Taxpayers to Manually Verify E-Invoices Data dated 4th Jan and 16th Jan 2025; Data not Auto-Populated in GSTR-1:

Taxpayers to Manually Verify E-Invoices Data dated 4th Jan and 16th Jan 2025; Data not Auto-Populated in GSTR-1 The Goods and Service Tax Network (GSTN) recently issued an advisory in which it is advised businesses that filed their GSTR-1 sales return e-invoices on January 4th and 16th, 2025, to manually verify whether the information had been correctly reflected on the GST Portal due to a technical error that prevented auto-population of the return. The GSTR-1 is a monthly sales return that registered companies must file to report their outward supplies and sales of goods and services they provide. The GSTR-1 includes information about invoices issued, exports, debit or credit notes, and any advances received or adjusted against earlier purchases. Sellers that properly file the GSTR-1 return allow purchasers to claim Input Tax Credit (ITC) after proper reconciliation. The GSTR-1 is filed monthly or quarterly, and the data is automatically provided in the recipient's GSTR-2A and GSTR-2B. Errors in GSTR-1 might cause mismatches, compromising ITC claims and compliance. Under normal conditions, once the GSTR-1 is filed, it can display any of the following messages: Auto-populated/Deleted/Auto-population or deletion failed. The latest advisory advises businesses filing GSTR-1 to manually verify whether the e-invoices from January 4th and 16th are appropriately recorded in the GSTR-1 return. Taxpayers should double-check their e-invoice data using the following steps:

• Businesses can download the excel file to validate e-invoice details from the GST portal and ensure that all invoices are properly submitted.
• Before filing, double-check the auto-populated data and ensure that no invoices are missing from GSTR-1.
• If invoices for January 4 and January 16 are not displayed, taxpayers should manually enter the required information.

GSTN has not yet specified whether any penalties will be imposed for failing to provide the auto-populated data, but taxpayers should verify the Portal to rule out any discrepancies. With the GSTR-1 filing deadline for January 2025 coming on February 11, taxpayers should be proactive in verifying their data to minimize irregularities in ITC claims and compliance concerns.