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HSN wise data in GSTR 1

NAGA (ACCOUNTANT) (519 Points)

08 May 2025

Should those with turnover below five crores have to provide data on B2C sales HSN wise in GSTR 1? Pls suggest

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Rama chary Rachakonda (Master in Accounts & high court Advocate) (8382 Points)
Replied 08 May 2025

For taxpayers with an aggregate turnover below ₹5 crores, the requirement to provide data on B2C sales HSN-wise in GSTR-1 depends on the specific rules and notifications issued by the GST authorities. General Rule -

*HSN Code Requirement*: Taxpayers with an aggregate turnover of up to ₹5 crores are required to report B2C supplies with a minimum of 4-digit HSN codes in GSTR-1. Recommendations -

*Check GST Notifications*: Verify the latest GST notifications and rules to ensure compliance with the current requirements. -

*Consult a GST Expert*: If you're unsure about the specific requirements or need guidance on GST compliance, consider consulting a GST expert or a chartered accountant. Additional Considerations -

*GST Returns*: Ensure that you're filing your GST returns (GSTR-1, GSTR-3B, etc.) accurately and on time to avoid any penalties or notices. -

*Record-Keeping*: Maintain proper records of your sales, including B2C transactions, to support your GST returns and compliance [1].

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