GSTN added New Tax Rate of 6% in GSTR-1 on GST Portal
GSTN added New Tax Rate of 6% in GSTR-1 on GST Portal The Goods and Services Tax Network (GSTN) adds the new 6% tax rate in the item details section …
Reetu
Jun 2, 2022GSTN added New Tax Rate of 6% in GSTR-1 on GST Portal
The Goods and Services Tax Network (GSTN) adds the new 6% tax rate in the item details section of all the tables of form GSTR-1 on the GST Portal, except HSN table 12.
- It may be noted that 6% tax rate has been added in the item details section of all the tables of form GSTR-1, except HSN table 12. In case your outward supplies attracts 6% tax rate, you are required to upload the details against 6% tax rate in the item details section.
- In respect to HSN table 12 of form GSTR-1, 6% tax rate shall be added shortly. Meanwhile, you may report the HSN details of supplies attracting 6% tax rate under tax rate 5% by updating the values/tax amounts as per the actual supplies made by you.
About Author
Reetu
Content Manager
Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
Studycafe
Delhi, Delhi, India
8072My Recent Articles
- Income Tax Guide for Indian Defence Personnel for Tax Filing, Taxable Allowances and Other Benefits
- Income Tax Return Breaking: ITR Forms released for AY 25-26
- Ex-DRT Officials Sentenced to 5 Years Rigorous Imprisonment by Madras High Court along with Rs.27 Lakh Fine
- GSTN issued Advisory on Case Sensitivity in IRN Generation
- RBI to issue Notes of Rs.10 and Rs.500 bearing Signature of Guv Malhotra
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts