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HSN of Petrol/Diesel

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Himanshu Agarwal

Proprietor

186 Points Posted on 17 June 2021

Dear All,
Do we need to give HSN summary in GSTR 1 OF EXEMPTED/NON TAXABLE item ?
Specially In Petrol Pump Business i.e DIESEL AND PETROL.

if yes what is HSN

Replies (2)

Quick Summary

This discussion addresses whether HSN codes for exempted or non-taxable items, specifically petrol and diesel, need to be included in GSTR 1 returns. The consensus suggests that since petrol and diesel are outside the GST's purview, their HSN codes are likely not required for GST returns. Businesses may need to file separate Excise/VAT returns for these items.

CMA Poornima Madhava

CMA

13117 Points Posted on 17 June 2021

Since diesel/petrol is not in the purview of GST, I think HSN code in respect of the same is not required to be declared in GST return. You would be filing Excise/VAT return in respect of the same.