Hsn code is mandatory in gstr 1
Web30 aug. 2024 · From 1st April 2024, businesses must mandatorily report HSN codes of specified digits while raising GST invoices and filing GSTR-1. CBIC issued the Central Tax notification number 78/2024 on 15th October 2024, outlining the mandate. Large taxpayers must report six digits of the HSN code if their annual turnover is more than Rs.5 crore. Web21 jul. 2024 · Share 1. Vide Notification No. 78/2024 - Central Tax dated 15th October, 2024, it is mandatory for the taxpayers to report minimum 4 digits or 6 digits of HSN …
Hsn code is mandatory in gstr 1
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Web11 aug. 2024 · The part-II of the first phase of mandatory HSN code implementation on the GST portal has gone live since 1st August 2024. Under this part, all taxpayers with a … WebHSN number is not required as entities turnover is below 1.5 cr, Also you do not need to file column no 12 in GSTR 1. Yes, you can mention training programmes HSN code for all services. There is no problem at all. Karishma Chhajer CA, Jodhpur 2451 Answers 29 Consultations 5.0 on 5.0 Talk to Karishma Chhajer Hi,
Web27 okt. 2024 · Implementation of mandatory mentioning of HSN codes in GSTR-1 1. Vide Notification No. 78/2024 – Central Tax dated 15th October, 2024, it is mandatory for the taxpayers to report minimum 4 digit or 6 digit of HSN Code in table-12 of GSTR-I on the basis of their Aggregate Annual Turnover (AATO) in the preceding Financial Year. 2. Web16 nov. 2024 · Aggregate Turnover is : 1.5 croresHSN /SAC is not mandatory for the taxable persons whose turnover is less than Rs 1.5 crore; For exports 8-digit HSN is mandatory; Aggregate Turnover is 1.5 to 5 crores: 2-digit HSN /SAC code is mandatory; For exports 8-digit HSN /SAC is mandatory; Aggregate Turnover is > 5 crores: 4-digit …
Web9 apr. 2024 · Is it mandatory to provide HSN codes for a turnover that is below 1.5 Crore INR turnover? Ans. No, it is not compulsory for the taxpayer to provide the HSN Code if his turnover does not exceed 1.5 Crore INR. Q30. WebGSTR 1 HSN Code Compulsory Return Filing How to Fill HSN Code in GSTR 1 GSTR 1 HSN Wise Summary - YouTube 0:00 / 5:18 GSTR 1 HSN Code Compulsory Return …
Web20 jul. 2024 · Phase 1: Part I: Taxpayers are required to mandatorily report 2-digit HSN codes for goods & services. Manual user entry is allowed for entering HSN or …
Web27 aug. 2024 · Filing of GSTR-1 is to be done using the following steps: i. Log-on to GST portal and click on Return dashboard. ii. On the return dashboard select Financial Year, … renova graphicsWeb2 mrt. 2024 · GST Rates 2024 for Items and Services list of products under 0%, 5%, 12%, 18% & 28%. Check recently revised GST Rates slabs in 2024 & bracket. renova group sulzerWeb19 mrt. 2024 · Mar 09, 2024 Mandatory reporting of 6 digit HSN codes as per Notification No. 78/2024–Central Tax dated 15/10/2024; Mar 04, 2024 Advisory : GSTN launches e-invoice registration services with private IRPs; Mar 01, 2024 Rs.1,49,577crore gross GST revenue collected in February 2024; 12% higher than GST revenues in same month last … renova ijaciWeb13 apr. 2024 · Here is the step by step process on how to change name on Aadhar card online renova gumeWeb8 apr. 2024 · The following are the details that need to be filled in GSTR-1: Details of all outward supplies made to registered persons that are called business to business supply … renova i4WebGST is levied on all products and services, including labor-related services. More information regarding GST and HSN Key for Labour Charge renova ilaçWebAn electronic invoice that has been digitally signed, a unique Invoice Reference Number (IRN), and a QR code are all produced by the IRP and sent to the user. 4th July 2024 According to a government official, in order to lower the barrier from the existing Rs 20 crore, the government intends to make GST e-invoicing mandatory for businesses with ... renova group russia