GSTR9 F.Y. 19-20
This query is : Resolved
08 February 2021
Is it compulsory to show HSN details in GSTR9 return in column No. 17 and 18 for F.Y .2019-20 1) if turnover is grater than 1.50 crores but less than 5.00 crores 2) if turnover is grater than 5.00 crores
09 July 2024
For the financial year 2019-20, the reporting of HSN (Harmonized System of Nomenclature) details in columns 17 and 18 of the GSTR-9 return is subject to specific criteria based on the turnover:
1. **Turnover Greater Than 1.5 Crores but Less Than 5 Crores**:
- Reporting of HSN details in GSTR-9 is **optional** for taxpayers with a turnover between 1.5 crores and 5 crores. This means you can choose to provide HSN details in columns 17 and 18, but it is not mandatory.
2. **Turnover Greater Than 5 Crores**:
- For taxpayers with a turnover exceeding 5 crores, reporting HSN details in columns 17 and 18 of the GSTR-9 return is **mandatory**. You need to provide the HSN codes for goods and services along with the corresponding taxable values.
This differentiation in reporting requirements helps streamline the compliance process for smaller businesses while ensuring detailed reporting for larger enterprises.
For more details, you can refer to the relevant GST guidelines and notifications issued by the GST authorities.
1. **Turnover Greater Than 1.5 Crores but Less Than 5 Crores**:
- Reporting of HSN details in GSTR-9 is **optional** for taxpayers with a turnover between 1.5 crores and 5 crores. This means you can choose to provide HSN details in columns 17 and 18, but it is not mandatory.
2. **Turnover Greater Than 5 Crores**:
- For taxpayers with a turnover exceeding 5 crores, reporting HSN details in columns 17 and 18 of the GSTR-9 return is **mandatory**. You need to provide the HSN codes for goods and services along with the corresponding taxable values.
This differentiation in reporting requirements helps streamline the compliance process for smaller businesses while ensuring detailed reporting for larger enterprises.
For more details, you can refer to the relevant GST guidelines and notifications issued by the GST authorities.
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