How to file GSTR -1 | GST Return Filing Offline

GSTR -1 for outward supplies 

• Every registered person under GST will be required to submit Details of Outward Supplies of taxable goods and/or services in  Form GSTR-1. (Note : E-Commerce Operators, Input Service Distributors, dealers registered under the Composition Scheme, Non-Resident dealers and Tax deductors are not required to file GSTR -1).
• Due date for this return (GSTR-1)  is 10th of following (next) month. (Note: for the month of july & august 2017 due date is 1oth  september,2017)
• It is to be filed every month even in cases where there is no business/outward supplies during the month.
• It is the first or the starting point for passing input tax credits to the recipient of goods and services.
• The government has notified new GST Return formats and removed the mandatory requirement to quoting HSN(Harmonised System of Nomenclature) codes for goods and SAC (Services Accounting Code) codes for services in each table. The GST Return Formats have been updated to ease the process and simplify compliance for taxpayers under GST.
• Form GSTR-1  is divided into 13 parts.

How to file GSTR -1 | GST Return Filing Offline

In below video we have explained 13 Sections of GSTR-1. Please go thorugh the video and have any suggestion then please leave a comment.

https://www.youtube.com/watch?v=FmYpmb8jKJg

Let us one by one understand about the details to be filled in Form  GSTR -1

•  Year & Month are to be filled by selecting the options available as a drop down.

1. GSTIN –  Every registered person will be allotted a  15 digit unique number which will be linked to PAN. This number will be called Goods and Services Taxpayer Identification Number (GSTIN). When a registered taxpayer logs on the GSTN Portal  for return filing with the correct Login ID & password then GSTIN of taxpayer will auto populate.
2.  (a) Legal name of the registered person – Name of the registered person/ taxpayer which is registered on GSTN portal will also auto populate as and when you login with correct credentials.  (b) Trade name, if any –
3.  (a) Aggregate Turnover in the preceding Financial Year –  The figure of aggregate  turnover  of previous year is to be manually entered by the registered person/taxpayer.  It will not auto populate in the 1st year of GST implementation  The same will auto populate from next year. (b) Aggregate Turnover – April to June, 2017 –  The figure of aggregate turnover of previous three months (i.e 01.04.2017 to 30.06.2017)  is to be manually entered by the taxpayer. This is only required for current year as GST rolled out in the month of July.
4. Taxable outward supplies made to registered persons (including UIN-holders) other than supplies covered by Table 6In the above table detailed information  like details of invoice, taxable value, applicable GST rate,place of supply, amount of IGST, CGST, SGST  & Cess etc. related to all taxable supplies made by the registered taxpayers need to be entered.  Depending upon the nature of movement of goods or services whether it is inter state or intra state CGST, SGST ans IGST shall be appropriately filled. Details of exempted sales or sales at nil rate of tax shall also be mentioned here
   • 4A – Supplies other than those (i) attracting reverse charge and (ii) supplies made through e-commerce operator – This means the above mentioned details for normal taxable supplies.
   • 4B –  Supplies attracting tax on reverse charge basis –  This means the above mentioned details for Supplies made under Reverse Charge.
   • 4C – Supplies made through e-commerce operator attracting TCS (operator wise, rate wise) – This means the above mentioned details for Supplies made by way of an E-Commerce operator.In addition to above it  would also require GSTIN of e-commerce operator.

    

5. Taxable outward inter-State supplies to un-registered persons where the invoice value is more than Rs 2.5 lakh  
   

   Under this heading information needs to be furnished only when all the below conditions are met

   • Outward taxable supplies are made.
   • They are inter state supplies.
   • They are made to unregistered persons.
   • Such total outward supplies exceeds turnover of 2.5 lakhs

   Details relating to invoices issued, date, rate of IGST applicable, transaction value,cess if any etc. of outward supplies made through e-commerce operator which attract TCS and outward supplies made other than e commerce operators  will be submitted here.

6. Zero rated supplies and Deemed Exports  Under this heading all kinds of zero rated supplies which are made by way of exports, deemed exports or exports made to SEZ unit or to SEZ developer will be covered here. (One must note there will be no CGST or SGST here, as exports will attract only IGST)                
   
7.  Taxable supplies (Net of debit notes and credit notes) to unregistered persons other than the supplies covered in Table 5   Under this heading details like  rate of tax, GSTIN of e commerce operator(if applicable) transaction value, IGST,CGST,SGST,Cess(whatever is applicable) for the following will be mentioned here
   • All the intra state taxable outward supplies which are made through e commerce operator or not to an unregistered person(mostly the end consumer) will be covered here.(Note : No condition as to turnover)
   • All the inter state taxable outward supplies which are made through e commerce operator or not to an unregistered person(mostly the end consumer) below Rs. 2.5 lakh. will be covered here.(Note : Above Rs. 2.5 lakhs are covered above in table 5).
     
8. Nil rated, exempted and non GST outward supplies  Under this heading details of all kinds of Nil Rated, Exempt and Non-GST outward supplies will be covered here. Irrespective of  whether they are inter state or intra state, nor does the amount of such supplies would matter.  But if  information relating to such supplies is already included in any of the heading under 5, 6, or 7 then the taxpayer may furnish details of  only Non-GST supplies here.
9. Amendments to taxable outward supply details furnished in returns for earlier tax periods in Table 4, 5 and 6 [including debit notes, credit notes, refund vouchers issued during current period and amendments thereof]   Under this heading information relating any kind of amendments made in current period (in point no. 4, 5 and 6) of earlier tax periods needs to be furnished.(For eg. If the invoice/Shipping bill details furnished earlier were incorrect) Original as well as corresponding amendments by way of invoice, shipping bill, debit notes, credit notes or refund vouchers  relating to  point no. 4(taxable supplies to registered persons), point no. 5(taxable inter state supplies exceeding Rs. 2.5 lakhs) and point no. 6(all kinds of zero rated supplies) needs to be furnished here.
10. Amendments to taxable outward supplies to unregistered persons furnished in returns for earlier tax periods in Table 7   Under this heading information relating any kind of amendments made in current period (in point no. 7(taxable intra state outward supplies to unregistered persons and taxable inter state outward supplies to unregistered persons upto Rs. 2.5 lakhs ) of earlier tax periods needs to be furnished here.
    
11. Consolidated Statement of Advances Received/Advance adjusted in the current tax period/ Amendments of information furnished in earlier tax period  Under thins heading any kind of advance amount received against a supply to be made or invoice to be issued in future must be reported here. Registered person is required to pay GST on such advance as tax liability for the period in which such advance is received. Further, information regarding adjusting of advance against any supply in point no. 4, 5, 6 or 7 of previous period is also to be reported here. There is a separate column for amendments for earlier tax periods.

How to file GSTR -1

1. HSN-wise summary of outward supplies  Under this heading all the outward supplies will be furnished which need to be categorized based  on the  HSN codes.  This heading will also show the total IGST,CGST, SGST and cess paid on taxable outward supplies based on HSN codes. 
   
2. Documents issued during the tax period    Under this heading detailed disclosures relating to serial numbers of all the documents like invoices, revised invoices, debit/ credit notes, receipt/ payment/ refund vouchers,  various delivery challans issued is required.

Verification 

It needs to be digitally signed in case of a Company or LLP, whereas in the case of a proprietorship concern, the same can be signed physically.

Compiled by CA Ankita Khetan

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