{"id":7878,"date":"2022-07-21T03:05:22","date_gmt":"2022-07-21T02:05:22","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=7878"},"modified":"2022-07-21T03:11:33","modified_gmt":"2022-07-21T02:11:33","slug":"implementation-of-mandatory-mentioning-of-hsn-codes-in-gstr-1","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/implementation-of-mandatory-mentioning-of-hsn-codes-in-gstr-1\/","title":{"rendered":"Implementation of mandatory mentioning of HSN codes in GSTR-1"},"content":{"rendered":"

The Goods and Services Tax Network (“GSTN”<\/strong>) has issued an Advisory dated July 20, 2022<\/em><\/strong> <\/em>regarding the implementation of mandatory mentioning of HSN codes in GSTR-1.<\/p>\n

Please refer to Notification No. 78\/2020 – Central Tax dated 15th October, 2020<\/a>, it is mandatory for the taxpayers to report minimum 4 digits or 6 digits of HSN Code in Table-12 of GSTR-1 on the basis of their Aggregate Annual Turnover (AATO) in the preceding Financial Year.
\n To facilitate the taxpayers, these changes are being implemented in a phase-wise manner on GST Portal. <\/p>\n\n\n\n\n\n
\n

Phases<\/strong><\/p>\n<\/td>\n

\n

Taxpayers with AATO of up-to 5 cr.<\/strong> <\/p>\n<\/td>\n

\n

Taxpayers with AATO of more than 5 cr.<\/strong> <\/p>\n<\/td>\n<\/tr>\n

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Phase 1<\/strong><\/p>\n<\/td>\n

\n

Part I<\/strong><\/p>\n<\/td>\n

\n

Taxpayers are required to mandatorily report 2-digit HSN codes for goods & services.<\/p>\n

Manual user entry is allowed for entering HSN or description and warning or alert messages hall be shown in case of manual HSN.<\/p>\n

However, taxpayers will be able to file GSTR-1 after manual entry.<\/p>\n<\/td>\n

\n

Taxpayers are required to mandatorily report 4-digit HSN codes for goods & services.<\/p>\n

Manual user entry is allowed for entering HSN or description and warning or alert message shall be shown in case of incorrect HSN code.<\/p>\n

However, taxpayers will be able to file GSTR-1 after manual entry.<\/p>\n<\/td>\n<\/tr>\n

\n

Part II<\/p>\n<\/td>\n

\n

Same as above<\/p>\n<\/td>\n

\n

Taxpayers will now have to mandatory report 6-digit HSN code.
\n No change in other conditions<\/p>\n<\/td>\n<\/tr>\n

\n

Phase 2 to Phase 4<\/strong><\/p>\n<\/td>\n

\n

 <\/p>\n<\/td>\n

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To be communicated in due course.<\/p>\n<\/td>\n

\n

 <\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Part 1 of Phase I has already been implemented from April 01, 2022 and is currently live on GST Portal. From August 01, 2022, Part-II of Phase-I would be implemented on GST Portal and the taxpayers would need to report HSN in table 12 of GSTR-1 as per below mentioned scheme.<\/p>\n\n\n\n
\n Taxpayers with AATO of up-to 5 cr. <\/strong> <\/td>\n\n

Taxpayers with AATO of more than 5 cr. <\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

To continue as it is.<\/p>\n<\/td>\n

\n