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Is HSN Summary compulsory for GSTR-9 filing for FY 22-23

anand dilip bagade (PROPRIETOR) (96 Points)

30 November 2023

Whether HSN summary of outward supply and inward supply is compulsory for filing of GSTR-9 for FY 22-23

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 30 November 2023

Yes it's required.

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Money Money (413 Points)
Replied 30 November 2023

The HSN summary of outward supply and inward supply is not compulsory for filing of GSTR-9 for FY 22-23. The CBIC has issued a notification1 that states that the registered person shall have an option to not fill HSN summary for inward supplies in Table 18 of GSTR-9. The notification also states that for taxpayers having annual turnover in the preceding financial year up to Rs. 5 crore, it is optional to report HSN summary of outward supplies in Table 17 of GSTR-9. However, for taxpayers having annual turnover in the preceding financial year above Rs. 5 crore, it is mandatory to report HSN summary of outward supplies in Table 17 of GSTR-9 at 6 digits level for all transactions

anand dilip bagade (PROPRIETOR) (96 Points)
Replied 30 November 2023

Thank you for the reply

Dhanaji (Manager Import & Export) (22 Points)
Replied 16 December 2023

Notification number please

Ayush (Executive ) (6755 Points)
Replied 20 March 2024

Taxpayers with a turnover above Rs. 5 crores must report HSN codes at a 6-digit level.
Turnover up to Rs. 5 crores, reporting is required at a 4-digit level for (B2B) supplies.
This reporting is done in Table 17 of the GSTR-9 form, summarizing outward supplies.