Preparation of HSN wise summary of Inward supplies

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A user in the chemical business is seeking guidance on how to prepare an HSN-wise summary of inward supplies for FY 2018-19. Their repairs and maintenance bills contain multiple items with different HSN codes and units of quantity, but the total bill amount was debited under a single 'Repairs & Maintenance' expense head. The user needs to know how to accurately record these diverse HSNs for GSTR-9 reporting, especially when individual HSN values might not meet the 10% threshold for separate declaration.

Suraj

Suraj (Querist)
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12 February 2020 Dear All,

My query is as follows:

My client is in chemical business. He has few repairs & maintenance bills during FY 2018-19. Each bill has 10-12 items with different HSN codes, different UQCs. He had shown these bills under Repairs & maintenance in P&L debiting total net amount and GST to duties & taxes. Then how to record these bills for HSN wise summary of Inward supplies?

Kindly guide.

Regards,
Suraj

CA Anita Bhadra

CA Anita Bhadra (Expert)
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12 February 2020 HSN wise summary of inward supplies in Form GSTR‐9 are required to be declared only for those inward supplies which in value independently account for 10 % or more of the total value of inward supplies.

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Amol S Joglekar

Amol S Joglekar (Expert)
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13 February 2020 you can record one by one. HSN codes are already given in the invoice, right?

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Suraj

Suraj (Querist)
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13 February 2020 Sir / Madam,
Earlier the instructions were no so clear hence most of the business owners didnt maintain hsn wise code data hence... the difficulty has arisen. Where goods are purchased, then proper accounting entries of goods purchased are passed. But where, as stated in my query, the bill contains hsn wise code line items but the amount is debited for repairs & maintenance or like then there is this difficulty i.e. total of 10 hsnwise line items (few different hsn codes) under one expense head of Repairs & maintenance. Any further guidance..?
Thanks & Regards,
Suraj