Unique Quantity Code in GST | UQC Code in GST | Bizfoc

Overview 

The Unique Quantity Code or UQC Code is the specialized code under GST which ensures that whatever the quantity you’re offering to the customers should be mentioned in any invoice receipts against the item. This code ensures uniformity for the standard unit of measurement that must be followed by any taxpayers who files the tax under GST. Since there are various quantities which are used by the business unit to regulate their business against the bill or transactions for any goods and services. According to Section 31 of GST Act, GST invoices must be enclosed with the UQC code against the quantity..In this article, we will provide you complete insights on the list of standard UQC code which is used to define the quantity of goods or services under the GST regime. 

What is a Unique Quantity Code?

The UQC or Unique Quantity Code is the 6-digit numeric code which is used to standardize goods and services under the regime of Goods & Service Tax (GST). The UQC code helps to facilitate and regulate tax administration, reporting quantities of taxpayers and helps to ease the data analysis. 

Which Sections of the GST Return Bill Shows the UQC?

UQC means to mention the quantity of each goods or service supplied in GST returns that is used to weigh according to the GST return bill:

• Invoice Details: 

The UQC is mentioned against each item in the invoice details of any goods and services. 

• HSN/SAC Code Mapping:

As not important but mapping HSN/SAC codes (Harmonized System Nomenclature/Services Accounting Codes) with their respective UQCs can further improve data accuracy.

• E-Bill Generation:

UQCs used in e-bill generation for any transit of goods, ensuring consistency between invoices and e-way bills. 

What is UQC as per GST?

According to the GST, Unique Identifier Code or UQC is the three character codes used to get the correct interpretation of the quantity being provided in goods and services. This code helps in removing confusion regarding quantity being used mentioned in the invoice details and other GST-related documents. 

List of UQC under GST

Here’s the list of UQC Code mentioned under GST for the quantity measured:

Some Common Confusion for UQC Code 

Since, there are so many concepts covered under GST alone, some taxpayers often get confused by UQC Code under the GST regime. For example, business organisations maintain several differences for a single measurement unit. Litres can be written and used in various forms such as L, Ltr, Litres, Litre, etc. and it might be accepted under other circumstances but exceptionally under the GST regime.

Use of other types of unit variations may cause an error. On furnishing any invoice details for goods and purchases, you must follow the Government’s offline tool-GSTR-1. This tool helps to know about the quantity details furnished using the UQC list of the GST portal. No other data which is kept and maintained by the organization is applicable or appropriate to use as a quantity under GST. 

Conclusion 

Unique Quantity Code or UQC is the code that helps to measure quantity under the standard portal of GST. This code ensures and maintains standard units of measurement that must be followed by any taxpayers who files the tax under GST. There are still many organisations who maintain their own records for quantifying the items with their own assuming units. However it is important to use the single quantity administration which is directed under the GST portal. 

Frequently Asked Questions 

1) How can one report the UQC under the GST portal?

You can easily report the UQC code by mentioning the quantity corresponding to items. If you are a wholesaler and sell clothes sets on wholesale, you will provide the invoice bill against the purchaser by mentioning ‘100 PCS’. on filing the GST returns, make sure that the goods are mentioned in the correct quantities by using appropriate UQCs.

2) How can one get the correct determination of UQC code?

For determining the correct UQC, you should follow the GST portal which mentions updated UQC code as per the government formulation. For example, Square Yards (SQY), Grams (GMS), Bundles (BDL), etc. are used in quantifying the material. 

3) What are the common challenges for UQC?

Some organizations still use their own data to simplify the measurement unit. This may be due to lack of awareness, training sessions or outdated systems. To overcome the challenges, businesses can participate in training sessions, update their systems to incorporate UQCs, and provide feedback to GST authorities. 

4) What is invalid UQC Code in GST?

The UQC code in GST is invalid due to mentioning inappropriate units and not using the standard UQC code. GST return filing is the main motive behind mentioning the UQC code. But still organizations don’t even follow the suitable unit. The taxpayers must follow the UQC code for the respective code as specified by the GST portal.