GSTR 1 Total Invoice Value

In GSTR-1 Table 4A,4B,4C-B2B Invoice Whether In Total Invoice Value Column we have to include TCS Amount.
And also in Table 12-HSN wise summary of outward supplies Whether In Total Invoice Value Column we have to include TCS Amount.
Replies (5)
Quick Summary
This discussion addresses whether the TCS (Tax Collected at Source) amount needs to be included in the 'Total Invoice Value' fields within GSTR-1, specifically for Table 4A, 4B, 4C (B2B Invoices) and Table 12 (HSN-wise summary of outward supplies). The consensus is that 'Total Invoice Value' should encompass all components of the sale. Guidance is provided on how to segregate amounts by HSN code for Table 12, ensuring the total reconciled value matches the original bill.

Total invoice value is sum total of everything
In Table 12-HSN wise summary of outward supplies Whether In Total Invoice Value Column we have to include TCS Amount.
Total means hi all over hota hai
you have to take all over amount of sale
If in one bill there are multiple HSN Code Items then how we will include the TCS Amount in table 12 Total Invoice Value

You have to segregated the amount as per the Hsn then make total of bill a+b+c =d

Like that you segigate  all and then reconcile with the total amount your segregated and bill total same or not in excel first

Then file the segregated amt in portal with same bill no and date only different HSN code and amt and you're new total invoice amt after segregated

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register