HSN wise data in GSTR 1

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ACCOUNTANT
524 Points Joined May 2011

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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On 08 May 2025 at 15:23 Report
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Master in Accounts & high court Advocate
9442 Points Joined December 2011

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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On 08 May 2025 at 16:02


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