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Is HSN wise summary mandatory in GSTR 1?


Hardik Hindocha   21 October 2019

Hardik Hindocha

 115 likes  918 points

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Is it mandatory to disclose HSN wise summary in GSTR 1 for registered persons having turnover upto 1.5 cr ?

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Deepak Gupta (CA Student)     21 October 2019

Deepak Gupta
CA Student 
 2330 likes  15188 points

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NO.

Minimum digit required to be mentioned in the tax invoice and consequently to be reported is as follows:

1. Up to 1.5 crore annual turnover - Nil digit 

2. More than 1.5 crore and up to 5 crores annual turnover - 2 digit  

3. More than 5 crores annual turnover - 4 digit

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Satya ND (Finance Professional)     21 October 2019

Satya ND
Finance Professional 
 31 likes  470 points

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Not mandatory for whose Turnover is below 1.5 CR, mandatory for turnover exceeding Rs.1.5 CR

JACK B (Sr.executive)     21 October 2019

JACK B
Sr.executive 
 46 points

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turnover not exceeding 1.5 cr then can i skip hsn summary wise box in gstr 1>

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Satya ND (Finance Professional)     22 October 2019

Satya ND
Finance Professional 
 31 likes  470 points

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dear Mr.Jack b,  Then, no problem.

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Prince Grover   09 April 2020

Prince Grover

 6 likes  444 points

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No, it is not mandatory for a person for a person having turnover less than 1.5 crore.


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