News & Updates|| New enhancements in E-Way bill generation form to be rolled-out from October 1, 2018|| CBIC issues guidelines for deduction and deposit of TDS by DDO under GST
GST-1 2018-10-29T10:02:59+00:00

GSTR – 1

Let’s fulfil your GST Compliances

  • We help Passionate Enterpreneurs
  • We help to build
  • We help growing business

Contact Us

Under GST, all registered businesses/persons need to furnish details about the Sales and Purchases, made during a reporting month, on the GST Portal Online. Further, all those businesses where operations are Zero during the reporting month are required to file “Nil Return”.

GSTR-1

  • GSTR-1 is the form where the suppliers need to report their outward supplies during the reporting month.

  • GSTR-1, in easier words, is the detailed return prepared for the invoices raised by the businesses towards the buyers during the reporting period.

  • It is the starting point for passing input tax credits to the dealers.

  • It is mandatory to file GSTR-1 by all the registered taxable individuals by the due date mentioned by the department.

  • However, GSTR-1 has to be filed even if there is no business conducted during the reporting month as “Nil Return”.

  • To file GSTR-1 form, the facility is extended by the department through its common GSTN portal “GST.GOV.IN”

    • Supplier needs to login to the GSTN portal with the given User ID and password to file the return either online or offline or with the help of Experts at UnfoldingTax

Revision of GSTR-1

  • As of now the facility of revising GSTR-1 has not been extended by the department on its common portal.

Frequency of filing GSTR-1

For Taxpayers with Annual Turnover upto Rs. 1.5 Crore who opt for Quarterly return filing Quarterly
For Taxpayers with Annual Turnover of more than Rs. 1.5 Crore And upto Rs. 1.5 Crore who opt for monthly return filing instead of Quarterly return filing Monthly

Due date filing GSTR-1

For Taxpayers with Annual Turnover upto Rs. 1.5 Crore who opt for Quarterly return filing

Period(Quarterly) Due Dates
July-September,2017 10th January, 2018
October-December, 2017 15th February, 2018
January-March, 2018 30th April, 2018

For Taxpayers with Annual Turnover of more than Rs. 1.5 Crore And upto Rs. 1.5 Crore who opt for monthly return filing instead of Quarterly return filing

Period(Quarterly) Due Dates
July-September,2017 10th January, 2018
December, 2017 10th February, 2018
January, 2018 10th March, 2018
February, 2018 10th April, 2018
March, 2018 10th May, 2018

Note: Due dates are subject to change by the GST Committee from time to time.