Hello, in this post we will discuss all GSTR 1. We will cover the following:

What is GSTR 1?

GSTR 1 is a monthly return filed by regular registered dealers who need to capture all the outward supplies i.e., Sales made during the particular month.

GSTR-1 - Meaning, due date, eligibility, late fees, Format 1Who should file GSTR-1?

  • For traders having turnover upto Rs. 1.5 crores per annum, GSTR-1 should be filed on a quarterly basis.
  • For traders whose annual turnover exceeds Rs.1.5 crores, GSTR-1 should be filed on a monthly basis.

GSTR-1 due date

Here the due dates to file GSTR-1 for the year 2018.

Period (quarterly) Due date
Apr-Jun 31st Jul 2018
Jul-Sept  31st Oct 2018
Oct-Dec 31st Jan 2019
Jan-Mar 30th Apr 2019
Period (Monthly) Due date
July 2017 – September 2018 31st October 2018
October  11th November 2018
November 11th December 2018

GSTR-1 Late fees and Penalty

The late fees for not filing GSTR-1 on or before the due date is Rs. 200 per day of the delay (i.e., As per CGST act Rs. 100 and as per SGST act Rs. 100). It will be charged from the date after the due date.

GSTR 1 Format

The following details of a tax period have to be furnished in GSTR-1:

  • In GSTR-1, the Invoice level details of supplies to registered persons including those having UIN should be furnished.
  • Invoice level details of Inter-State supplies of invoice value greater than Rs. 2,50,000 to unregistered persons (consumers);
  • The details of Credit / Debit Notes issued by the supplier against invoices;
  • Details of the export of goods and services including deemed exports (SEZ);
  • Summarised state-level details of supplies to unregistered persons (consumers);
  • Summary Details of Advances received in relation to future supply and their adjustment;
  • Details of any amendments effected to the reported information for either of the above categories;
  • Nil- rated, exempted, and non-GST supplies; and
  • HSN / SAC wise summary of outward supplies.

Download the GSTR-1 format in PDF form.

Pre-requisites while filing GSTR-1

  • You must be a registered taxpayer and should have an active GSTIN during the tax period for which GSTR-1 has to be furnished
  • The taxpayer should have proper valid login credentials (i.e., User ID and password) to login into GST Portal
  • The taxpayer should have an active and non-expired / revoked digital signature (DSC), in case the digital signature is mandatory;
  • In any case, the taxpayer wants to use EVC, they must have access to the registered mobile number of the Primary Authorized Signatory

FAQ’s on GSTR-1

1. Is it mandatory to file GSTR-1?

You need to file GSTR-1 even if there is no business activity (Nil Return) in the tax period.

2. I have already opted for Quarterly filing of GSTR-1 return. Can I change my preference now?

If you have not filed any return during the Financial Year according to the original frequency then the facility to change frequency is available.

3. When can I opt for Quarterly filing of GSTR-1 return?

You can opt for Quarterly filing of GSTR-1 return under the following condition:

If your turnover during the preceding financial year was upto Rs. 1.5 Crore; or if you are registered during the current financial year and expect your aggregate turnover during FY 2017-2018 to be upto Rs. 1.5 Crores.

4. Until when can changes be made to the uploaded invoice details?

The taxpayers can modify / delete invoices any number of times till they submit the GSTR-1 of that particular tax period.

The uploaded invoice details are in a draft version, and you can change it irrespective of due date until the GSTR-1 is submitted.

5. Can I revise GSTR-1 after filing?

Return once filed cannot be revised. Any mistake made in the return can be rectified in the next periods (monthly /quarterly) return. For e.g., if a mistake is made in September GSTR-1, rectification for the same can be made in October’s GSTR-1.

6. Does a taxpayer need to electronically sign GSTR-1 after successful submission of GSTR-1?

Yes, a taxpayer needs to electronically sign the GSTR-1 after successfully submitting it, otherwise, GSTR-1 will be considered as “not filed”. The successful submission freezes the GSTR-1 and no changes can be made by taxpayer thereafter.

7. What are communications received after the successful filing of GSTR-1?

  • On the successful filing of GSTR-1, an Application Reference Number (ARN) gets generated.
  • An SMS and email are also sent to the taxpayer on their registered Mobile Number and Email ID of his/her primary authorised signatory.

You can also see how GSTR-1 works in Saral GST