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HSN code in GSTR 1 in 2021-22

08 May 2021

The dealer is having turnover below 1.5 cr..All sales are B2B..hence opted for monthly GSTR1..Since 4 digit HSN code is mandatory in Invoice from 1 st April 2021..Whether HSN code is required to be given in GSTR 1 also in this case..

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11 Replies

CMA Poornima Madhava (CMA) (13097 Points)
Replied 08 May 2021

Yes, 4-digit HSN code to be mentioned in GSTR1 too.

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 08 May 2021

Yes it is mandatory

RENU SHARMA (1388 Points)
Replied 08 May 2021

Yes, its mandatory to mention HSN code in Gstr1 from April onwards

Pankaj Rawat (GST Practitioner) (55030 Points)
Replied 09 May 2021

Yes you are required to provide HSN Summary in table 12 of GSTR 1

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CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 09 May 2021

Agreed

Lotus Agrawal (Practice) (1356 Points)
Replied 09 May 2021

Yes it is mandatory

Bhavika Kothari (CA) (1258 Points)
Replied 14 May 2021

Yes it is required to enter HSN Code details in GSTR-1 from 1st April 2021

Ravinder Singh (Direct & Indirect Taxation professional) (110 Points)
Replied 15 May 2021

Please refer to the following notification

With effect from the 1st April, 2021, it has been made mandatory for a GST taxpayer, having turnover of more than Rs 5 crore in the preceding financial year, to furnish 6 digits HSN Code (Harmonized System of Nomenclature Code), or as the case may be, SAC (Service Accounting Code) on the invoices issued for supplies of taxable goods and services. A taxpayer having turnover of upto Rs 5 crore in the preceding financial year is required to mandatory furnish 4 digits HSN code on B2B invoices. Earlier, the requirement was 4 digits and 2 digits respectively. For more details, notification No. 78/2020-Central Tax, dated 15.10.2020 may be referred to (accessible at https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-79-central-tax-english-2020.pdf)