Upcoming changes in Table-12 format of GSTR-1 Return

1. Changes in format of GSTR-1 Return

2. Changes in number of digit of HSN Code to be reported.

Upcoming changes in Table-12 format of GSTR-1 Return

Changes in format of GSTR-1 Return

Changes in number of digit of HSN Code to be reported.

From 1st April 2021 onwards, it is mandatory to report minimum 4 digit or 6 digit of HSN Code in Table-12 of GSTR-1 on the basis of Aggregate Turnover on PAN* in the preceding Financial Year, as mentioned below :

Upto Rs. 5 crore More than Rs. 5 crore
Minimum 4 digit# reporting of HSN Code Minimum 6 digit## reporting of HSN Code
Mandatory reporting of all B2B supplies & exports (includes supplies made to SEZ units & developers and Deemed Exports) Mandatory reporting of all supplies, including exports (includes supplies made to SEZ units & developers and Deemed Exports)
Optional reporting### of HSN Code for all B2C supplies

*Refer Notification No. 78 and 79/2020- Central Tax both dated 15th October. 2020

#Optional reporting at 6 or 8 digits permitted

##Optional reporting at 8 digits permitted

###Minimum 4 digit of HSN Code to be reported in case of optional reporting in such cases

For more details, visit the News & Update Section at gst.gov.in

More Under Goods and Services Tax

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