sir, b2c HSN summary mandatory or any turnover limit for b2c HSN summary.
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Quick Summary
This discussion clarifies the mandatory requirements for B2C HSN summaries in GSTR-1 filings. Generally, it's mandatory for businesses with a previous financial year's aggregate turnover exceeding ₹5 crore. However, even for turnovers below ₹1 crore, HSN-wise details may be requested during GSTR-1 filing, with specific digit requirements based on turnover thresholds (4 digits up to ₹1.5 crore, 6 digits above ₹1.5 crore up to ₹5 crore).
- *GSTR-1 Filing*: When filing GSTR-1, you may be required to provide HSN-wise details of outward supplies.
HSN Summary Requirement for Turnover Below ₹1 Crore -
*Threshold for HSN Details*: For taxpayers with aggregate turnover up to ₹1.5 crores, HSN codes with minimum 4 digits are required, while those with turnover above ₹1.5 crores and up to ₹5 crores need to report HSN codes with 6 digits. May '25 GSTR-1 Filing -
*HSN Summary for May '25*: If you're required to provide HSN-wise details, ensure you have the necessary information to fill in the HSN summary section of your GSTR-1 return.
Recommendations - *Verify HSN Code Requirements*: Double-check the specific HSN code requirements for your business and ensure you're reporting the correct information. -
By understanding the HSN summary requirements, you can ensure compliance with GST regulations and accurate GSTR-1 filing.