How to File GSTR-1 Online

What is GSTR 1

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 theComposition Scheme, Non-Resident dealers and Tax deductors are not required to file GSTR -1).
GSTR 1 is a monthly return that should be filed by every registered dealer.It contains details of all outward supplies i.e sales.GSTR-1 has a total of 13 sections.

Why GSTR 1 important

GSTR 1 is important as it contains details of all the sales transactions of a registered dealer for a month.
The GSTR 1 filed by a registered dealer is used by the government to auto populate GSTR 3 for the dealer and GSTR 2A for dealers to whom supplies have been made.

Is GSTR 1 to be filed for Nil sales for the month

Yes, GSTR-1 should be filed even if there is nil returns to be filed (no business activity)in the given taxable period.

What is due date of GSTR 1 for July and August

GSTR 1 for the month of July 2017 is due on 5thSeptember 2017.
GSTR 1 for the month of August 2017 is due on 20thSeptember 2017.
Starting from the month of September 2017 GSTR 1 is required to be filed within 10thof next month.

Who should file GSTR 1

Every registered person is required to file GSTR 1 irrespective of whether there are any transactions during the month or not exceptE-Commerce Operators, Input Service Distributors, dealers registered under theComposition Scheme, Non-Resident dealers and Tax deductors are not required to file GSTR -1.

Is it possible to revise GSTR 1

No, GSTR 1 once filed cannot be revised. Any mistake made in the return can be revised in the next months return. It means that if a mistake is made in July’s GSTR 1, rectification for the same can be made in Augusts GSTR 1.

How to File GSTR-1 Online

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 online.
There are two option to file GSTR-1. One is online and other is offline. Offline return filing article we have already shared. In this article we will discuss online return filing part.

Under online return filing first of all we have to mention the above fields.

• Year & Monthwill be auto filled .

1. GSTIN – Every registered person will be allotted a 15 digit unique number which will be linked to PAN. This number will be calledGoods 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 will also be auto populated.
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 turnoverof 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.

1. Taxable outward supplies made to registered persons (including UIN-holders):

In the above table detailed information like details of Receiver GSTIN/UINNo. invoice no., invoice date, Point of supply, total invoice value, need to be entered and receiver name will be auto populated. Applicable GST rate, amount of IGST, CGST, SGST & Cess etc. related to all taxable supplies made by the registered taxpayers need to be entered after entering Receiver GSTIN/UINNo. 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.

• 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.

Like wise each and every invoice needs to be saved.

2. 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

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3. Details of debit /credit notes issued registered taxpayers:

In the above table detailed information like details of Receiver GSTIN/UINNo. Debit/Credit Note No, Debit/Credit Note No., Original Invoice number, Original Invoice date, Note type (Debit/credit), Debit/Credit Note Value, Supply Type ( Inter state, Intra State) Reason for issuing Debit/Credit Note and one last point which is very important is tick mark if invoices are pre GST regime.
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.

4. Details of debit /credit notes issued to Unregistered taxpayers:

In the above table detailed information like details of Type( b2cl, Export with or without payment). Debit/Credit Note No, Debit/Credit Note No., Original Invoice number, Original Invoice date, Note type (Debit/credit), Debit/Credit Note Value, Supply Type always inter state, and last Reason for issuing Debit/Credit Note and one last point which is very important is tick mark if invoices are pre GST regime.

5. Exports Invoices – Summary:

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)

6. B2C (Others) Taxable supplies (Net of debit notes and credit notes) to unregistered persons other than thesupplies covered in Table 5

Under this heading details like rate of tax, 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).

7. Nil rated, exempted and non GST outward supplies

Under this heading details of all kinds ofNil Rated, Exempt and Non-GST outwardsupplieswill 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.

8. Consolidated Statement of Advances Received/in the current tax period

Under this 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.

9. Adjusting of advance against received in earlier tax period and adjusted againstany supply in point no. 4, 5, 6 or 7.

Under this heading , information regarding adjusting of advance against any supply in point no. 4, 5, 6 or 7 of previous period is to be reported here.

10. 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.

11. 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.
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