GSTR 1- HSN summary will be auto populated from e-Invoices!

On 09th April 2024, the GSTN issued an advisory on auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1. This applies to taxpayers who prepare their invoices on the e-Invoicing portal.

Let’s understand this advisory in detail!

Advisory dated 09th April 2024

Dear Taxpayers,

1. GSTN is pleased to inform you that a new feature to auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1 is now available on the GST portal. This allows for direct auto-drafting of HSN data into Table 12 based on e-invoice data.
2. Please note that the HSN-wise summary data auto-populated into Table 12 is intended for your convenience. Please ensure that you reconcile the data with your records before its final submission.
3. Any discrepancies or errors should be manually corrected or added in Table 12 before final submission.

Thanking you,
Team GSTN

Keynotes on the Advisory

• HSN wise summary table in GSTR 1 will be auto-populated based on data available on the e-invoice portal.
• This facility is available only for those taxpayers who do the e-invoicing. Other taxpayers have to enter this data manually.
• The taxpayer is expected to reconcile the data imported from the e-Invoice portal and correct the discrepancies if any.

How to import e-Invoice data in HSN-wise summary in GSTR 1?

• Go to www.gst.gov.in
• Login using valid credentials
• Go to Services>>Returns>>Returns Dashboard:
• Select the period and click SEARCH
• In GSTR 1, click PREPARE ONLINE
• Go to table no. 12- HSN-wise summary of outward supplies.
• Click IMPORT HSN DATA FROM E-INVOICES
• Click OVERRIDE
• The data will be imported from the e-Invoices.

Conclusion :

Automated generation of a summary categorized by HSN will empower taxpayers to streamline the preparation of GSTR 1 with reduced manual effort while ensuring seamless data integrity between GST returns and the e-invoice portal.