The Goods and Services Tax Network (GSTN) has recently introduced a significant enhancement aimed at simplifying the tax reporting process for businesses. With the new feature, the HSN-wise summary from e-Invoices can now be automatically populated into Table 12 of the GSTR-1 form. GSTN Advisory is as follows:-
Advisory: Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1
09/04/2024
Dear Taxpayers,
1. GSTN is pleased to inform that a new feature to auto-populates the HSN-wise summary from e-Invoices into Table 12 of GSTR-1 is now available on the GST portal. This allows for direct auto-drafting of HSN data into Table 12 based on e-Invoice data.
2. Please note that the HSN-wise summary data auto-populated into Table 12 is intended for your convenience. Please ensure that you reconcile the data with your records before its final submission.
3. Any discrepancies or errors should be manually corrected or added in Table 12 before final submission.
Thanking you,
Team GSTN
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