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.
Menu
GSTR 1 - Table 12 HSN wise summary
Replies (7)
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)
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)
Whether we have to add all the figures i.e. Taxable/Exempt/Nil Rated Supply while calculating Total Taxable Value
Yes, add all the figures to calculate total Taxable value.
If I have only exempt supply then also I have to show in HSN wise summary
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.
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.
Thank U Sagar Ji
Most welcome.......Amit ji
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
