HSN code for Nill rated supply

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89 Points Posted on 19 June 2021
R/Sir
I have nill rated/ exempted supply .Is HSN code Mandatory to file in GST r 1 in case of Supply more than 5 crore.
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On 19 June 2021 at 11:09 Report
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Quick Summary
This discussion clarifies the mandatory requirement of HSN codes for nil-rated or exempted supplies in India's GST system. Even for nil-rated goods, HSN codes are compulsory when filing GSTR-1, particularly for businesses with an annual turnover exceeding ₹5 crore. The nature of the supply (nil-rated) does not exempt taxpayers from this reporting obligation.

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GST Consultant
15986 Points Posted on 19 June 2021
HSN depends on type of goods and not on nature of supply. Yes HSN summary is mandatory in gstr-1
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On 19 June 2021 at 11:27
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Chartered Accountant
24588 Points Posted on 19 June 2021
Yes HSN code is mandatory
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On 19 June 2021 at 11:36
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Tax Consultant & Practitioner
6195 Points Posted on 19 June 2021

Definitely hsn are compulsory for tax payer having turnover more than 5cr

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On 19 June 2021 at 13:10

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