HSN code wise details for purchases in Table 18 of Annual Retrun - Reg.

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies the requirement for reporting HSN-wise inward supplies in Table 18 of the GSTR 9 annual return for FY 2023-24. For businesses with turnover below ₹1.5 crores, it's optional. Those between ₹1.5 to ₹5 crores must report 4-digit HSNs for B2B supplies, while businesses above ₹5 crores need to provide 6-digit HSN codes.

Gopalakrishnan. S

Gopalakrishnan. S (Querist)
Follow

02 December 2024 Sir

Is it compulsory to feed HSN wise Inward supplies in Table 18 of GSTR 9 Annual return for the FY 2023 - 24
or is it optional ? Pls. advice.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

02 December 2024 For taxpayers with an annual turnover below ₹1.5 crores: Reporting HSN details in Table 18 is optional.
For those with a turnover between ₹1.5 crores and ₹5 crores: Reporting HSN codes at a 4-digit level is mandatory for B2B transactions..
For businesses with a turnover above ₹5 crores: A 6-digit HSN code is required.

Gopalakrishnan. S

Gopalakrishnan. S (Querist)
Follow

02 December 2024 Ok Sir. Thank you so much.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

02 December 2024 You are welcome.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now