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Credit note HSN DETAILS

This query is : Resolved 

Quick Summary
The discussion clarified that separate HSN updation is generally not required for credit notes in GSTR 1. However, the HSN summary automatically considers the impact of credit notes, including negative values for reduced supplies.

02 July 2022 we raised credit note in gstr 1 , so should we update HSN NO belongs to credit note too.
is there any option for hsn wise updation for credit note as credit note auto populated in gstr 1

02 July 2022 HSN updation not required for credit note.

02 July 2022 Yes HSN summary will be updated taking into account credit notes also. Since HSN summary is the summary of supplies in a month HSN wise and since credit notes reduces the amount of supplies the effect of credit notes also to be taken in HSN summary. GSTR-1 has also been updated since some months now to accept negative figures


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