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GSTR 1 - Table 12 HSN wise summary

652 views 7 replies

Amit Jain

Proprietor

538 Points Joined December 2016

Dear All

How to show the following details in GSTR 1 Table 12-HSN wise summary of Outward Supplies

HSN Code - 10

UQC - Kgs

Taxable Supply - 5,000/-

Exempt Supply - 1,000/-

Nil Rated Supply - 1,000/-

CGST - 125/-

SGST - 125/-

Quantity

Taxable - 100 kgs

Exempt - 15 Kgs

Nil - 10 Kgs

What figures are to be filled in Total Qty, Total Value and Total Taxable Value Column.

Replies (7)

Sagar Patel

Tax and Business Consultant

11616 Points Joined July 2015

HSN ..10
UQC ..kgs
Total Qty..125
Total value..7250
Total taxable value...7000

Note: Generally, HSN of taxable as well Exempted Goods can not be same.but this case can be happen at chapter level HSN (i.e 2 digit only)

Amit Jain

Proprietor

538 Points Joined December 2016

Whether we have to add all the figures i.e. Taxable/Exempt/Nil Rated Supply while calculating Total Taxable Value

Sagar Patel

Tax and Business Consultant

11616 Points Joined July 2015

Yes, add all the figures to calculate total Taxable value.

Amit Jain

Proprietor

538 Points Joined December 2016

If I have only exempt supply then also I have to show in HSN wise summary

Sagar Patel

Tax and Business Consultant

11616 Points Joined July 2015

Yes, Amit ji
If you're dealing only in Exempted Supplies than you are not required to take registration.

and If you are dealing in both (Exempt and taxable), but during the month you have supply of only exempt Goods,
than In HSN summary you have to show that exempt supply value in Total taxable value and in GST column as Zero.