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Whether HSN details for inwards and outwards need to show mandatorily ??

Sivaramaraju G (Learner) (2398 Points)

23 August 2019

Turnover is above 2cr, whether both inward and outward supplies with HSN classification need to show in GSTR 9??

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Vinu Kaliyar (Student) (44 Points)
Replied 23 August 2019

HSN wise details of input tax credits availed is required to be disclosed.

Annual Turnover of Taxpayer	HSN
Upto Rs 1.50 Cr.	Optional
Rs 1.50 Cr upto Rs 5.00 Cr	Mention two digits
Above Rs 5.00 Cr	Mention four digits
Dealers of imports or exports	8 digit HSN codes required

PRASANT BISOYI (249 Points)
Replied 23 August 2019

In GSTR 9 its compulsory for HSN for turnover above 1.5 crores and for inward 10% of HSN from highest purchased vendors.

SOWJANYA M (840 Points)
Replied 04 December 2019

@ ramaraju
sir, as per new notification disclosing HSN summary both inward and outward been updated as OPTIONAL.
ITS NOT MUST TO REVEAL HSN SUMMARY IN GSTR9

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