GSTR 1 is a GST return to submit monthly sale detail. Every registered dealer must file GSTR 1 return on 20th of every month for the last month period.
The GSTR 1 return must file by every registered dealer even have no sale during previous month. It must be filed by zero value.
GSTR 1 Return Due Dates
- The due date for the month of July 2017 is
5th September 2017.(Due Date Extended up to 10th September 2017) Update on 09-09-2017 (Due date further extended up to 10th October 2017) – Check here
- The due date for the month of August 2017 is 20th September 2017.
- From the month September onward the due date to file GSTR 1 is 10th of every month.
Persons Required to File GSTR 1
- Every registered persons who has GSTIN required to file GSTR 1 without any delay.
- Every registered persons means every registered person even if you have no sale during the previous month. You must file zero return.
Person Not Required to File GSTR 1
GSTR-1 need not to be filed by every person i.e. there are some exceptions to this return. Following are the person which are not required to file GSTR-1:
- Input Service Distributor
- A non-resident taxable person
- Person paying tax under Composition scheme (Section 10)
- Person paying TDS (Section 51)
- E-commerce operator paying TCS (Section 52)
How to File GSTR 1
- GSTR 1 can be filed only by GST common portal. No physically GSTR 1 will be accepted by any Government department.
- There are total 13 section to fill GSTR 1.
- These 13 section can be filed by offline tool provided by GST common portal or you can file it itself on GST common portal. We will cover the complete procedure to file GSTR 1 in our next article.
- After filing required columns you have to submit and e-verify GSTR 1.
- You can e-verify GSTR1 with EVC option or DSC option.
GSTR 1 – 11 Sections to Filed
There are 11 sections to fill in GSTR 1 then you can submit and e-verify GSTR 1 as follows:
Invoice-wise details should be submitted in case of intra-state supplies (between one state) and inter-state supplies (between different states) to a registered person. Here registered person means who have GSTIN.
2) GSTR 1 – B2C (Business to Consumer) Sales Detail
In a situation of inter-state supplies to an unregistered person (Who have not GSTIN) where invoice value is more than Rs.2.5 lakh, invoice wise details should be submitted but if the value of invoice is less than Rs.2.5 lakh, consolidated State-wise details should be submitted.
3) GSTR 1 – Credit/Debit Notes (Registered)
4) GSTR 1 – Credit/Debit Notes (Unregistered)
Enter here all export sales detail.
6) GSTR 1 – B2C (Others) Sales Details
Enter here sales detail/invoices to business to unregistered dealers/consumers having value less than Rs.2,50,000.
7) GSTR 1 – Nil Rated Supplies
Enter here intra state and interested sale NIl rated supplies, exempted and Non-GST supplies.
8) GSTR 1 – Tax Liability (Advance Received)
Enter here all advance received against future supplies.