GSTR-1/1A Table 12 Bifurcated: B2B and B2C HSN Data to Be Reported Separately from May 2025

GSTR-1/1A Table 12 bifurcation: From May 2025, businesses must report B2B and B2C HSN data separately, enhancing GST transparency and compliance tracking. The Goods and Services Tax Network (GSTN) has introduced a significant update, mandating separate HSN (Harmonized System of Nomenclature) wise reporting for Business-to-Business (B2B) and Business-to-Consumer (B2C) outward supplies in Table 12 of GSTR-1/1A. Effective from the May 2025 tax period (filing due in June 2025), this change aims to improve data accuracy, simplify tax compliance for businesses, and enable tax authorities to more effectively track and reconcile transactions, reducing discrepancies and audit issues.