9911796707
TMI BlogStatement of Outward Supplies (GSTR-1) in GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... every registered person other than Suppliers of online information and database access or retrieval (OIDAR) services or an Input Service Distributor or a non-resident taxable person or a person paying tax under composition levy or persons liable to collect TCS or persons liable to deduct TDS. Casual taxable person also has to file GSTR-1. This return can be filed by the taxpayer directly through the common portal www.gst.gov.in; or through a Facilitation Centre notified by the Commissioner. Timelines for filing: The GSTR-1 return is meant to be filed for every tax period whether or not any supplies of goods or services or both have been made during such tax period. However, as a measure of easing the compliance requirement for small tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... notes, if any, issued during the month for invoices issued previously. The details of outward supplies furnished by the supplier in GSTR 1 shall be made available electronically to the concerned registered persons (recipients) in Part A of FORM GSTR-2A, in FORM GSTR-4A and in FORM GSTR-6A through the common portal after the due date of filing of FORM GSTR-1. About the return GSTR-1 has a total of 13 Tables. Tables 1 and 2 pertain to GSTIN and Legal name/Trade name Table 3: Aggregate turnover of the taxpayer for the immediate preceding financial year and first quarter of the current financial year has to be reported in the preliminary information in Table 3. This information would be required to be submitted by the taxpayers only in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oice-level information pertaining B (Business) to C (Consumers) supplies where the invoice value is more than ₹ 2.5 lakh in the tax period has to be filled. In this table the specific details like the Invoice No & date, invoice value, rate of tax, taxable value, the amount of Integrated tax and Cess, the place of Supply has to be entered by the taxpayer. The Place of Supply (PoS) column is mandatory in this table as it captures inter-state supplies. Sub Table 5A is meant for invoice details of all supplies (rate wise) other than those made through e-commerce operator, rate-wise Sub Table 5B is meant for invoice details of supplies (operator wise and rate-wise) effected through e-commerce operator attracting collection of tax at sour ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onsumers) supplies (for both inter-State or intra-State) where the invoice value is up to ₹ 2.5 lakh for the tax period has to be entered by the tax payer. In this table the consolidated details like the total taxable value, the amount of Central tax, State tax / Union territory tax, Integrated tax and Cess has to be filled. There is no need for details like the Invoice No & date, invoice value, rate of tax, taxable value. Negative value can be mentioned in this table, if required. The following details has to be provided against the sub table number mentioned. 7A. Intra-State supplies 7A (1). Consolidated rate wise outward supplies [including supplies made through e-commerce operator attracting TCS]. Here gross intra-State supplies ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... upplies to registered persons 8B. Intra- State supplies to registered persons 8C. Inter-State supplies to unregistered persons 8D. Intra-State supplies to unregistered persons Table 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] This table is meant for entering the amendments of B to B supplies (reported in Table 4), B to C Large supplies (reported in Table 5) and Supplies involving exports / SEZ unit or SEZ developer / deemed exports (reported in Table 6) * The information is to be entered rate-wise; * The original information of debit / credit note issued and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lating to advances would be submitted only if the invoice has not been issued in the same tax period in which the advance was received. It may however be noted that vide Notification no. 66/2017-Central Tax dated 15.11.2017, tax is not required to be paid on advances received in relation to supply of goods only (tax would be payable on advances received in respect of services). Table 11B is for the advance amount received in earlier tax period but the invoices have been received in the current tax period and adjusted against the supplies being shown in this tax period in Table Nos. 4, 5, 6 and 7. The information is to be separately shown for both interstate and intra state supplies. The information regarding the tax amount to be paid on ac ..... X X X X Extracts X X X X X X X X Extracts X X X X
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