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?
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HSN WISE SUMMERY ON OUTWARD SUPPLY ON REVERSE CHARGE
Replies (8)
Quick Summary
Yes,it's correct what you actually wants to know....
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?
Dear Ajnas
Correct ..... but what is your query.
Correct ..... but what is your query.
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?
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 )
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 )
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?
In my opinion Taxable value plus GST.
dear sir
i want to know that my claint trade of animal cattle feed &khal that we have liabilites of rcm on fright on inward supply please solve my problam .
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