Gstr 9 sale hsn wise detail.
This query is : Resolved
21 December 2022
Dear Sir,
FY 2021-22 GSTR 9 mein hsn wise sale dena optional hai mandatory hai. If mandatory then above from which limit ?
Please clarify.
FY 2021-22 GSTR 9 mein hsn wise sale dena optional hai mandatory hai. If mandatory then above from which limit ?
Please clarify.
09 July 2024
For the Financial Year 2021-22, reporting HSN-wise sales in GSTR-9 is mandatory, but the level of detail required depends on the turnover of the taxpayer.
### HSN-wise Sales Reporting Requirements:
1. **Turnover up to ₹5 crores**:
- Reporting HSN-wise summary of sales is **optional**.
2. **Turnover exceeding ₹5 crores**:
- Reporting HSN-wise summary of sales is **mandatory**.
### Table in GSTR-9 for HSN-wise Summary:
- **Table 17**: This is where the HSN-wise summary of outward supplies needs to be reported.
### Key Points to Note:
- For taxpayers with turnover exceeding ₹5 crores, the HSN code and corresponding sales figures must be reported.
- The number of digits of the HSN code to be reported:
- **4 digits**: For businesses with turnover up to ₹5 crores.
- **6 digits**: For businesses with turnover exceeding ₹5 crores.
Ensure to verify your turnover and report accordingly in your GSTR-9 for the financial year 2021-22. If your turnover exceeds ₹5 crores, you must provide the HSN-wise details in Table 17. If it is ₹5 crores or less, reporting these details is optional.
For further clarification, you may refer to the instructions provided on the GST portal or consult with a GST professional.
### HSN-wise Sales Reporting Requirements:
1. **Turnover up to ₹5 crores**:
- Reporting HSN-wise summary of sales is **optional**.
2. **Turnover exceeding ₹5 crores**:
- Reporting HSN-wise summary of sales is **mandatory**.
### Table in GSTR-9 for HSN-wise Summary:
- **Table 17**: This is where the HSN-wise summary of outward supplies needs to be reported.
### Key Points to Note:
- For taxpayers with turnover exceeding ₹5 crores, the HSN code and corresponding sales figures must be reported.
- The number of digits of the HSN code to be reported:
- **4 digits**: For businesses with turnover up to ₹5 crores.
- **6 digits**: For businesses with turnover exceeding ₹5 crores.
Ensure to verify your turnover and report accordingly in your GSTR-9 for the financial year 2021-22. If your turnover exceeds ₹5 crores, you must provide the HSN-wise details in Table 17. If it is ₹5 crores or less, reporting these details is optional.
For further clarification, you may refer to the instructions provided on the GST portal or consult with a GST professional.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- Regarding TDS Applicability For Director Remuneration
- Regarding appeal to GSTAT
- Value of property in capital gain
- Form 121 & TDS deduction
- Multiple trade mark
- LC charges in relation to Asset purchased should be Capitalised ?
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Copyright software
- Transporter Declaration form
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
