For giving the hsn wise summery in GSTR 1, it is equal to net outward supply in GSTR 1(sales+Debit note -credit note) , but in case of outward supply on reverse charge, we normally seen that
taxable value and tax amount on outward supply on reverse charge is shown in table 4 of GSTR 1, then we need to enter the tax amount(CGST, SGST, IGST, CESS, UTGST) of outward supply on reverse charge in table 12 of GSTR 1 for hsn wise summery and table 17 of GSTR 9?
8 Replies
Prabhat Pandey
(210 Points)
Replied 26 June 2021
Yes,it's correct what you actually wants to know....
Ajnas
(Student)
(844 Points)
Replied 27 June 2021
Taxable value and tax amount on outward supply on reverse charge is shown in table 4 of GSTR 1, then we need to enter the tax amount(CGST, SGST, IGST, CESS, UTGST) of outward supply on reverse charge in table 12 of GSTR 1 for hsn wise summery and table 17 of GSTR 9?
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 27 June 2021
Dear Ajnas
Correct ..... but what is your query.
Correct ..... but what is your query.
Ajnas
(Student)
(844 Points)
Replied 06 July 2021
Pankaj sir, we need to put the tax amount of outward supply on reverse charge in hsn wise summery coloumn of GSTR 1 and GSTR 9?
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 11 July 2021
Dear Ajnas
Then what is the problem.
In case of RCM supply (Supplier) , it's understandable that the Tax amount will not match with tax reported in table 4 . , The reco for the same can be prepared.
The other way out is while reporting such invoices in table 12 of GST1 (HSN wise Summary) can declare against 0% tax rate )
Then what is the problem.
In case of RCM supply (Supplier) , it's understandable that the Tax amount will not match with tax reported in table 4 . , The reco for the same can be prepared.
The other way out is while reporting such invoices in table 12 of GST1 (HSN wise Summary) can declare against 0% tax rate )
Ajnas
(Student)
(844 Points)
Replied 11 July 2021
Outward supply on reverse charge amount Rs.100000+18%GST (18000), then while reporting such amount in Table 12 of GSTR 1, we need to report Rs. 100000+18% GST or only taxable value Rs. 100000 in GSTR 1?
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 11 July 2021
In my opinion Taxable value plus GST.
anil dadhich
(2 Points)
Replied 12 December 2023
dear sir
i want to know that my claint trade of animal cattle feed &khal that we have liabilites of rcm on fright on inward supply please solve my problam .
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