HSN WISE SUMMERY ON OUTWARD SUPPLY ON REVERSE CHARGE

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Ajnas

Student

844 Points Joined April 2020

For giving the hsn wise summery in GSTR 1, it is equal to net outward supply in GSTR 1(sales+Debit note -credit note) , but in case of outward supply on reverse charge, we normally seen that
taxable value and tax amount on outward supply on reverse charge is shown in table 4 of GSTR 1, then we need to enter the tax amount(CGST, SGST, IGST, CESS, UTGST) of outward supply on reverse charge in table 12 of GSTR 1 for hsn wise summery and table 17 of GSTR 9?

Replies (8)

Prabhat Pandey

210 Points Joined October 2020

Yes,it's correct what you actually wants to know....

Ajnas

Student

844 Points Joined April 2020

Taxable value and tax amount on outward supply on reverse charge is shown in table 4 of GSTR 1, then we need to enter the tax amount(CGST, SGST, IGST, CESS, UTGST) of outward supply on reverse charge in table 12 of GSTR 1 for hsn wise summery and table 17 of GSTR 9?

Pankaj Rawat

GST Practitioner

55062 Points Joined June 2017

Dear Ajnas
Correct ..... but what is your query.

Ajnas

Student

844 Points Joined April 2020

Pankaj sir, we need to put the tax amount of outward supply on reverse charge in hsn wise summery coloumn of GSTR 1 and GSTR 9?

Pankaj Rawat

GST Practitioner

55062 Points Joined June 2017

Dear Ajnas
Then what is the problem.
In case of RCM supply (Supplier) , it's understandable that the Tax amount will not match with tax reported in table 4 . , The reco for the same can be prepared.

The other way out is while reporting such invoices in table 12 of GST1 (HSN wise Summary) can declare against 0% tax rate )

Ajnas

Student

844 Points Joined April 2020

Outward supply on reverse charge amount Rs.100000+18%GST (18000), then while reporting such amount in Table 12 of GSTR 1, we need to report Rs. 100000+18% GST or only taxable value Rs. 100000 in GSTR 1?