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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...!!!") (127171 Points)
Replied 30 November 2023

Yes it's required.

Money Money (383 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 ) (6232 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.