GSTN issued Advisory on Form GSTR-1A

The Goods and Services Tax Network (GSTN) has issued an advisory for Form GSTR-1A. GSTR-1A was introduced by the government vide notification No. 12/2024 on 10th July 2024 which is an optional Form/ facility.

This has been provided to the taxpayers to add or amend particulars of a supply of the current tax period, which was missed out or was wrongly reported in FORM GSTR-1 of the said tax period, before filing the GSTR-3B return of the said tax period.

Form GSTR-1A would be available to all taxpayers beginning in August 2024, allowing them to alter the details provided in FORM GSTR-01 for the month of July 24.

The salient features of FORM GSTR-1A are –

FORM GSTR-1A is an optional facility. This can be filed only once for a particular tax period.

The relevant effect of the changes made using FORM GSTR-1A on the taxpayer’s liabilities must be reported in FORM GSTR-3B for the same tax period.

At the recipient’s end, the ITC for supplies declared or updated by suppliers using FORM GSTR-1A will be available in FORM GSTR-2B generated for the next tax period.

For the taxpayers filing FORM GSTR-1 on a monthly basis:

a. FORM GSTR-1A shall be available on the portal every month beginning with the due date of filing FORM GSTR-1 or the actual date of filing FORM GSTR-1, whichever is later, and continuing until the actual filing of the matching FORM GSTR-3B for the same tax period. It is important to note that a taxpayer cannot file FORM GSTR-1 for a month unless he has filed FORM GSTR-3B for the preceding month.

b. From a liability standpoint, the net impact of particulars declared or updated in FORM GSTR-1A, along with the particulars declared in FORM GSTR-1, must be auto-populated in FORM GSTR-3B for the same tax period as FORM GSTR-1.

For the QRMP taxpayers, who file FORM GSTR-1 on a Quarterly basis:

a. FORM GSTR-1A will be available quarterly following the actual filing of FORM GSTR-1 (Quarterly) or the due date of filing of FORM GSTR-1 (Quarterly), whichever is later, and will be available until the actual filing of FORM GSTR-3B for the same tax period.

b. The supplies recorded in the FORM GSTR-1 for the current tax period (including those declared in IFF for the first month, M1 and second months, and M2 of a quarter, if any) can be changed using the Quarterly GSTR-1A.

c. From the liability perspective, the net impact of the particulars declared in GSTR 1A (Quarterly), along with particulars furnished in FORM GSTR-1 (Quarterly) (or through IFF of Month M1 and M2, if filed), shall be auto-populated in FORM GSTR-3B (Quarterly) of the same tax period.

d. It is repeated that there will be no separate amending facility for records provided through IFF during the months of M1 and M2.

In case where change is required to be made in the GSTIN of a recipient for a supply reported in FORM GSTR-1 of a tax period, the same can be rectified through FORM GSTR-1 for the subsequent tax period only.