hello experts,
is there any HSN is available for petrol and diesel sale at petrol pump.
and it is non gst item so HSN should be mention while filing gst return please suggest
Menu
HSN code for petrol and diesel
Replies (4)
Quick Summary
Petrol diesel is under the purview of vat.
petrol and diesel are considered to be outside the scope of the Goods and Services Tax (GST) in India. Therefore, they are not subject to GST, and HSN (Harmonized System of Nomenclature) codes are not applicable for their sale at petrol pumps.
The HSN codes are primarily used for classifying goods and services for taxation purposes under the GST regime. However, certain goods and services, including petrol and diesel, fall under the exclusion list and are not covered by GST. As a result, there is no specific HSN code to be mentioned while filing GST returns for the sale of petrol and diesel.
To read more finance content visit Swipe Blogs
Thank you very much experts for your kind support and advice thanks again
thank you sir
but tax officers are issuing notice for non matching of gstr 1 sales with hsn sumary is it issue of notice is correct?
Recent Topics :
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
Related Topics :
CAclubindia
