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Hsn wse report

MURALIDOSS (INCOME TAX PRACTITIONER) (1325 Points)

27 October 2018

DEAR ALL,

IS HSN WISE SALES REPORT & DOCUMENT NUMBERS DETALS ARE MANDATORY FOR TURNOVER 1.1 CRORE?

THANKS,

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11 Replies

DIPESH SHARMA (132 Points)
Replied 27 October 2018

no if your turnover exceed 1.5 cr than you are liable to show HSN code in your gstr -1

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saurabh sawlani (2183 Points)
Replied 27 October 2018

No not madatory if turnover below 1.5 crore

Vinod Babu (24191 Points)
Replied 28 October 2018

As per your query hsn summary not required but documents summary is mandatory.

RAJA P M ("Do the Right Thing...!!!") (128068 Points)
Replied 28 October 2018

No need Dear Mr MURALIDOSS...

The HSN details and Descripttion need to Above 1.5cr turn over only...

Document Summary is required...

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 28 October 2018

notification 12/2017 CT , Dr 28/6/17

provides that a registered person having annual turnover in the preceding financial year less than Rs.1 .5 Crore is not required to mention the digits of HSN codes in a tax invoice issued by him. However, in GSTR 1 & 2 he must give the details of stock sold HSN code wise.
So person having turnover up to Rs 1.5 crore may skip HSN codes but they have to provide quantitative details and descripttion of all items sold.

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RAJA P M ("Do the Right Thing...!!!") (128068 Points)
Replied 28 October 2018

No need HSN details if Code or Stock or Outwards for less than 1.5cr...

Vinod Babu (24191 Points)
Replied 28 October 2018

Yes, not required for turnover less than 1.5 crore

manoj Pendikatla (26 Points)
Replied 28 October 2018

we mention percentage wise in b to c sales and percentage wise in BtoB sales then what is the need of Hsn wise summary? if not mention Hsn wise summary above 1.5cr what are issues we can face?