GSTN has issued advisory on issues being faced by taxpayers in disclosure of HSN i.e. Harmonized System of Nomenclature while filing GSTR-1 Return viz Statement of outward supplies.
For ready reference of our readers the advisory is given as under:
In accordance with Notification No. 78/2020 – Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1st April, 2021 on the below mentioned lines.
| S.No | Aggregate Turnover in the preceding Financial Year | Number of Digits of HSN Code to be reported in GSTR-1 |
|---|---|---|
| 1 | Upto Rs. 5 crores | 4 |
| 2 | Above Rs. 5 crores | 6 |
2. It has been reported by few taxpayers that HSN used by them for reporting in GSTR-1 is not available in the table 12 HSN drop-down. They have further stated that they are facing issues in adding the required HSN details in table -12 and filing of statement of outward supplies in form GSTR-1 of July 2021. Further, in some JSON files, the HSN field is coming as blank from the offline tool, along with other errors as mentioned below:-
a. Processed with Error, In Progress or Recieved but pending
b. Duplicate Invoice Number found in payload please correct
Detailed Advisory on the action to be taken by the taxpayers to resolve above issues (Read / Download)
***
Follow us for free tax updates : facebook Twitter
Subscribe to our portal and get FREE Tax e-books, quality articles and updates on your e-mail.
Resolve your GST queries from national level experts on GST free of cost.
TW Editorial Team comprises of team of experienced Chartered Accountants and Advocates devoted to spread the knowledge of GST amongst the various stakeholders.
