ALL ABOUT GSTR 1 AND OVERVIEW OF ALL GST RETURNS
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Law Governing Returns
| CGST Act 2017 | RETURNS | CHAPTER IX | 9 Sections (Section 37 – 48) |
| CGST Rules 2017 | RETURNS | CHAPTER VIII | 26 Rules (Rule 59-84) |
| Return Forms | RETURNS | Forms in CGST Rules 2017 | 31 FORMS |
Sections At A Glance
| 37 - Furnishing Details of Outward Supplies |
| 38 - Furnishing Details of Inward Supplies |
| 39 - Furnishing of returns |
| 40 - First return |
| 41 - Claim of ITC and provisional acceptance thereof |
| 42 - Matching, reversal and reclaim of reduction in ITC - CREDIT NOTE |
| 43 - Matching, reversal and reclaim of reduction in OTL - CREDIT NOTE |
| 44 - Annual Return |
| 45 - Final return by RP whose registration is cancelled |
| 46. - Notice to return defaulter |
| 47 - Late Fees |
| 48 - GST practitioner appointment, removal etc. and return filling authorisation to them |
Rules At a Glance
| 59. Form and manner of furnishing details of outward supplies.- | ||||||||
| 60. Form and manner of furnishing details of inward supplies. | ||||||||
| 61. Form and manner of submission of monthly return.- | ||||||||
| 62. Form and manner of submission of quarterly return by the composition supplier | ||||||||
| 63. Form and manner of submission of return by NR taxable person | ||||||||
| 64. Form and manner of submission of return by persons providing online information and database access or retrieval services | ||||||||
| 65. Form and manner of submission of return by an ISD | ||||||||
| 66. Form and manner of submission of return by a person required to deduct tax at source.- | ||||||||
| 67. Form and manner of submission of statement of supplies through an ecommerce operator | ||||||||
| 68. Notice to non-filers of returns | ||||||||
| 69. Matching of claim of ITC 70. Final acceptance of ITC and communication thereof.- 71. Communication and rectification of discrepancy in claim of ITC and reversal of claim of ITC
|
| S.no. | Forms | Rule | Particulars |
| 1 | GSTR 1 | 59(1) | Details of outward supplies of goods or services |
| 2 | GSTR 1A | 59(4) | Details of auto drafted supplies (from GSTR 2,4,6) |
| 3 | GSTR 2 | 60(1) | Details of inward supplies of goods or services |
| 4 | GSTR 2A | 60(1) | Details of auto drafted supplies (from GSTR 1,5,6,7,8) |
| 5 | GSTR 3 | 61(1), 77 | Monthly Return |
| 6 | GSTR 3A | 68 | Notice to return defaulter u/s 46 for not filing return |
| 7 | GSTR 3B | 61(5) | |
| 8 | GSTR 4 | 62 | Quarterly return for registered person opting for composition levy |
| 9 | GSTR 4A | 59(3) & 66(2) | Auto-drafted details for registered person opting for composition levy (Auto-drafted from GSTR-1, GSTR-5 and GSTR-7) |
| 10 | GSTR 5 | 63 | Return for Non-resident taxable person |
| 11 | GSTR 5A | 64 | Details of supplies of OIDAR services by a person located outside India made to non-taxable persons in India |
| 12 | GSTR 6 | 65 | Return for input service distributor |
| 13 | GSTR 6A | 59(3) & 65 | Details of supplies auto-drafted form (Auto-drafted from GSTR-1) |
| 14 | GSTR 7 | 66(1) | Return for TDS |
| 15 | GSTR 7A | 66(3) | TDS Certificate |
| 16 | GSTR 8 | 67(1) | Statement for TCS |
| 17 | GSTR 9 | 80 | Form Still not available - Annual Return |
| 18 | GSTR 9A | Form Still not available - Annual Return for Composition Levy | |
| 19 | GSTR 9B | Form Still not available - E-commerce Operator Liable to Collect TCS | |
| 20 | GSTR 9C | Form Still not available - whose turnover > Rs. 2 cr mandatory audit and attach audit report in this form | |
| 21 | GSTR 10 | 81 | Form Still not available - Final Return |
| 22 | GSTR 11 | 82 | Statement of inward supplies by persons having Unique Identification Number (UIN) |
| 23 | GST MIS 1 | 76 | Form Still not available - Communication of duplication of claims for reduction in OTL |
| 24 | GST MIS 2 | 75 | Form Still not available - Communication and rectification of discrepancy in reduction in OTL and reversal of claim of reduction |
| 25 | GST MIS 3 | 78 & 79 | Form Still not available - Communication of Discrepancy to Supplier |
| 26 | GST MIS 4 | Form Still not available - Communication of Discrepancy to E-commerce Operator | |
| GST Practioner | |||
| S.no. | Forms | Rule | Particulars |
| 1 | GST PCT 01 | 83 | Application for Enrolment as Goods and Services Tax Practitioner |
| 2 | GST PCT 02 | 83 | Enrolment Certificate of Goods and Services Tax Practitioner |
| 3 | GST PCT 03 | 83 | Show Cause Notice for disqualification |
| 4 | GST PCT 04 | 83 | Order of rejection of enrolment as GST Practitioner |
| 5 | GST PCT 05 | 83 & 84 | Authorisation / withdrawal of authorisation for Goods and Services Tax Practitioner |
37 – Furnishing details of outward supplies read with
Rule 59 - Form and manner of furnishing details of outward supplies and GSTR 1 - Details of outward supplies of goods or services
| References made to other provisions – Section 10, 51, 52, 38, 39, 42 & 43 of CGST Act + Section 14 of IGST Act + Forms GSTR – 1A,2,2A,4,4A,6,6A |
- Who all are covered?
- Every RP except following
- ISD
- NR taxable person
- person paying tax under provisions of section 10 or 51 or 52
- Person referred to in section 14 of IGST Act (OIDAR)
- How to Furnish Details of Outward Supplies?
- Electronically in the form GSTR – 1 at www.gst.gov.in
- What to Furnish in GSTR-1?
- Details of outward supplies of g/s/b (including Nil rated, exempted and non GST outward supplies).
- When to Furnish?
- On or before 10th of succeeding month
Note - (GSTR-1 will not be allowed to file from 11th day to 15th of succeeding month)
- Commissioner can in some cases can extend above time limit with a notification.
- What Details to be included in GSTR – 1?
- Invoice wise details of all
- inter-State supplies made to RPs
- inter-State supplies invoice value > Rs. 2.5 lakh made to unRPs;
- intra-State supplies made to RPs; and
- Consolidated details of all –
- intra-State supplies made to unRPs for each rate of tax; and
- State wise inter-State supplies with invoice value upto Rs. 2.5 lakh made to unRPs for each rate of tax;
- debit and credit notes, if any, issued during month for invoices issued previously.
- Zero rated supplies and Deemed Exports
- Nil rated, exempted and non GST outward supplies
- Amendments to taxable outward supply details furnished in returns for earlier tax periods
- Consolidated Statement of Advances Received/Advance adjusted in the current tax period/Amendments of information furnished in earlier tax period
- HSN-wise summary of outward supplies
- Nature & Number of Documents issued during the tax period like invoices etc.
- What will happen to details submitted in GSTR-1?
- Supplier’s outward supplies details filed via GSTR 1 shall be communicated to registered recipient, after 10th of succeeding month i.e after filling of GSTR 1, electronically in form:
- Part A of FORM GSTR- 2A
- FORM GSTR-4A
- FORM GSTR-6A
- What will happen after such communication to Recipient?
- As per section 38 Recipient can verify, validate, modify or delete (if required) details of outward supplies intimated to him in point 6 via GSTR 2A, 4A or 6A.
- Together with that he shall also furnish details of inward supplies of taxable g/s/b and credit or debit notes received between 10th day and 15th day of succeeding month in case of Form GSTR 2 and within 18 days after end of quarter in case of GSTR 4 (Composition Levy Return) and within 13 days of succeeding month in case of GSTR 6 (ISD).
- Details in above 2 sub points of point no. 7 shall be made available to supplier electronically in FORM GSTR-1A.
- Then after receiving GSTR 1A such supplier may either accept or reject modifications made by recipient. The acceptance and rejection by supplier can be made on or before 17th day of succeeding month.
- FORM GSTR-1 furnished originally by supplier shall stand amended to the extent of modifications accepted by him.
- What if details not match?
- Supplier who has furnished GSTR 1 and details under which have remained unmatched u/s 42 (mismatch of ITC) or 43 (mismatch of Output Tax Liability), shall, upon discovery of any error or omission therein, rectify such error or omission, and shall pay tax and interest if any.
- Rectification above will not be allowed after furnishing of return u/s 39 for month of September following end of FY to which such details pertain, or furnishing of relevant annual return, whichever is earlier.
Example – A sold goods to B in month of July 2017 and charged GST on same, now in this example A is a supplier and B is a Recipient (Assuming this is the only transaction for both)
Compliance Date Sheet as per provisions discussed so far
| GSTR 1 – Details of Outward Supplies | To be Filed by A | Before 10th August 2017 |
| GSTR 2A/4A/6A | No one needs to file. It will be auto generated information that will be transmitted to B. | After 10th August 2017 |
| B can verify, validate, modify or delete (if required) details of outward supplies as submitted by A in GSTR 1 | Between 10th August 2017 and 13th or 15th August 2017 (as the case may be) | |
| GSTR 2/4/6 – Details of Inward Supplies | To be Filed by B | GSTR 2 – Between 10th - 15th August 2017 GSTR 4 – Not Applicable 1st return for composition levy scheme will be filed in in October 2017 GSTR 6 – 13th August 2017 (ISD) |
| GSTR 1A | No one needs to file. It will be auto generated information that will be transmitted to A. | After 13th or 15th August 2017 as the case may be |
| A may either accept or reject modifications made by B | On or Before 17th August 2017 |
GSTR – 1 Return Special Points
- GSTR-1 should be furnished by 10thof the month succeeding relevant tax period.
- Summary of supplies effected against a particular HSN code to be reported only in summary table. It will be optional for taxpayers having annual turnover upto Rs. 1.50 Cr but they need to provide information about description of goods.
- It will be mandatory to report HSN code at two digits level for taxpayers having annual turnover in preceding year > Rs. 1.50 Cr but < Rs. 5.00 Cr and at four digits level for taxpayers having annual turnover > Rs. 5.00 Cr.
For live Demo of GSTR 1 Filing - https://www.youtube.com/watch?v=Nz1gL7JvPSg&t=46s
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