is it mandatory to fill HSN wise SUMMARY for outward and inward supply in GSt annual return? Our turnover is above 5 crores.
Menu
HSN summary in Annual return
Replies (7)
It is mandatory to fill HSN wise details but govt. give relaxation for F.Y. 17-18/18-19 for not filling these details.
Is there any order or circular regarding this relaxation?
Yes, Press release by Department https://www.cbic.gov.in/resources//htdocs-cbec/press-release/Press-release-on-Annual-Return-GST-141119.pdf
yes, Notification No:- 56/2019- Central tax dated 14.11.2019
not required at all now
HSN Summary field in the Annual Return has been made "OPTIONAL" for FY 2017-18 and FY 2018-19.
As per Notification 56/2019CT it's optional only in case of Inward supply .
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
