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compulsory declaration of codes

21 August 2017

Dear All

Is it mandatory to declare HSN or SAC codes in invoices even where there is supply or services ..

also what rule does unregistered dealers will follow.

pls suggest

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11 Replies

RAMESH D MODI (Proprietor) (4864 Points)
Replied 21 August 2017

no rule applicable to unreg.

RAMESH D MODI (Proprietor) (4864 Points)
Replied 21 August 2017

no need to mention hsn if t/o is less than 1.5.crore

Nitish Pilaniwalla (7 Points)
Replied 21 August 2017

thanks bro..

karthick (Software download) (94 Points)
Replied 21 August 2017

then wat about hsn code wise total in gstr1 bro

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 21 August 2017

Who is applicable as HSN wise details they ll be fill details in "HSN wise total" in GSTR 1 bro karthick....
All other don't want......

karthick (Software download) (94 Points)
Replied 22 August 2017

thank u bro

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 22 August 2017

You are most Welcome BRO......

Md Raja (Company Secretary & Compliance officer ) (72 Points)
Replied 22 August 2017

Thank you very much sir.

HSN code is applicable on the turnover limits. It is by Notification No. 12/2017 – Central Tax, In pursuance of the first proviso to rule 46 of the Central Goods and Services Tax Rules, 2017, the Central Board of Excise and Customs, on the recommendations of the Council.

I want to know where the clarification is given for GSTR1, whether to comply with the HSN wise supply detail to be filled by the GSTIN Holder or not?

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 22 August 2017

@ Md Raja.,

In my view it's not applicable....

It's to the notified T/O related persons only...

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 22 August 2017

HSN CODE WISE DETAILS:

1. This is a conolidated details for every HSN...

2. This is not applicable for the dealers of who is T/O less than 1.5cr .

3. Above 1.5cr to 5cr dealers have using first 2digits for HSN. i think Their total business transactions include first Two digits. So, It's not critical.

5. Above 5cr dealers is using first 4 digits....

Finally, i think it's auto populated details. So, we are waiting and i'll update here @ anyway...