Implementation of Mandatory HSN Code for GSTR1 & GSTR1A
Summary There is a significant changes to Table 12 of the GST Return (GSTR-1) that will take effect from January 2025. The changes primarily focus on the handling of HSN (Harmonized System of Nomenclature) level data, which now must be submitted separately for B2B (business-to-business) and B2C (business-to-consumer) transactions. This restructuring aims to improve the […]