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In GSTR-1, proprietors or suppliers submit the accounts of the outward supply of goods on a monthly or quarterly basis. GSTR-1 requires the individuals involved in the outward supply of goods and services to specify the details of the recipient and the supply.
February 1, 2023
Budget 2023 updates:
The Finance Bill, 2023, has proposed to insert Section 37(5) in the CGST Act. This section provides that taxpayers can only furnish the details of outward supplies up to the period of three years from the due date.
December 26, 2022
New tables were added to the GSTR-1, and these are:
Table 14 and Table 14A for the suppliers
February 1, 2022
Budget 2022 updates:
The due date for modifying and correcting overdue invoices or debit/notes for GSTR-1 changed from September to November 30th. It could also be the date of filing the annual return, whichever of these two is earlier.
December 21, 2021
Registered persons who failed to file GSTR-3B are not allowed to file GSTR-1 from January 1, 2022.
From January 1, 2022, onwards, GST officers were allowed to take action against those who underreport sales in GSTR-3B compared to GSTR-1. They will not be required to provide any show-cause notice before initiating such proceedings.
The GSTR-1 filing is mandatory if you are a registered dealer. It is independent of the transactions that happened that month. Filing GSTR-1 means you are a registered seller, even if you have no reported sales in the previous financial year.
However, if you fall under one of the following categories, you are exempt from GSTR-1 filing.
Composition Dealer: Any business has been made exempt from GSTR-1 filing if they have an annual turnover of up to ₹1.5 Crores. However, they need to opt for a composition scheme in order to be exempt from filing the GSTR-1.
Online Supplier: A supplier of online information, database access, or retrieval services does not need to go through the GSTR-1 filing.
Non-Resident Taxable Person: If you fall in the category of non-resident taxable persons, you are also exempt from filing GSTR 1 on behalf of your business.
Taxpayer Liable to Pay TCS or TDS: A taxpayer liable for collecting tax at source (TCS) or a taxpayer liable for deducting tax at source (TDS) is exempt from this.
Like any other tax filing, GSTR-1 filing also has a due date. If you fail to file your GSTR-1 on or before the due date, the competent authorities may inflict a penalty upon you. Hence, it is important to file GSTR-1 before the expiry of the due date.
If you have a business with a turnover of more than ₹5 Crores, you need to file GSTR-1 on a monthly basis. The due date for the filing is the 11th of every month. However, if your business does not fall under this category, you are required to file it on a quarterly basis.
Businesses (Based on Turnover) |
Due Date |
|---|---|
More than ₹5 Crores |
11th of the subsequent month (February 26th for the month of January) |
Less than ₹5 Crores |
13th of the month that succeeds the quarter |
If the concerned entity fails to complete the GSTR-1 filing process before the due date, it will have to pay the penalty. As of now, the applicable late fees are either ₹50 or ₹20 and are charged on a daily basis until the filing is done. More on this ahead.
The GSTR-1 form contains 13 tables where the supplier needs to fill in the details of outward supplies of goods in a given month. Not all tables are necessarily applicable to every supplier.
The supplier needs to fill only those tables that are relevant to the nature of the business and the nature of supplies. The details about the GSTR-1 tables are given below:
Tables |
Description |
|---|---|
Tables 1, 2, and 3 |
GSTIN, legal, and trade names, and the total turnover in the previous year. |
Table 4 |
Total taxable outward supplies to registered dealers, excluding deemed exports and zero-rated supplies. |
Table 5 |
Total taxable inter-state supplies to unregistered dealers, where the value of the invoice is less than ₹2.5 Lakhs. |
Table 6 |
All zero-rated supplies and deemed exports. |
Table 7 |
Total taxable supplies to unregistered dealers, except the ones already covered in table 5. |
Table 8 |
Nil-rated, exempted, and non-GST outward supplies. |
Table 9 |
Any amendments to the outward supplies that are taxable in nature and reported in table 4, table 5, or table 6 of the previous tax period’s GSTR-1 return. |
Table 10 |
Debit notes and credit notes issued to unregistered dealers. |
Table 11 |
Advances received or adjusted in the current tax period or any amendments to the info reported in the previous tax period. |
Table 12 |
Summary of outward supplies based on HSN records. |
Table 13 |
Details of all the documents issued during the tax period, such as invoices, debit notes, credit notes, etc. |
Table 14 |
ECO operators' GSTIN-wise sales through e-commerce operators. |
Table 14A |
Amendments to Table 14A |
Table 15 |
Suppliers' GSTIN-wise sales through e-commerce operators. |
Table 15A |
Table 15A I - Amendments to Table 15 for B2B Table 15A II - Amendments to Table 15 for B2C sales |
You need to furnish the following documents while GSTR-1 filing:
A valid Goods and Services Tax Identification Number (GSTIN)
A valid Digital Signature Certificate (not applicable if you wish to e-sign using Aadhaar)
Aadhaar number, if you are going to e-sign the form
The filing of the GSTR-1 facility is available online on the GSTN portal. When carrying out the filing of GSTR-1, just follow these simple steps:
Step 1: Visit the GSTN portal
Step 2: Log in using the User ID and password
Step 3: Click on the ‘Returns’ under the ‘Services’ drop-down menu
Step 4: Under the ‘Returns’ dashboard, select the month for which you want to file the GSTR-1 return
Step 5: Click on ‘GSTR-1’ once the returns for the specified month or quarter are displayed
Step 6: Prepare the returns
Step 7: Once you have prepared them, upload the returns
Step 8: Upload invoices for the specified period of GSTR-1 filing
Step 9: Re-check all the details to avoid any inaccurate details
Step 10: Click on the ‘Submit’ button to proceed ahead
Step 11: Once the information entered by you is validated, hit the ‘File GSTR-1’ button
Step 12: Click on the ‘Yes’ button to confirm your submission
Step 13: Digitally sign the document to complete the process and receive an Acknowledgement Reference Number (ARN)
As per the GST Rules, you cannot modify or change the return that you have once filed. However, you can make amends or fix the errors when you file the GSTR-1 for the next month.
For instance, any errors that you committed during the GSTR-1 filing in May 2023 can only be fixed in June 2023 or later.
The GSTR-1 filing status can easily be checked on the GSTN portal by following the steps mentioned below:
Step 1: Log in to the GSTN portal using your credentials
Step 2: Hover your cursor over the “Services” menu and a drop-down menu will appear.
Step 3: Click on “Returns”.
Step 4: Now, select “Track Return Status”.
Step 5: Enter your ARN (Acknowledgement Reference Number) in the designated space and click on “Search”. You can also search using the “Return Filing Period”.
Step 6: Now, a table with all the details of your GSTR-1 returns will appear.
There are four possible statuses of your GSTR-1:
To Be Filed
Submitted But Not Filed
Filed-Valid
Filed-Invalid
When filing GSTR-1 on the GSTN portal, you must avoid these common errors that most people face:
Aggregate Turnover: Column 3(a) will require you to enter the aggregate turnover. When filing the GSTR-1, remember that aggregate turnover demands you to enter turnover on an all-India basis.
Invoices Already Submitted: While digitally signing the GSTR-1, you may receive the error “Invoices Already Submitted”. To resolve the issue, you just have to remove all caches and GST-related cookies from your browser.
Invoice-wise Data Uploading: When filing your GSTR-1, you also need to upload all your invoice-wise data. As you have to do this manually, there is a high chance that you can make an inaccurate entry. Double-check the data before you submit your GSTR-1 return.
Not Filing NIL Return: If you do not have any sales in the specified month, you still need to file a GSTR-1 Nil return. Failing to do so will cost you a penalty under the relevant sections of the GST Act.
In case you are unable to file your GSTR-1 return by the due date, you will be liable to pay a late fee as per the following rate. An interest rate of 18% p.a. will also be levied on the outstanding tax amount for the late filing of GSTR-1.
The following table will give you a clear idea on the late fees that you may be charged based on the turnover.
GST Act |
Late fees for every day of delay |
Maximum late fee (For businesses with a turnover of less than ₹1.5 Crores) |
Maximum late fee (For businesses with turnover between ₹1.5 to ₹5 Crores) |
Maximum late fee (For businesses with a turnover of more than ₹5 Crores) |
|---|---|---|---|---|
CGST Act, 2017 |
₹25 |
₹1,000 |
₹2,500 |
₹5,000 |
Respective SCGT Act, 2017 / UTGST Act, 2017 |
₹25 |
₹1,000 |
₹2,500 |
₹5,000 |
Total late fees |
₹50 |
₹2,000 |
₹5,000 |
₹10,000 |
You can file GSTR 1 either monthly or on a quarterly basis. However, if the turnover of your business in the preceding financial year was more than ₹1.5 Crores, you have to file GSTR-1 every month.
The turnover limit for GSTR-1 is ₹5 Crores. Businesses with a turnover exceeding ₹5 Crores have to file GSTR-1 every month. However, businesses with a turnover of up to ₹5 Crores, can file GSTR-1 on a quarterly basis.
If you have opted for the composition scheme, you are exempted from filing GSTR-1.
You are not required to make a GST payment after filing GSTR 1. However, you have to make the GST payment after filing GSTR-3B.
The “Total Invoice Value” column in the GSTR-1 form indicates the total value of the invoice inclusive of the applicable taxes.
While the supplier has to mention the details of the shipping invoice, the shipping bill number is not mandatory while declaring export invoices.
Yes, even if there are no sales in a month or quarter, filing GSTR 1 is still required. In this situation, you must file a GSTR-1 Nil return.
All sales information must be reported in GSTR-1, but GSTR-3B returns just require summaries of sales data, ITCs claimed, and net tax owed.
A registered dealer has to file GSTR-1 on sales recorded in a specified period.
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