GST Update May 2025 | The Goods and Services Tax Network (GSTN) has announced significant changes to the GSTR-1 and GSTR-1A forms, effective from the May 2025 return period. These updates pertain to the mandatory reporting of HSN codes in Table 12 and the inclusion of document details in Table 13. These measures aim to enhance data accuracy, standardization, and compliance in GST filings.
📌 Key Changes Overview
1. Table 12 – HSN Code Reporting
- Mandatory HSN Code Entry: Taxpayers must report HSN codes based on their Aggregate Annual Turnover (AATO):
- AATO up to ₹5 crore: Minimum 4-digit HSN codes.
- AATO above ₹5 crore: Minimum 6-digit HSN codes.
- Dropdown Selection: Manual entry of HSN codes is no longer permitted. Taxpayers must select the appropriate HSN code from a predefined dropdown menu, ensuring consistency and reducing errors.
- Bifurcation of Supplies: Table 12 has been divided into separate sections for B2B and B2C supplies, requiring HSN-wise reporting for each category.
2. Table 13 – Document Summary
- Mandatory Reporting: From May 2025 onwards, all taxpayers are required to complete Table 13, detailing the summary of documents issued during the tax period.
- Document Types: The table includes information on invoices, credit notes, debit notes, and revised invoices.
📋 Comparison: Previous vs. Current Requirements
| Aspect | Until April 2025 | From May 2025 Onwards |
|---|---|---|
| HSN Code Entry | Manual entry allowed | Dropdown selection mandatory |
| Minimum HSN Digits | 4 or 6 digits based on AATO | Same, but stricter enforcement |
| Table 12 Structure | Combined B2B and B2C supplies | Separate sections for B2B and B2C supplies |
| Table 13 Reporting | Optional | Mandatory |
❓ Frequently Asked Questions (FAQs)
Q1: What is the purpose of these changes?
A1: The updates aim to standardize data reporting, minimize errors, and enhance the accuracy of GST returns, facilitating better compliance and data analysis.
Q2: How can I find the correct HSN code for my products?
A2: The GST portal provides a searchable dropdown list of HSN codes. Taxpayers should select the appropriate code corresponding to their products or services.
Q3: What happens if I fail to comply with these new requirements?
A3: Non-compliance may lead to validation errors during return filing, potential penalties, and increased scrutiny from tax authorities.
Q4: Are there any tools to assist with these updates?
A4: Yes, several GST compliance software solutions are available to help taxpayers adapt to these changes.
For personalized assistance or further information on adapting to these changes, feel free to contact:
Manjeet Singh
Freelance Loan & Finance Consultant
📧 Email: [email protected]
📞 Mobile: +91-9811993953 | +91-8700237256
Stay informed and ensure compliance with the latest GST regulations to avoid any disruptions in your business operations.
