Gstr-1 hsn wise summary applicable on exempted goods or nil

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CA Rashmi choudhary (Querist)

15 February 2018 I want to know that hsn wise details also applicable on exempted or nil rated supply of goods in GSTR-1.

RAJA P M

RAJA P M (Expert)

15 February 2018 As per my view.,
Yes... HSN details is Applicable if we deal Exempted or Nil Rated goods as per T/O ceiling Limit..

Arpit

Arpit (Expert)

15 February 2018 Rashmi - As per section 23, if you are engaged exclusively in the business of supplying goods or services that are not liable to tax or wholly exempt from tax then you are not liable to get registered under GST. And if you are not liable to registration then there is no point of filing HSN wise details

CA Rashmi choudhary

CA Rashmi choudhary (Querist)

16 February 2018 Party sales taxable as well as exempted goods or nil rated goods, in that case what is the taxable value of nil rated and exempted goods as per HSN summary in GSTR-1 ?

RAJA P M

RAJA P M (Expert)

16 February 2018 Taxable value is goods basic value...
In tax column will be fill 0...

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