Reetu | Jun 2, 2022 |

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 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.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button

Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"

Tags: FORM GSTR-1, GST, gst tax rate, GSTN, News, Studycafe

Author Bio

Name: Reetu

Designation: Content Manager

Company: Studycafe

Location: Delhi, India

Total Posts: 8106

Reetu is a Content Writer with 3+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM(Honrs.) Graduate.

My Recent Articles

NFRA Penalises Partners of Audit Firm M/s Haribhakti and Co. LLP for Audit Lapses NFRA imposes Fine of Rs.2 Crore on Deloitte Haskins for lapses in ZEEL Audit Revamped Income Tax Act expected to take more than a Year to implement Gift Vouchers won’t attract GST; Clarity on GST spurs industry optimism Beedi workers urge a reduction of GST on Beedi to 5% from 28%View All Posts