Understanding GSTR-2 Part 12

In our previous blog ‘How to file GSTR-2 Part 11’, we discussed about filing GSTR-2 with addition and reduction in output tax amount due to mismatch and other reasons. In this blog, we will discuss about filing GSTR-2 HSN summary of inward supplies.
 

Filing GSTR-2 Table 13

In filing GSTR-2 Table 13, HSN wise summary of supplies effected during the month needs to be reported. It will be optional for businesses having an annual turnover up to Rs. 1.5 Crore. However, description of goods is mandatory.
For businesses, having an annual turnover in the preceding year above Rs. 1.5 Cr. but up to Rs. 5 Cr, it is mandatory to report HSN code at the two-digit level and at a four-digit level for businesses having an annual turnover above Rs. 5 Cr.
In column 4, UQC refers to unit quantity code and only the prescribed unit of measure (UoM) will be accepted by the portal. Therefore, irrespective of the UOM maintained by the taxpayer, the quantity details need to be furnished using the prescribed UQC listed below:

List of UQC

BAG-BAGS

CTN-CARTONS

MTS-METRIC TON

TGM-TEN GROSS

BAL-BALE

DOZ-DOZENS

NOS-NUMBERS

THD-THOUSANDS

BDL-BUNDLES

DRM-DRUMS

PAC-PACKS

TON-TONNES

BKL-BUCKLES

GGK-GREAT GROSS

PCS-PIECES

TUB-TUBES

BOU-BILLION OF UNITS

GMS-GRAMMES

PRS-PAIRS

UGS-US GALLONS

BOX-BOX

GRS-GROSS

QTL-QUINTAL

UNT-UNITS

BTL-BOTTLES

GYD-GROSS YARDS

ROL-ROLLS

YDS-YARDS

BUN-BUNCHES

KGS-KILOGRAMS

SET-SETS

OTH-OTHERS

CAN-CANS

KLR-KILOLITRE

SQF-SQUARE FEET

 

CBM-CUBIC METERS

KME-KILOMETRE

SQM-SQUARE METERS

 

CCM-CUBIC CENTIMETERS

MLT-MILILITRE

SQY-SQUARE YARDS

 

CMS-CENTIMETERS

MTR-METERS

TBS-TABLETS

 

In Columns 5, 6 and 7, mention the total quantity, total invoice value, and the total taxable value. In columns 8, 9, 10 and 11, mention the amount of tax under each of the tax heads as applicable. During the month, if there are any Debit Note/Credit Notes, please ensure to declare the net value after considering the Debit Note/Credit Note.
To provide details of HSN summary of inward supplies, From GSTR-2 return page, click table 13 – HSN summary of inward supplies as shown below:

From ’13 – HSN summary of inward supplies’ page, click ‘ADD DETAILS’ button to add the details.

On clicking ‘ADD DETAILS’, the details as shown below need to be entered:

• In the ‘HSN’ field, enter the HSN code as per applicable provision of reporting HSN code of the inward supplies. As discussed above, HSN Code is mandatory, if turnover in the preceding financial year is above Rs. 1.5 Cr.
• In the ‘Description’ field, enter the description of goods. As discussed above, for turnover up to Rs. 1.5 Cr in preceding financial year, HSN code is not mandatory. However, the description should be mandatorily entered.
• In the ‘UQC’ field, select UQC.
• In the ‘Total Quantity’ field, enter the quantity.
• In the ‘Total Value’ field, enter the total value of the inward supply.
• In the ‘Total Taxable Value’ field, enter the total taxable value of the inward supply.
• In the ‘Integrated Tax’ field, enter the integrated tax of the inward supply.
• In the ‘Central Tax’ field, enter the central tax of the inward supply.
• In the ‘State/UT Tax’ field, enter the State/UT tax of the inward supply.
• In the ‘Cess’ field, enter the cess of the inward supply.
• After adding the details, Click ‘ADD’ button.

On adding the details, you will be directed to the previous page as shown below. Here, you can edit/delete the added invoices (under Actions) and save the details.

On saving the details, a success message will be shown along with the saved details as shown below:

Once the details are added, click ‘BACK’ button to go back to the GSTR-2 landing page. The table 13 – HSN summary of inward supplies in GSTR-2 will reflect the number of HSNs added along with the total value, total taxable value and total tax amount as shown below:

Points to be noted for filing GSTR-2 Table 13

1. Either HSN or Description is mandatory. Based on the threshold applicability, you can choose to declare either HSN or description.
2. The quantity and the values need to be captured at Net Value. You need to consider the Debit Note/Credit Note value and accordingly, declare the Net Value.

Upcoming Blogs
Filing GSTR-2 Return: Submitting and Filing of GSTR-2 in the GST portal