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Question ID : 41094

Reporting in GSTR1 Return

Query 1 : Tax Free Sales to Registered party ( B2B) : Whether it should be reported as B2B under Table 4 (Or ) NIL Rated or Exempt sales under Table 8 Query 2 : Supplies to SEZ with payment of Taxes Whether it should be reported as B2B under Table 4 (Or ) Export under Table 6

Posted by samirkumar gokulbhai kasvala on Jul 13, 2021

Filed Under GST

Answer ID : 81184

Query 1 : If the Product sold falls in the Exemption notification, then the disclosure of the said turnover would be more appropriate in Exempt Tab. Query 2: The disclosure requirements for Supplies to SEZ has been specifically been provided in B2B Tab (SEZWP). Hence disclosure of the same in B2B tab is more appropriate.

Posted by MAHESH JHAWAR on Jul 13, 2021
Answer ID : 81191

Answer Query-1: if the item is exempt from GST then it should be shown as exempt. If it is NIL rated then it should be shown as NIL rated. 2. If it a supply to the SEZ with tax then it is not an export. It should be shown as B2B.

Posted by CA. JHA SHANKAR KUMAR on Jul 16, 2021