- Show turnover of August 2017 in column 10.
- HSN summary details is not mandatory if the turnover is below Rs. 1.50 cr.
Aug 2017 T.O. not showed in that month, showed in Sep 2018, now where to show in GSTR 9 return
B2B transaction (entire month of August 2017 invoices ) not shown in September 2017 GSTR 1 quarterly return,However we have paid tax properly and showed the turnover in GSTR 3B monthly return and filed regularly in September 2017. subsequently realised and as per the experts advice August 2017 invoices clubbed and showed in September 2018 GSTR 1 ,quarterly return and filed. How and where to show the August 2017 turnover In GSTR 9 Annual return, Please advice.
Asked 5 years ago in GST
below Rs.1.50 crore turnover dealers, is it mandatory to mention HS code on outward and inward supplies in GSTR 9 Annual return.
Asked 5 years ago
That turnover needs to be shown at point number 10.
With regards to HSN wise summary I would say:
The amended GSTR-9 was notified vide notification 74/2018-Central Tax dated 31 December 2018. Instructions for filling up Tables 17 and 18 of the amended form read as below: Summary of supplies effected and received against a particular HSN code to be reported only in this table. It will be optional for taxpayers having annual turnover upto Rs. 1.50 Cr. It will be mandatory to report HSN code at two digits level for taxpayers having annual turnover in the preceding year above Rs. 1.50 Cr but upto Rs.5.00 Cr and at four digits‘ level for taxpayers having annual turnover above Rs. 5.00 Cr. UQC details to be furnished only for supply of goods. Quantity is to be reported net of returns. Table 12 of FORM GSTR1 may be used for filling up details in Table 17. It may be noted that this summary details are required to be declared only for those inward supplies which in value independently account for 10 % or more of the total value of inward supplies
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Thank you
Hi,
Hope you are doing well !!
You need to show the turnover details in column 10.
HSN wise summary is optional for taxpayers having annual turnover upto Rs. 1.50 Cr.
Hello,
You need to mention those B2B transactions of Aug 2017. in Column 10 of Part V of the Annual Return.
I hope this answer satisfies your requirement.
Regards,
CA Hunny Badlani
It is optional for taxpayers having an annual turnover up to Rs. 1.5 Cr. to mention HSN wise summary of supplies.
Hello Sir,
It is not mandatory to mention HSN code for turnover below Rs. 1.5 Cr.
It is optional.
Hi
No its not mandatory to mention HSN code wise summary.
Hope it helps
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