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Important points to be remember for filling GSTR-1

Its time to file GSTR-1 first time. So before filling or when you are filling the GSTR 1  followings points to be take care so that your return will be filled within time and without any error :-

Sr. No.

Particulars

Details

1.

Aggregate Turnover

  • April 2016-17 Turnover – Before entering this figure reconcile with your statutory return
  • April17- June17 Turnover - Before entering this figure reconcile with your statutory return

2.

Supplies to Registered Dealer

GSTIN

Invoice details:-

  • Inv Number, Date, Taxable Value
  • Tax Rate, Place of Supply(state)

3.

Supplies attracting RCM

Invoice details:-

  • Inv Number, Date, Taxable Value
  • Tax Rate, Place of Supply(state)

4.

Supplies Interstate to Unregistered Dealers having invoice value above 2.5 lakhs

Invoice details:-

  • Inv Number, Date, Taxable Value
  • Tax Rate, Place of Supply(state)

5.

Zero rated and deemed supplies

Invoice details:-

  • Inv Number, Date, Taxable Value
  • Tax Rate, Place of Supply(state)
  • Bill of Entry/shipping bill number and date.

6.

Supply to URD(except in col.4)

Invoice details(consolidated):-

  • Taxable value, Rate, Tax, Place of supply

7.

Supplies to Ecommerce

GSTIN

Invoice details:-

  • Inv Number, Date,Taxable Value
  • Tax Rate, Place of Supply(state)

8.

Summary of (Nil rated ,Exempted, Non Gst supplies)— -not all in total ,separately each

In below manner:-

  • Inter-state supplies to RD
  • Intra-state supplies to RD
  • Inter-state supplies to URD
  • Intra-state supplies to URD

9.

In case of Debit note, Credit note, Refund voucher— TO REGISTERED DEALER

If document against original invoice:-

  • Original Invoice Number, date
  • Document number, date, value, tax, rate, place of supply.

If document against already issued dr/cr/refund voucher:-

  • Original dr/cr/refund voucher number,date.
  • Document number, date, value, tax, rate, place of supply.

10.

In case of Debit note, Credit note, Refund voucher— TO UNREGISTERED DEALER

  • Original Invoice Number, date
  • Document number, date, value, tax, rate, place of supply.

11.

 

 

 

Advances received/adjusted

 

 

 

Advance received and no invoice in same month:-

  • Gross value, Net value,Rate, Place of supply.

Advances adjusted (which were shown in previous return):-

  • Gross value, Net value,Rate, Place of supply.

12.                  

HSN-Wise Summary of outward supplies(refer note 2)

HSN Code*,UQC,Total Qty,Total value,Total Taxable value,Tax

13.                  

Documents issued during tax period

 

Nature of document

Sr. No.

Total number

Cancelled

Net issued

 

From

To

     
           

1. Invoices for outward supply

2. Invoices for inward supply from unregistered person

3. Revised Invoice

4. Debit Note

5. Credit Note

6. Receipt voucher

7. Payment Voucher

8. Refund voucher

9. Delivery Challan for job work

10. Delivery Challan for supply on approval

11. Delivery Challan in case of liquid gas

12. Delivery Challan in cases other than by way of supply (excluding at S no. 9 to 11)

 

 



Author : SUNIL MITTAL

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