Dealers and service providers with annual turnovers (in the above slabs) must provide their HSN sales summary in the GSTR-1 form. How to Find HSN Code Using HSN Code Finder It is important to enter the details of the HSN code for GST registration. This section will help you find out ...
Summary: Maharashtra: Final tax payable = NIL Gujarat: Final tax payable = INR 2,700 Central Government: Final tax payable = INR 2,700 Adjustment: Maharashtra’s INR 900 is adjusted and transferred to the Central Government. Gujarat receives INR 2,700 as the final payable amount. You will ...
Introduced advanced filters, show/hide columns, and Asset Value columns in the Inventory Aging Summary report. This feature is available for organizations with the Zoho Inventory addon. 17 February 2023 Tax Override Introduced a preference to let you edit and override the system-generated tax amoun...
Introduced advanced filters, show/hide columns, and Asset Value columns in the Inventory Aging Summary report. This feature is available for organizations with the Zoho Inventory addon. 16 February 2023 Decimal Values for Quantity in Volume Pricing Add up to 6 decimal places for quantity in Volum...
HSN wise summary details GST Return Filing Process Every year, all taxpayers, ranging from manufacturers and suppliers to retailers and consumers, are required to file GST returns. In the digital age, the government is also pushing for innovation and automation, and has begun offering e-filing or...
The HSN summary is empty and there are no records in B2CL(Supply to Large customer >INR 2,50,000) in GST offline tool format. Total transaction value in GSTR1/GSTR2 does not equal the invoice amount when a transaction price includes tax. Editing a request for quotation (RFQ) reply ...
GST tax amount is deducted twice from the sale of assets net amount when Price inclusive tax is enabled. When a vendor invoice is settled, the following error occurs, "Object reference not set to an instance of an object". HSN/SAC numbers are not populating from the purchase order to the...
This means that tax was calculated on the new HSN code percentage instead of on the transfer order before the change in the HSN code percentage, which caused revenue loss to the customer. Tax information fields weren't updated automatically when copied from the original free text invoice. The...
Table 12:HSN-wise summary of outward supplies. Table 13: Documents issued during the tax period. Know more onhow to file GSTR-1. Conclusion Broadly, details required to be captured in the GSTR-1 format are either invoice-wise, rate-wise, or state-wise details of outward supplies made du...
The system currently allows the Harmonized System of Nomenclature (HSN) code or Service Accounting Code (SAC) to be deleted from the master setup page, even if posted and opened transactions exist. When foreign vendor payments are posted, the withholding tax on non-residence is applied. If t...