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Hsn wise summary in gstr1...

23 July 2020

is it mandatory to show hsn wise summary in gstr 1...turnover is in crores bt its non gst supply and leviable supply is only in thousands...

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Vijayprakash P (1313 Points)
Replied 23 July 2020

HSN wise summary is optionable if the aggregate turn over is less than 1.5 crores. If exceeds 1.5 crores HSN code is mandatory.

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Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 23 July 2020

Notification 12/2017 CT , Dr 28/6/17 provides that a registered person having annual turnover in the preceding financial year less than Rs.1 .5 Crore is not required to mention the digits of HSN codes in a tax invoice issued by him. Thus not even required to declare the same in GSTR 1

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