banner_ad

Hsn and sac codes in gstr 1 and 2

Return 2285 views 1 replies

I read queries being raised on how to show SAC code in GSTR 1 and 2 and how to enter quantity in information of HSN code wise summary in these returns.

No where in notes SAC codes are mentioned. Whether Service invoice totals to be included in this summary or not is the questions raised. We may have to assume hsn includes sac also. 

My question is what is the intention of legislature in asking only hsn summary data but not sac summary data. Perhaps this is collection statistical data on supply of goods code wise for the goverment,

Further discussion on this subject will enlighten members of the forum.

 

Replies (1)

The Harmonized Commodity Descripttion and Coding System generally refers to “Harmonized System of Nomenclature” or simply “HSN”. It is a multipurpose international product nomenclature developed by the World Customs Organization (WCO). It first came into effect in 1988.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details