DEAR ALL,
IS HSN WISE SALES REPORT & DOCUMENT NUMBERS DETALS ARE MANDATORY FOR TURNOVER 1.1 CRORE?
THANKS,
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
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...!!!")
(128091 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...
The HSN details and Descripttion need to Above 1.5cr turn over only...
Document Summary is required...
Pankaj Rawat
(GST Practitioner)
(55052 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.
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.
RAJA P M
("Do the Right Thing...!!!")
(128091 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?
Kunal Mittal
(FINANCE OFFICER)
(580 Points)
Replied 29 October 2018
no, not required for turnover less than 1.5 cr.
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1329 Points)
Replied 29 October 2018
Earlier they filed GSTR 3B only for Oct to Dec 17
Now the sales entered in 3b for the month of Dec 17 is lower that means some invoices not included in the month of december 17
Now I want to file quarterly GSTR! but the total is different , How to do
please
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