Entry of Invoice s of Nil rated item

289 views
User Avatar

25 Points Posted on 27 October 2020
In which section of GSTR1 entry of invoices of Nil rated items are to be made? Invoice value is more than 2.5 lakh and B2B supply...
Plz guide??
0 Reply Share Follow
On 27 October 2020 at 17:31 Report
Replies (6)
Quick Summary
This discussion clarifies how to report nil rated items on GSTR1 when the invoice value exceeds £2.5 lakhs and it's a B2B supply. It confirms that such intra-state supplies should be entered in Table 8A for registered persons and also in Table 8B for nil rated supplies. Additionally, details for Table 12 (HSN wise summary) and Table 13 (Documents issued) should be included.

User Avatar

GST Practitioner & Accounts
15146 Points Posted on 27 October 2020

Is it  intra -state or  Inter- state  supply ?. 

Reply
On 27 October 2020 at 18:32
User Avatar

25 Points Posted on 27 October 2020
Intra state supply
Reply
On 27 October 2020 at 18:44
User Avatar

GST Practitioner & Accounts
15146 Points Posted on 27 October 2020

GSTR1 - As you query Nil rated supply 

1) Table 8A - Intra-state supply to registered  person 

2) Amount in Table 8B ( Nil rated supply ) 

please  confirm with others also . 

1 Reply
On 27 October 2020 at 19:06
User Avatar

Accountant
3662 Points Posted on 27 October 2020
Agree with Mr. Prasad

No confirmation required from others
1 Reply
On 27 October 2020 at 21:14
User Avatar

25 Points Posted on 27 October 2020
Thankyou Sir.... one more querry...

Should i also fill the detail of table 12 HSN wise summary of outward apply and table 13 Document issued?
Reply
On 27 October 2020 at 21:22
User Avatar

Accountant
3662 Points Posted on 27 October 2020
Yes.......
Reply
On 27 October 2020 at 21:39

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Guidance Required on Filing Fresh Registration und
  2. IT Return Refund Status AY 2026-27
  3. Clarification Regarding Income Tax Demand Notice
  4. Online PAN Download: Check How?
  5. Demand of Late fee/Interest under section 75 of GS
  6. DSC registration on TRACES portal
  7. Can we get registered for MCA if we get a Virtual
  8. DONATION PAYMENT REG
  9. GST IDS Refund – Statement 01A: Invoice Not
  10. TDS deposit code & TDS return

More recent discussions | Post

Related Topics :

Loading