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GSTR-1 is a monthly or quarterly return to be filed by regular dealers. The return is divided into 13 sections. It might look complex but ClearTax GST Software makes the entire process of filing GSTR-1 seamless and easy.
Latest Updates on GSTR-1
21st December 2021
(1) From 1st January 2022, taxpayers cannot file GSTR-1 if the previous period’s GSTR-3B was not filed.
(2) From 1st January 2022, the GST officers can initiate recovery proceedings without any show-cause notice against taxpayers who under-report sales in GSTR-3B compared to GSTR-1.
29th August 2021
Company taxpayers can continue filing GSTR-1 and GSTR-3B using EVC or DSC up to 31st October 2021 via the CGST notification number 32/2021 dated 29th August 2021.
26th August 2021
From 1st September 2021, taxpayers will not be able to file GSTR-1 or use the IFF for August 2021 on the GST portal if they have pending GSTR-3B filings. It applies if GSTR-3B is pending for the past two months till July 2021 (monthly filer) or for the last quarter ending 30th June 2021 (quarterly filer) as per CGST Rule 59(6).
28th May 2021
The GST Council recommended in its 43rd meeting the following:
(1) The monthly filing of GSTR-1 for May 2021 will be extended from 11th June 2021 to 26th June 2021.
(2) Filing of B2B sales invoices in IFF by QRMP taxpayers for May 2021 is extended from 13th June 2021 to 28th June 2021.
(3) Companies that are GST taxpayers have been given permission to authenticate returns using EVC instead of digital signature up to 31st August 2021.
(4) Late fee has been rationalised for future tax periods as follows:
(i) If the annual turnover in the previous financial year is up to Rs.1.5 crore then the late fee of a maximum of Rs.2,000 per return can only be charged (i.e Rs.1000 each for CGST and SGST).
(ii) If the turnover ranges between Rs.1.5 crore and Rs.5 crore then the maximum late fee of Rs.5,000 per return can only be charged (i.e Rs. 2500 each for CGST and SGST).
(iii) If the turnover is more than Rs.5 crore then a late fee of a maximum of Rs.10,000 (i.e Rs. 5000 per CGST and SGST) can be charged.
1st May 2021
(1) The due date to file GSTR-1 for April 2021 is extended from 11th May 2021 to 26th May 2021.
(2) The time limit to furnish B2B supplies on the IFF (optional facility), for April 2021 has been extended from 13th May to 28th May 2021.
9th January 2021
If a taxpayer with an annual aggregate turnover of Rs.5 crore does not opt into the QRMP scheme, he will be considered as a monthly filer of GSTR-1 and GSTR-3B from the January 2021 tax period onwards. Hence the due date for GSTR-1 shall be the 11th of next month and GSTR-3B shall be the 20th of next month.
1.Provide GSTIN (provisional id can also be used as GSTIN if you do not have a GSTIN)
2. Legal name of the registered person: Name of the taxpayer will be auto-populated at the time of logging into the common GST Portal.
3. Aggregate Turnover in the preceding Financial Year and for the period between April to June 2017.
Aggregate Turnover is the total value of all taxable supplies made (excluding the value of inward supplies on which tax is payable by a person on a reverse charge basis), exempt supplies, exports of goods or services or both.
4. Taxable outward supplies made to registered persons (including UIN-holders).
All B2B supplies should be mentioned in this section.
4A. Under this head invoice wise details of all supplies made other than those under reverse charge and supplies made through e-commerce operators should be mentioned in this section.
4B. All outward supplies on which reverse charge is applicable and which has been excluded in 4A should be shown here 4C. Supplies made through e-commerce operators which attract TCS have to be reported here. The details have to be: rate-wise or operation-wise.
5. Taxable outward inter-State supplies to unregistered persons where the invoice value is more than Rs 2.5 lakh. Invoice-wise details of all supplies made to unregistered dealers is to be mentioned here.
5A. This will include B2B invoices i.e. sale to unregistered dealers and
5B. The details of B2C supplies made online through e-commerce operator
6. Zero-rated supplies and deemed exports:All types of zero-rated supplies, exports, deemed exports (supply to SEZ, EOUs) have to be mentioned under this head. A registered dealer has to give details of invoice, bill of export or shipping bill.
7. This section contains a rate wise summary of all sales made during the month.7A. All sales including sales made through e-commerce operators have to be mentioned here. Also, separate mention of supplies made through e-commerce operators should be declared here
7B. B2C interstate supply along with place of supply i.e. name of state where invoice value is up to Rs 2.5 lakhs should be specified here
8. Nil-rated, exempt and non-GST outward supplies:
All the other supplies whether nil rated, exempt or non-GST which have not been reported under any of the above needs to be reported under this head. This needs to be further bifurcated into Inter-State, Intra-State to registered and unregistered persons.
9. Amendments to taxable outward supply details furnished in returns for earlier tax periods in table 4, 5 and 6 (including current and amended debit notes, credit notes, and refund vouchers):
Any correction to data submitted in GSTR 1 of previous months can be done by filling in this section. The type of amendments covered here are with respect to B2B, B2C Large and exports.
All debit notes, credit notes and refund vouchers should also be entered here. Following details cannot be amended here:
All the above details with respect to Credit Debit Notes are based on the original Invoice which it is linked to, Hence these details must match with the details of the linked invoice.
Declare the amended invoices or details in the tax period in which the amendment takes place as follows:
|Sl. no.||Type of Amendment||Explanation|
|1||B2B Amendments (9A)||Amendments made in the invoices already issued earlier must be reported here. These are the invoices for taxable supplies made to registered taxpayers including supplies made to SEZ/ SEZ Developers with or without payment of taxes and deemed exports.|
|2||B2C Large Amendments (9A)||Amendments in the original invoices already issued must be mentioned here These reflect original invoices issued for taxable outward supplies made to unregistered taxpayers where 1. Supply is made interstate and 2. Total invoice value is more than Rs 2,50,000/-|
|3||Credit/Debit Notes (Registered) Amendments (9C)||Credit or debit note amended against already issued Credit or debit note reported under B2B (i.e where supply is made to a registered taxpayer), will be reported here.|
|4||Credit Debit Note (Unregistered) Amendments (9C)||Amended Credit or debit note issued against original Credit or debit note reported under B2C Large and Export Invoices section, will be reported here.|
|5||Export Invoices Amendments (9A)||Amended invoices issued against already issued original invoices must be reported here. Export invoices include1. Export under bond/LUT-If you are exporting under bond or letter of undertaking and not paying IGST. 2. Export with IGST-If you are exporting without furnishing bond/letter of supply and paying IGST on such supply (It excludes deemed exports & supply to SEZ)|
10. Amendments to taxable outward supplies to unregistered persons furnished on returns for earlier tax periods:
Following details cannot be amended here
Note: However, you can replace the existing place of supply with another place of supply with some limitations Declare the amended invoices or details in the tax period in which the amendment takes place as follows:
|Sl. no.||Type of Amendment||Explanation|
|1||B2C Others Amendments (10)||Amendments made to the invoices already issued earlier must be reported here. These are all those invoices not covered under 1. B2B 2. B2C large 3. Exports|
11. Consolidated Statement of Advances Received or adjusted in the current tax period, plus amendments from earlier tax periods.
12. HSN-wise summary of outward supplies:
This section requires a registered dealer to provide HSN wise summary of goods sold.
13. Documents issued during the tax period: This head will include details of all invoices issued in a tax period, any kind of revised invoice, debit notes, credit notes, etc.