Reporting of 6% tax rate in GSTR 1 from May 2022



Quick Summary
A new 6% GST tax rate was introduced on certain goods from April 2022. Initially, taxpayers had to report these under the 5% tax rate in GSTR 1 due to a missing column. However, an updated advisory from June 2022 confirms that a dedicated 6% tax rate column has been added to most sections of GSTR 1. For HSN details in table 12, the 6% rate will be added soon, and until then, these supplies should be reported under the 5% tax rate with adjusted values.

The GST department introduced a new tax rate of 6% on specific goods vide Notification No. 02/2022 dated 31st March 2022. This new rate of tax was made applicable from 1st April 2022. GSTR 1 is a monthly or quarterly statement of outward supplies furnished by a registered taxpayer. This return co
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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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About the Author

Chartered Accountant

I am a Chartered Accountant with more than 7 years of experience. Founder of Puja Sharma and Associates based out of Jaipur.

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