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TMI BlogAdvisory for FORM GSTR-1AX X X X Extracts X X X X X X X X Extracts X X X X ..... Advisory for FORM GSTR-1A X X X X Extracts X X X X X X X X Extracts X X X X ..... tax period, before filing of the GSTR-3B return of the said tax period. 2. FORM GSTR-1A would be available to all the taxpayer from August 2024, through which details furnished in FORM GSTR-01 for the month of July 24 can be amended. The salient features of FORM GSTR-1A are - 1. FORM GSTR-1A is an optional facility. This can be filed only once for a particular tax period. 2. The corresponding ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... effect of the changes made through FORM GSTR-1A on the liability of the taxpayer shall be reflected in FORM GSTR-3B for the same tax period. 3. At the recipient end, the ITC for the supplies declared or amended by the suppliers through FORM GSTR-1A will be available to the recipient in FORM GSTR-2B generated for the next tax period. 4. For the taxpayers filing FORM GSTR-1 on monthly basis: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a. FORM GSTR-1A will be available on the portal every month from the due date of filing of FORM GSTR-1 or the actual date of filing of FORM GSTR-1, whichever is later, and will be available till the actual filing of corresponding FORM GSTR-3B of the same tax period. It is pertinent to re-iterate that the taxpayer can't file FORM GSTR-1 for a month until he files FORM GSTR-3B for the previous month ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . b. From the liability perspective, the net impact of particulars declared or amended through FORM GSTR-1A , along with the particulars declared in FORM GSTR-1, shall be auto-populated in FORM GSTR-3B for the same tax period as that of FORM GSTR-1. 5. For the QRMP taxpayers, who files FORM GSTR-1 on Quarterly basis: a. FORM GSTR-1A shall be available quarterly after actual filing of FORM GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TR-1 (Quarterly) or the due date of filing of FORM GSTR -1 (Quarterly), whichever is later, and will be available till the actual filing of FORM GSTR-3B of the same tax period. b. The supplies reported in the FORM GSTR-1 of the current tax period (including those declared in IFF, for the first month, M1 and second months, M2 of a quarter, if any) can be amended through corresponding Quarterly GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TR-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 reiterated that there will be no separate amendment facility available for records furnished th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rough IFF for the months M1 and M2, during the month M1 and M2.
6. In case where change is required to be made in 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.
Thanks,
Team GSTN X X X X Extracts X X X X X X X X Extracts X X X X
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