Bharat TAX Consultancy

28/05/2026

Bill to Ship to Model

17/11/2022

Implementation of mandatory mentioning of HSN codes in GSTR-1
22/10/2022

As per Notification No. 78/2020 – Central Tax dated 15th October, 2020, it is mandatory for the taxpayers to report minimum 4 digit or 6 digit of HSN Code in table-12 of GSTR-I on the basis of their Aggregate Annual Turnover (AATO) in the preceding Financial Year. To facilitate the taxpayers, these changes are being implemented in a phase-wise manner on GST Portal.

Part I & Part II of Phase 1 has already been implemented from 01st April 2022 & 01st August 2022 respectively and is currently live on GST Portal. From 01st November, 2022, Phase-2 would be implemented on GST Portal and the taxpayers with up to Rs 5 crore turnover would be required to report 4-digit HSN codes in their GSTR-1. To view the detailed advisory please click here.
Implementation of mandatory mentioning of HSN codes in GSTR-1
1. Vide Notification No. 78/2020 – Central Tax dated 15th October, 2020, it is mandatory for the
taxpayers to report minimum 4 digit or 6 digit of HSN Code in table-12 of GSTR-I on the basis of
their Aggregate Annual Turnover (AATO) in the preceding Financial Year. To view the detailed
notification please click here.
2. To facilitate the taxpayers, these changes are being implemented in a phase-wise manner on GST
Portal as below:
3. Part I & Part II of Phase 1 has already been implemented from 01st April 2022 & 01st August 2022
respectively and is currently live on GST Portal. From 01st November, 2022, Phase-2 would be
implemented on GST Portal and the taxpayers would need to report HSN in table 12 of GSTR-1
as per below mentioned scheme.
Taxpayers with AATO of up-to 5 cr Taxpayers with AATO of more
than 5 cr.
• Taxpayers would be required to mandatorily
report 4-digit HSN code.
• Manual user entry would be allowed for
entering HSN or description and in case of a
wrong HSN reported a warning or alert
message will be shown. However, taxpayers
will still be able to file GSTR-1
To continue as it is.
4. The taxpayers are advised to correct the HSN details where there is an error and a warning message
is shown. However, it is not a mandatory validation for filing GSTR-1.
5. Further phases would be implemented on GST Portal shortly and respective dates of
implementation and nature of change would be updated from time to time

20/05/2021

Due date extended

31/03/2021

Extends the last date for linking of aadhar number with PAN

01/03/2021

INCOME TAX SLAB FY 2020.21 ( AY 2021-22) FOR INDIVIDUALS

01/03/2021

05/01/2021

Important Due Dates in January 2021

30/12/2020

*The Due dates of Filing has been extended as follows:*

Income Tax Returns Last Date for Tax Audit Assessees – 15th February, 2021
Income Tax Returns Last Date for Non Tax Audit Assessees – 10th January, 2021
Tax Audit Report Last Date – 15th January, 2021
Vivad Se Viswas Last Date – 31st January, 2021

16/12/2020

_*Respected Members,*_

*Updates*

♦️ *Due date to file income tax returns for individuals (non-audit cases) for AY 2020-21 Is 31.12.2020.*

♦️ *CBDT Allow One time relaxation to update the UDIN before 31st December, 2020 of audit report/certificates to avoid invalidation.*

♦️ *GSTN enables auto-populated GSTR-3B (monthly) return on the basis of details filed in GSTR-1 and auto-drafted ITC statement GSTR-2B from November 2020 tax period onwards*

01/10/2020

CBDT further extends the due dates