GSTN Update | HSN Table – Phase 3 Begins from May GSTR-1 – All you need to know!!
Separate HSN reporting for B2B & B2C is now available and mandatory
No Manual HSN entry – dropdown only
Description as per HSN Code (New Field) Auto-Populated from HSN master-Un-editable
Description (already existing field) can be entered Manually
New Validation- B2B values will be validated against B2B HSN & B2C values against B2C HSN-System will issue a warning in case of Mismatch
If value is entered in any B2B Table , then B2B Tab of Table 12 cannot be left empty
Note: Since mentioning HSN in invoices for B2C supplies is not mandatory for taxpayers with ATTO up to ₹5 Cr, reporting same in the HSN table is also not mandatory.
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