WebAug 24, 2024 · HSN Code in GSTR-1. Just like it is mandatory to mention the HSN code at 6 and 4 digits on invoices, GST returns to needs to be reported with the HSN code. Businesses with an aggregated turnover … WebJun 23, 2024 · This article will help you understand the component reports in the GSTR1 - Summary of outward supplies report. The first three sections of the GSTR1 need to be …
Changes in GSTR-1 from May 2024 and HSN Summary...
WebSep 4, 2024 · HSN-wise summary of outward supplies. HSN code must be reported. It will be optional for taxpayers having annual turnover up to Rs. 1.50 Crore. However, description of goods is mandatory. ... Broadly, details required to be captured in GSTR-1 are either invoice-wise, rate-wise, or state-wise details of outward supplies made during the … WebJul 6, 2024 · HSN Reporting: The new returns enforce only narrow criteria concerning supplies where the HSN code needs to be reported. The turnover limit has been raised to Rs 5 crore, which serves as a major relief. However, the legal provision in relation to reporting of the HSN remains the same. cpu soft lockup vmware
Export GSTR-1 in JSON Format & Update Rate-wise …
5. 12 – HSN-wise-summary of outward supplies The GSTR-1 return requires a dealer to provide HSN-wise summary of outward supplies and rate wise along with quantitative details. Step 1– Click the HSN-wise summary of outward supplies tile. Step 2– Click on Add Details button on bottom right. Step 3– … See more 1. 4A, 4B, 4C, 6B, 6C – B2B Invoices All B2B Invoice details are required to be entered inside this tile. Step 1 – Click on the 4A, 4B, 4C, 6B, … See more 2. 5A, 5B – B2C (Large) Invoices All outward supplies made to a consumer and the invoice value is more than Rs 2.5 lakh has to be entered in this tile. Step 1– Click on the 5A, 5B – B2C (Large) Invoices tile. Step 2– … See more 5. 6A – Exports Invoices Invoices for supplies exportedhas to be added in this section. Step 1– Click on the 6A – Exports Invoices tile. … See more 3. 9B – Credit / Debit Notes (Registered) As the heading suggests this tile is to add the Credit and Debit Noteissued to registered dealers. Step 1– Click on the 9B – Credit / Debit Notes (Registered) tile. … See more WebForm GSTR-1 can be prepared using the following modes through: 1. Online entry on the GST Portal. 2. Uploading of invoice and other Form GSTR-1 data using Returns Offline Tool. 3. Using third party application of Application Software Provider (ASPs) through GST Suvidha Providers (GSPs). 6. What details have to be furnished in Form GSTR-1? WebFeb 10, 2024 · GSTR-1 is a monthly or quarterly return to be filed by regular dealers. The return is divided into 15 sections. It might look complex but ClearGST Software makes the entire process of filing GSTR-1 seamless … distillery richardson