GSTR – 1: Return of Outward supply
Why to file GSTR 1:
The need for filing GSTR 1 arises from section 37 of the CGST act and same is reproduced below:
Every registered person, other than:
- An Input Service Distributor,
- A non-resident taxable person and
- A person paying tax under the provisions of section 10 or
- A person paying tax under section 51 (Person deducting TDS) or
- A person paying tax under section (Person collecting TCS) 52,
- A person mentioned under section 14 of IGST act (supplier of online information and database access or retrieval services).
shall furnish, electronically, in such form and manner as may be prescribed, the details of outward supplies of goods or services or both effected during a tax period
- on or before the 10th day of the month succeeding the said tax period and
such details shall be communicated to the recipient of the said supplies within such time and in such manner as may be prescribed:
Provided that the registered person shall not be allowed to furnish the details of outward supplies during the period from the 11th day to the 15th day of the month succeeding the tax period:
Provided further that the Commissioner may, for reasons to be recorded in writing, by notification, extend the time limit for furnishing such details for such class of taxable persons as may be specified therein. Hence, commissioner has extended the time limit for the months of July and August months
Provided also that any extension of time limit notified by the Commissioner of State tax or Commissioner of Union territory tax shall be deemed to be notified by the Commissioner
Hence, all taxable suppliers are liable to file GSTR 1 except those mentioned above including those cases where there is no sales in the relevant taxing month.
Meaning of details of outward supplies:
“details of outward supplies” shall include details of:
- Invoices,
- Debit notes,
- Credit notes and
- Revised invoices
Issued in relation to outward supplies made during any tax period
Importance of GSTR 1:
Normally every registered person required to furnished / validate following returns:
Return Forms | GSTR – 1 | GSTR – 1A | GSTR – 2 | GSTR – 2A | GSTR -3 |
Activity recorded | Outward supply | Auto Drafted | Inward Supply | Auto Drafted | GST Payment |
Outcome | GST liability | Revise return | ITC allowed | Reconciled | Monthly return |
Basis of preparation | Sales Invoice issued to recipient / consumer | GSTR 2, 4 & 6 | Part A, Part B and Part C of FORM GSTR-2A | GSTR -1 of the corresponding suppliers from whom purchases are made | GSTR 1 and GSTR 2 |
Thus, every other return except GSTR 1 is auto populated and needs to be validated by taxable registered person. Thus, every care must be made before filing the form as it would directly impact our taxable liability under
GSTR – 3.
When to file GSTR 1 (As extended vide notification no 29/2017):
Forms | Notification number | For July 2017 | For August 2017 | From Sep. Onwards |
GSTR 1 | 18/2017 – Central Tax | 1st to 10th September | Up to 5th October | 1st to 10th of next month |
Classification of invoices for recording of transaction in GSTR 1:
All issued invoices during the tax period must be classified as given below for correct and complete recording of all transaction in GSTR 3:
Particulars | Invoices | ||
Classification of invoices | Intra-state supply | Inter-state supply | Extant of details required |
B2B | ✓ | ✓ | Invoice wise and tax rate wise |
Export Invoice | x | ✓ | Invoice wise and tax rate wise |
B2C large | x | Invoice value > Rs. 2.5 lacs | Invoice wise, tax rate wise and state wise |
B2C | ✓ | Invoice value < Rs. 2.5 lacs | Consolidated |
Modes of filing GSTR 1:
There are two modes of filing GSTR 1 as explained below:
- Online mode: The facility of filing GSTR 1 is provided on gst.gov.in online. In case where invoices in a particular month are upto 500 in number this facility can be used. However, numbers of invoices are more than 500 it is batter to prepare return in off line mode.
- Off line mode: You can prepare GSTR 1 offline and subsequently same can uploaded on GST portal subsequently. GSTR data can be prepared offline in any of following ways:
- Offline utility downloaded from GST portal.
- With the help of excel utility
- With the help of 3rd party vendor
- Through GSP
How to file GSTR 1:
Section | Table no | Details to be file |
B2B | 4A4B4C6B
6C |
Used for entering taxable outward supplies to registered person. |
B2C Large | 5A5B | Used for entering inter-state taxable outward supplies to unregister dealer having invoice value > Rs 2.5 lacs. |
Debit / Credit Note | 9A9B | 9A – Debit note / Credit note issued to registered dealer.9B – Debit note / credit note issued to unregistered dealer. |
Export | 6A | Details of export supplies. |
B2C others | 7 | Taxable supplies net of debit note and credit notes to unregistered dealer not cover in 5A and 5B. |
Nil rated, Exempted and non GST supply | 8A8B8C8D | Details of Nil rated, Exempted and non GST supply. |
Advance received | 11A(1)11A(2) | Advance received during the tax period. |
Adjustment of advance | 11B(1)11B(2) | Advance received during earlier tax period being adjusted from supplies in current tax period. |
HSN wise summery | 12 | HSN wise summery |
Other information | 13 | Details of any of the following documents issued:i. Invoices for outward suppliesii. Invoices for inward supplies from unregistered personiii. Revised invoices
iv. Debit notes v. Credit notes vi. Receipt voucher vii. Payment voucher viii. Refund voucher ix. Delivery challan for job work x. Delivery challan for supply on approval xi. Delivery challan in case of liquid gas xii. Delivery challan in cases other than by way of supply |