GSTR-1 is a monthly or quarterly return that should be filed by every registered GST taxpayer, except a few as given in further section. It contains details of all outward supplies i.e sales. The return has a total of 13 sections, listed down as follows:
- Tables 1, 2 & 3: GSTIN, legal and trade names, and aggregate turnover in the previous year
- Table 4: Taxable outward supplies to registered persons (including UIN-holders) excluding zero-rated supplies and deemed exports
- Table 5: Taxable outward inter-state supplies to unregistered persons where the invoice value is more than Rs.2.5 lakh
- Table 6: Zero-rated supplies as well as deemed exports
- Table 7: Taxable supplies to unregistered persons other than the supplies covered in table 5 (net of debit notes and credit notes)
- Table 8: Outward supplies that are nil rated, exempted and non-GST in nature
- Table 9: Amendments to outward supplies that are taxable and reported in table 4,5 & 6 of the earlier tax periods’ GSTR-1 return (including debit notes, credit notes, refund vouchers issued during the current period)
- Table 10: Debit note and credit note issued to unregistered person
- Table 11: Details of advances received or adjusted in the current tax period or amendments of the information reported in the earlier tax period.
- Table 12: Outward supplies summary based on HSN codes
- Table 13: Documents issued during the period.
In this lesson we have discuss below points in detail
- Understand Tables of GSTR 1
- How to enter B2B supply in GSTR 1
- How to enter B2C supply in GSTR 1
- How to enter debit note and credit note
- How to enter export invoices
- HSN wise reporting in GSTR 1
- Document wise reporting in GSTR 1
- Use of offline tool for GSTR 1 Filing
- Prepare JSON file for offline GSTR 1 Filing
- Errors in JSON preparation
- Filing of GSTR 1