Hsn wise summary of outward supplies

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This query is : Resolved

Subramanya (Querist)

02 July 2019 Dear Experts,

Kindly clarify that in HSN wise summary of Outward supplies of GSTR 1 and GSTR 9

1. Whether Return and Escalations to be considered ?
2. Whether exempt and nil rated details to included ?
3. Whether SAC wise details to be included ?
4. Will Inward of Reverse Charge transactions to be included ?

Thanks in advance

With regards,
Subramanya

Nandini H Gupta

Nandini H Gupta (Expert)

03 July 2019 1. Whether Return and Escalations to be considered ?
Ans: The amount to be shown here is net of sales returns
2. Whether exempt and nil rated details to included ?
Ans: Yes all outward supplies including interest being exempt under HSN 9971 to be disclosed here
3. Whether SAC wise details to be included ?
Ans: yes SAC level at rate level disclosure is required upto 2 decimal points
4. Will Inward of Reverse Charge transactions to be included ?
Ans: No only outward supplies are to be disclosed here

Subramanya

Subramanya (Querist)

03 July 2019 Thanks Nandini H Gupta.

With regard to Inward of Reverse charge transactions, in GSTR 9 Annual returns, under Inwards sections can it be included ?

Thanks
Subramanya

Nandini H Gupta

Nandini H Gupta (Expert)

03 July 2019 Yes it can be included in table 18. Suggested to take benefit of disclosing only 10% of total inward supplies.

Subramanya

Subramanya (Querist)

03 July 2019 Thanks for your reply.

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