Every registered taxable person is required to submit the details of outward supplies in the GSTR-1. This return is required to be filed within 10 days from the end of the tax period, or the transaction month.
b. GSTR-1 has 14 heads that need to be filled in. The heads of GSTR-1 are as below:
• GSTIN of the taxable person
• Name of the taxable person
• Total Turnover in Last Financial Year
• The Period for which the return is being filed – Month & Year is available as a drop down for selection
• Details of Taxable outward supplies made to registered persons
• Details of Outward inter-State supplies made to end customer, where the value exceeds Rs. 2.5 lakhs
• Details of all other outward supplies made to end consumers
• Details of Debit Notes or Credit Notes
• Nil-Rated,Exempted and Non-GST outward Supplies
• Details of Export Sales made
• Tax Liability arising out of advance receipts
• Tax already paid on which invoices issued In the current period
• Supplies made through e-commerce portals of other companies
• Details of issue of invoices during tax period
a) This return is to be filed by every registered person. However, there are certain dealers who are not required to file GSTR-1. These dealers are E-Commerce Operators, Input Service Distributors, dealers registered under the Composition Scheme, Non-Resident dealers and dealre3s liable to deduct TDS and TCS.
b) The details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons (recipients) in Part A of FORM GSTR- 2.
GSTR-1 is to be filed in FORM GSTR-1 electronically through the Common Portal (www.gst.gov.in) either directly or through a Facilitation Centre notified by Commissioner. However, you may file GSTR-1 through Taxmann’s One Solution in three easy Steps:
You enter your sales invoices through One Solution’s Invoice Module. If you have used this, you just need to click on sales register and generate GSTR-1 and need to click on save GSTR-1. By doing this, you can save GSTR-1 on GST Portal. However, if you are not using Taxmann’s Invoicing Module, then Import sales data through your excel sheet.
After importing sales data, you need to click on sales register and then generate GSTR-1 to save on GST Portal. After saving, generate summary to tally that all data is correctly filed in respective tables.
Then click on file GSTR-1 and enter your user ID and password of GST Portal. An OTP will be sent to your registered mobile number and email ID. After filing OTP, your return will be submitted.
General Queries on GSTR 1 Form
Q.1 – Is there any possibility to correct any errors in GSTR-1?
It is not possible to correct GSTR- 1, once filed. If any mistakes occurred while filing returns, it will be corrected in the next month returns. For example, if a mistake occurs in August GSTR- 1, the correction for the same will be modified in September GSTR- 1
Q.2 – What is B2C in GSTR 1?
B2C Small Invoices (5A,5B) abruptly means Business to Small Customer Invoice. Sales refer to Unregistered person amounting up to INR 250000
Q.3 – What is GSTR 3B and GSTR 1?
The GSTR-3B is a summarised return form whereas, the GSTR-1 is a report for all output invoices and taxes on them. Originally it has been foreseen that the GSTR-3B and the information and taxes furnished as per Forms GSTR-1,2,3 would be reconciled with the help of a system based reconciliation
Q.4 – Can GSTR 1 be revised?
It has been known that there is no provision till now following which, a return once filed cannot be revised. In case of any mistake done while return filing, rectification could be done in the next periods (month/quarter) return. Explaining through an example, If a mistake is made in September GSTR-1, then rectification for the same could be made in October’s GSTR-1
Q.5 – Should the GSTR-1 be filed in the case of zero sales in a month?
Yes, The GSTR 1 form is mandatory to be filed. On the other side, If the total sales for a year are less than Rs 1.5 crore, then the return should be filed on a quarterly basis.
Q.6 – Can the invoice be uploaded only once while filing the return?
The invoice could be upload anytime. It is better to upload invoices at regular intervals during the month so as to avoid bulk uploading at the time of return filing. The bulk upload is time-consuming.
Q.7 – Can an uploaded bill on the GST portal be altered?
After the bills are uploaded, changes could be made in them multiple times. No restriction has been attached on changing invoices’ details after uploading them. But, the invoices could be changed only before submitting a return. But once submitted, the numbers are frozen
Q.8 – Should a GSTR-1 form be filed even after filing GSTR-3B?
The GSTR-3B is a simple return form aided to be filed by traders on a monthly basis only till March 2018. Still, we need to file the return through the GSTR-1 form on a monthly or a quarterly basis.
Q.9 – Does a person opting a composition scheme should file the GSTR-1 form?
A person opting composition scheme should not file the GSTR-1 form. For this, there is a GSTR-4 form which is required to be filed and submitted on a quarterly basis by the taxpayer opting for composition scheme
Q.10 – Can the GST payment be made after filing GSTR-1?
In the GSTR-1 return, details of sales are filed with the government. After filing of this return, no tax has to be paid. The tax is supposed to be paid at the time of filing GSTR-3B (notified for months until March 2019).
Q.11 – If a Businessman files the GSTR-1 form for July 2017 and his annual sales are below Rs. 1.5 lakh, should he file a quarterly or monthly return?
In such a case the businessman needs to file a quarterly return. Also, as the return for July is already filed he should omit July sales from his return.
Q.12 – Is there any provision for amendment in the details already filed in GSTR-1? If yes, then what will be the filing period to make such amendments?
Yes, the amendment could be done to an already filed GSTR-1 for a particular tax period, by the declaration of the amended details in the return
For example: If Mr X of Kerala sold some goods to Mr Y of Karnataka for INR 1,00,000 on 30th August 2017 and declared the details on GSTR-1 of August 2017.
Later he realized that he made a mistake on the date of the invoice. Now, this could be rectified by filing an amended invoice with correct invoice date i.e. 16th August 2017
But the amended details would reflect in the GSTR 1 of September 2017
Q.13 – What should be the ‘Revised date’ in the amended invoice in this case?
The ‘Revised date’ reflecting in the amended invoice must not be later than the last date of the original invoice tax period
For example, If an original invoice dated 12/07/2017 undergoes amendment in August then the revised invoice date should not be later than 31/07/2017
Q.14 – What all details amendments are not admissible or not allowed?
The below-mentioned details cannot be amended at Invoice level:
The Customer GSTIN
Changing a tax invoice into the bill of supply
The following details with respect to Export Invoices cannot be amended:
a) Shipping Bill Date/Bill of Export Date
b) Type of Export- With/Without payment
The below mentioned, with respect to Credit Debit Notes cannot be amended:
a) Receiver/Customer GSTIN | Note: However, you may amend & link any other invoice for the same GSTIN
b) Place of Supply
Reverse charge mechanism applicability
Reason: All the above-jotted details are based on the original Invoice hence, these details must match with the details of the linked Invoice.
If the person receiving goods has taken action on the invoices i.e. accepted it or modified it and relatively, the supplier accepts such modifications in GSTR-1A, then he is not supposed to make any amendment in those invoices as those amended invoices would automatically get reflected in the GSTR-1 of the supplier in the month of such acceptance under the relevant amendments tabled. Following details cannot be amended at the summary level.
HSN summary of Outward supplies
Cannot add a new place of supply
Note: The existing place of supply could be replaced with another place of supply following some limitations. Refer to the examples given below:
Q.15 – What are the acceptable amendments in context to the Place of supply?
In the GSTR-1 return, details of sales are filed with the government. After filing of this return, no tax has to be paid. The tax is supposed to be paid at the time of filing GSTR-3B (notified for months until March 2019)
With respect to Place of Supply, note the following:
The original place of supply could be amended for a transaction
One is not allowed to add any new place of supply to a transaction
Due Date for Filing of GSTR-1:
GSTR-1 is required to be filed on or before 10th of the following month.
But Government decides to extend the due date of filing of GSTR-1 for month of July to Oct 10, 2017.
.. Penalty for non-furnishing of return:
A penalty of Rs.100 per day for CGST is applicable for late filing of GST return. The penalty would be payable for the period in which the taxpayer failed to furnish the return up to a maximum penalty of Rs.5000. Similarly, same penalty will also be levied under SGST Law.
.. Revision of GSTR-1:
GSTR-1 once filed cannot be revised. Any mistake made in the return can be altered by amendment in the next month’s return.