![]() GST portal accepts only 1 variation of the quantity code MTR-METERS. For example, metre can be written as Mtr., m, metre, metres, meters. Confusion among some taxpayers on UQC Codesīusinesses maintain variations of the same code. UQC must be declared in the HSN summary section while filing GSTR-1, raising e-invoices and e-way bills. Where does UQC need to be declared during filing? For example, the UQC of 100 metres of fabric is MTR and written as 100 MTR. What is UQC under GST?Īs per CGST Rules, any tax invoice, credit note, debit note must have UQC or quantity unit description. In simple terms, it refers to a unit of measurement such as 1 kilogramme of wheat has to be mentioned in the invoice as 1 KGS, 1 litre of oil as 1000 MLT, etc. All about Reverse Charge Mechanism (RCM) under GST.Mixed Supply & Composite Supply under GST.Terms and phrases you must know under GST- Part I.Sections 206AB and 206CCA of Income Tax: Analysis, Applicability and FAQs.: Government Website for GST Portal Online.Types of GST applicable on E-Commerce Sales.Eway Bill – What is Eway Bill? E Way Bill System, Rules & Generation Process Explained.GST Rates in 2022 – List of Goods and Service Tax Rates, Slab & Revision. ![]() GST Return – What is GST Return? Who Should File, Due Dates & Types of GST Returns.GSTR 9C : Reconciliation Statement & Certification- Filing, Format & Rules.Budget 2023: Full List of Cheaper and Costlier Items.Budget 2023 Highlights: PDF Download, Key Takeaways, Important Points.Which Is Better: Old vs New Tax Regime For Salaried Employees?.
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