Hello Sir/ Mam
We run Provision stores and our Major sales are B2C and some are B2B.
Our yearly turnover is less than 5 Crore.
Do we have to mention HSN code in Table 12 of GSTR1, as the Items too many..( more than 1000 different items with different HSN code)
please help me..
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Table 12 in GSTR1
Replies (3)
Please refer Notification 78/2020 central tax dated 15 /10/2020 , as per this notification , to mention HSN mandatory in Invoice , but not clear from notification that also to mention in GSTR1 , so you please confirm with Department of GST , jurisdiction near by you .
Further I would like to add that , as per notification above , if your turnover less than 5 crore in the previous financial year then For B2C transactions HSN Code may not necessary in Invoice but not clear that also in GSTR1 , so as I mentioned above please confirm with Department .
HSN code is mandatory only in case of b2b transactions.
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