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Sac & hsn code


03 November 2017
Good evening Experts

Please clarify my doubt

We are service providers , Our Turnover is more than 1.5 crore , So We have mentioned SAC in GSTR-1 must & Should be or Not?

Kindly Clarify my doubt
Thanks & Regards
siva



03 November 2017 Yes... Above 1.5cr it's must in GSTR 1 returns...

03 November 2017 Yes , Mandatorily you should mention HSN SAC code in your GSTR 1




03 November 2017 As your Turnover is more than 1.5 Cr you should also mention HSN summary of inward supplies in your GSTR 2

03 November 2017 Dear Mr. Vinay Reddy.,

You want once again my reply. So, Only you post it again. But, I don't like this... Bcoz, It's not related...

Also you write single ans in two or three replies...

03 November 2017 Dear Mr.Raja sir, I posted it because the query is related to HSN SAC and Turnover also mentioned. I don't want you to reply sir, I'm not here to hurt anyone personally, As CAClubindia is a platform for discussion on our queries and sharing Knowledge. Everyone will have their own stand. I'm very sorry if you are thinking that I posted regarding GSTR 2 just because of you

03 November 2017 Thanks





















03 November 2017 Thanks for understanding Mr.Raja ji




05 November 2017 Dear Mr.Raja ji, Today CBEC on its official Twitter account mentioned about HSN codes in GSTR 2 CBEC replied to follow Instruction no.14 which states Mandatorily Taxpayer should mention HSN code in GSTR 2 if Turnover is above 1.5 cr

05 November 2017 Below is the Instruction no.14 for your reference

05 November 2017 14.Reporting criteria of HSN will be same as reported in GSTR-1. Summary of supplies effected against a particular HSN code to be reported only in summary table. It will be optional for taxpayers having annual turnover uptoRs. 1.50 Cr but they need to provide information about description of goods. It will be mandatory to report HSN code at two digits level for taxpayers having annual turnover in the preceding year above Rs. 1.50 Cr but uptoRs. 5.00 Cr and at four digits level for taxpayers having annual turnover above Rs. 5.00 Cr.  

05 November 2017 Dear., please post it single... If you post multi more then it's reflected also in CCI notification and in my mailbox.... I think this not good... You only not updated who are in this field they are updated..... I also saw it and once again I standing myself as my reply. It's not mandatory in GSTR 2.... Onece again don't be taken Class to me..... GOOD LUCK....




05 November 2017 Okay sir Thanks for your suggestion. I'm not here to take class to anybody pls see Today's twitter account GST@goi

05 November 2017 Already did......

05 November 2017 Then you must have seen about Turnover limit regarding HSN code




05 November 2017 (Summary is required to be given in Table 13 of GSTR-2) What is the reply in twitter...? It's required not mandatory. Also it's not possible. The hsn details from seller's hand not on buyers hand.... Please understand the difficulties and it's requirements. We give details at the time of registration and migration just 5codes these are only our selling goods not purchasing goods/services... We must follow the details in GSTR 1 not mandatory in GSTR 2....

05 November 2017 Not that one Mr.Raja ji,  GST@GoI @askGST_GoI · 1h Pl see instruction no. 16 below GSTR-1 and no. 14 below GSTR-2. Nikul Patel @ukanikul @askGST_GoI it's compulsory to put HSN code wise details in GSTR 2.

05 November 2017 And instruction no.14 is here

05 November 2017 P.S. as I'm giving reply from mobile it got suddenly posted without pasting instruction no.14 14.Reporting criteria of HSN will be same as reported in GSTR-1. Summary of supplies effected against a particular HSN code to be reported only in summary table. It will be optional for taxpayers having annual turnover uptoRs. 1.50 Cr but they need to provide information about description of goods. It will be mandatory to report HSN code at two digits level for taxpayers having annual turnover in the preceding year above Rs. 1.50 Cr but uptoRs. 5.00 Cr and at four digits level for taxpayers having annual turnover above Rs. 5.00 Cr.

05 November 2017 Oh god..... OK bro enjoy it..... I don't the way how I ll give the satisfy.... Okay enjoy the above same way as the reply by CBEC... GOOD LUCK DEAR.... KEEP IT UP...... 👋👋👋👋👋

05 November 2017 Thanks Mr.Raja ji, pls understand me, I'm different from others while I'm giving reply i feel that it is like a debate between me and others but not to criticise other or not my job to say other side party is wrong

05 November 2017 Yes... Also I'm the same... The same way understand to others. We ll stand our way but same time we can think the logic and also our practice in previous years.... OK bro.... GOOD LUCK.....



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