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Former Member

Change HSN/SAC code in Miro_GST

Hi Experts,

I am little confuse regarding determination of HSN/SAC code in Miro.

Will it possible to change in Miro?

If yes then how taxes entry will happen. What happened to taxes entered in PO.

Thanks in advance

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3 Answers

  • Sep 23, 2017 at 06:24 PM

    Hi,

    The HSN code can be changed in MIRO - this is logical when you consider the GST reporting. The reporting is happening based on the HSN code and the re-concilliation in GST portal will happen only if the HSN code uploaded by vendor against the invoice is matching with the HSN code updated by the customer. If you maintain an HSN number in PO and vendor has given another HSN code in invoice, the re-conciliation will bever happen if its not updated in MIRO. Hope you got the concept.

    The tax will be re-calculated again in MIRO based on the changed HSN code and I dont think there will be a change in tax slab between the HSN code you selected in PO and the HSN code shared by vendor, in most of the cases.

    Regards,

    Prasoon

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    Former Member
    Sep 25, 2017 at 06:36 AM

    Thanks you Prasoon for quick answer.

    Actually user does not maintain any SAC code in PO and I am getting tax entry as below

    Debit 7527 - - tax code 1 in po

    Debit 918 - - - tax code 2 in PO

    Credit 8446--- tax from HSN CODE

    Is this correct entry.

    Kindly reply.

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    Former Member
    Sep 25, 2017 at 06:37 AM

    PO has 2 line item. HSN code in Miro entering same.

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