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Hsn wise derails in r1.

NICSON JOHN (514 Points)

17 October 2021

is it compulsory for all to show hsn wise details in r1.??.pls give a reply

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6 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14805 Points)
Replied 17 October 2021

Yes , From 1/4/2021 its mandatory to show HSN wise details in GSTR 1 . Refer Notification 78/2020 dated 15/10/2020 for more details .

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NICSON JOHN (514 Points)
Replied 18 October 2021

For b2c also??

prasad Nilugal ( GST Practitioner & Accounts ) (14805 Points)
Replied 18 October 2021

If Aggregate turnover up to five crore in the previous financial year not necessary for B2C transactions .

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 18 October 2021

Agree with prasad

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anil jain (Partner) (1072 Points)
Replied 18 October 2021

Mr Prasad

Notification 78/2020 dated 15/10/2020 refers HSN code to be mentioned in invoice, it does not talk about HSN code to be mentioned in GSTR1.

Please correct me if I am wrong.

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prasad Nilugal ( GST Practitioner & Accounts ) (14805 Points)
Replied 18 October 2021

Yes Jain sir you are correct , but I am also confused that' is why I have given reference of notification number and date to Mr John queriest to interpret notification . Normally we entered all details from Invoices in GSTR1 , wherein HSN code to be mentioned .