GST returns are an indispensable part of doing business in India, and GSTR-1 is the most crucial form for registered taxpayers. It includes all the details of all outward supplies (sales) made during a month or a quarter.
Through this blog, we are going to discuss GSTR-1, who should file it, and will guide you through the simple steps of filing GSTR-1 on the GST portal.
GSTR-1 is a monthly or quarterly return that contains a record of all outward supplies of services or goods provided by a registered taxpayer. It contains invoice-wise sales, debit-credit notes, exports, and advances received.
This form is filled out electronically in the GST portal. After making the submission, this information is provided to the recipients in the form of auto-populated forms such as GSTR-2A, GSTR-4A, and GSTR-6A.
Every registered taxable person who makes outward supplies must file GSTR-1, except:
Note: If there are no sales in a specific tax period, GSTR-1 must still be filed as a Nil return.
How often you should file GSTR-1 is determined by your turnover:
Due Date:
No, GSTR-1 cannot be revised once you have filed it.
In the event of correcting any mistakes or omissions, you are required to use the amendment parts of a subsequent tax period.
There are three modes to prepare and file GSTR-1:
GSTR-1 is divided into a total of 13 tables. Here’s what each section captures:
Tables 1–3: Basic Information
Includes GSTIN, legal/trade name, and your previous year’s turnover.
Table 4: B2B Supplies
Details of sales made to registered persons, invoice-wise.
Table 5: B2C Large
Inter-state sales of more than INR 2.5 lakh were made to unregistered persons.
Table 6: Zero-Rated & Deemed Exports
Includes exports, supplies to SEZs, and deemed exports, whether with or without payment of tax.
Table 7: B2C Small
Sales up to INR 2.5 lakh to unregistered buyers, including intra-state and inter-state.
Table 8: Nil/Exempt/Non-GST Supplies
Details of supplies with 0% tax, exempted goods, or non-GST items.
Tables 9 & 10: Amendments
Used to update information from previously filed returns.
Table 11: Advances
Details of advance payments received or adjusted.
Table 12: HSN-Wise Summary
A summary of goods/services based on their HSN/SAC codes.
Table 13: Documents Issued
Keeps track of invoices, credit/debit notes, and vouchers issued in the tax period.
Here is a step-by-step process of how you can fill out GSTR-1 in no time through the government GST portal:
Once you have decided to file online GSTR-1, you will get a list of certain tiles (boxes). Each tile appears as a table that you have to fill in as per the details of your outward supplies. Here’s an easy guide on how to enter the relevant details:
B2B Invoices
Table 4A, 4B, 6B, 6C –Provide invoice-level details for taxable outward supplies that have been made to registered persons, which include UIN holders.
B2C (Large) Invoices
Table 5A, 5B – Add invoices for taxable outward supplies to unregistered consumers where:
Place of supply is different from your registration state (i.e., interstate)
Invoice value:
Note: The Threshold for reporting these invoices was INR 2,50,000 up to July 2024. From August 1, 2024, the lower threshold applies. This new ₹1,00,000 threshold will continue for future periods until the government changes it again.
Export Invoices
Table 6A – Report invoices related to export of goods and services, including deemed exports.
B2C (Others)
GoGSTBill
Starting Price
₹ 1499.00 excl. GST
Table 7 – Add consolidated details of taxable outward supplies made to unregistered persons:
Nil-Rated, Exempt & Non-GST Supplies
Credit/Debit Notes
Advance Received & Adjustments
HSN-Wise Summary
Documents Issued
Table 13 – Declare details of invoices, debit/credit notes, delivery challans, etc., issued during the period
Amendments to Previous Returns
If you need to correct or update past returns, use these amendment tables:
Table 9A
Table 9C
Table 10
Table 11A & 11B
Tip: Click on each tile to enter or edit the corresponding details. You can save each section individually as you go.
After submission, click ‘File Return’
Once the return is filed successfully, an ARN (Acknowledgment Reference Number) will be generated
You can download the acknowledgment from the dashboard for your records
Conclusion
GSTR-1 document is critical and should be duly filed with the correct returns on due dates by all the businesses under the GST scheme in India.
It not only provides compliance but also makes claims of the input tax credit as easy as possible for your buyers. It helps in building up business relations and avoids a penalty.
With the help of the above guide, you can easily file GST through the online system and avoid mistakes.
You should make a routine to check all the invoices periodically and make the returns on time to prevent last-minute rushes. Correct and regular GSTR-1 filing is an important aspect of a tax-compliant and efficient business.
Want to know more about GSTR-3B? Click here.
FAQs
Yes, by following the above guide, it’s easy for a common person to file GSTR-1 without the help of a CA.
Taxpayers under the composition scheme, non-resident taxpayers, and those not making outward supplies don’t need to file GSTR-1.
GSTR-1 is for reporting sales (outward supplies), not purchases.
No, you must file the previous GSTR-1 first. Also, GSTR-3B cannot be filed for the same period if GSTR-1 is not submitted.
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