GSTR 1: What are the Details of Outward Supplies Included in GSTR-1

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  • Last Updated on 2 December, 2022
 

 

 

The details of outward supplies of goods or services or both furnished in FORM GSTR- 1 shall include:

 

a) Invoice wise details of all:

  • Inter-state and intra-state supplies made to registered persons;
 
  • Inter-state supplies with invoice value more than two and a half lakh rupees made to unregistered persons
 

b) Consolidated details of all:

  • Intra-state supplies made to unregistered persons for each rate of tax;
 
  • State wise inter-state supplies with invoice value upto two and a half lakh rupees made to unregistered persons for each rate of tax.
 

c) Debit and Credit notes, 

 
Debit and Credit notes if any, issued during the month for invoices issued previously.
 

What would be the process in case details of supplies submitted by outward supplier are modified, deleted by the Recipient?

a) Communication would be sent to the supplier in Form GSTR-1A for

  • Supplies which have been deleted or modified by the recipient;
 
  • Supplies which were not declared by the supplier but have been included in the return by the recipient.
 
b) The registered person i.e. outward supplier who has been communicated the details pertaining to the inward supplies modified, deleted or included in the return by the recipient would have to perform either of the actions on the details so communicated.
  • Accept
 
  • Reject
 
c) The action of accepting or rejecting the details communicated to the outward supplier shall be done on or before seventeenth day but after the fifteenth day of the month succeeding the tax period.
 
d) On accepting or rejecting the details, the details as submitted by the outward supplier shall stand amended accordingly.
 

What is the procedure for Rectification of any error or omission in the details submitted by the outward supplier in GSTR-1? 

a) The registered person had furnish the details under sub-section (1) of section 37 for any tax period i.e. GSTR-1.
 
b) Such details furnished by the registered person had remained unmatched under section 42 or 43.
 
c) Rectification of error or omission can be made in the return to be furnished for the month during which error or omission is noticed.
 
d) The registered person would be required to pay tax along with interest, if any, in case the payment falls short on tax on account of such error or omission.
 
e) The tax and interest have to be deposited along with the return to be furnished for the tax period wherein such error or omission is rectified.
 
f) Such rectification of the error or omission in respect to the details furnished under sub-section (1) shall not be allowed after happening of either of the following two events:
 
  • Furnishing of the returns under section 39 for the month of September following the end of the financial year to which such details pertain, or
 
  • Furnishing of the relevant annual return.

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