GSTTaxation

GSTR-1 Filing Due Dates

The GSTR-1 filing due dates have been relaxed as a result of the ongoing COVID-19 pandemic. Here’s a look at the updated filing dates.

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The switch to the GST (Goods and Services Tax) regime has drastically transformed India’s taxation system and economy. GST has helped bring numerous indirect taxes under one umbrella, making tax payment simpler and more straightforward. 

All GST registered taxpayers who have an annual turnover of over ₹5 crores must file their GSTR-1 every month. GSTR-1 is a monthly return that summarises a taxpayer’s sales (outward supplies). Some taxpayers even have the option of filing their GSTR-1 every quarter. Here’s a quick look at everything you need to know about GSTR-1 filing, including the GSTR-1 Filing due date and the GSTR-1 filing process. 

FILE YOUR GSTR-1 NOW

GSTR-1 Filing Format

All GST registered taxpayers must file their GSTR-1 either on a monthly or quarterly basis. GSTR-1 essentially contains details regarding outward supplies and sales, and the form contains 13 different sections, as follows –

Section Information Required
Tables 1, 2 & 3 GSTIN, legal and trade names, and aggregate turnover in the previous year
Table 4 Taxable outward supplies made to registered persons (must include even UIN-holders).
Table 5 Taxable inter-state outward supplies to unregistered persons where the invoice amount exceeds ₹2.5 lakhs
Table 6 Zero-rated supplies and deemed exports
Table 7 Outward supplies to registered persons (including UIN holders) that are taxable, except zero-rated supplies and deemed exports
Table 8 Nil returns, exempt and non-GST supplies 
Table 9 Modifications to taxable outward supplies are stated in tables 4,5, & 6 of the GSTR-1 return for previous tax periods (including debit notes, credit notes, refund vouchers issued during the current period)
Table 10 Amendments to previous months’ taxable sales/supplies to unregistered businesses.
Table 11 Details of advances received or adjusted in the current tax period and changes to information submitted in the previous tax period.
Table 12 HSN-wise summary of outward supplies.
Table 13 Documents issued throughout the month (must include the serial numbers of the invoices, credit notes and debit notes issued during the month).

GSTR-1 Filing Exemption

All GST payers and business owners must file their GSTR-1 even if

they do not have any turnover. However, the following individuals are exempt from having to file a GSTR-1 return:

  1. Taxpayers who have opted for the composition scheme
  2. Input service distributors
  3. Suppliers who offer database access, online information, or retrieval services
  4. Suppliers who pay tax by themselves (Section 14 of IGST Act)
  5. Non-resident taxable individuals
  6. Taxpayers collecting TCS
  7. Taxpayers deducting TDS.

What Is the GSTR-1 Filing Due Date?

Businesses annual turnover of up to ₹5 crores can file quarterly. Businesses having an annual turnover of more than ₹5 crores, on the other hand, must file monthly. The GSTR-1 filing due dates have been relaxed as a result of the ongoing COVID-19 pandemic. Here’s a look at the updated filing dates.

Return Turnover Limit Period Due Date
Monthly GSTR-1

Greater than 5 crores

     

January 2021 11 Feb 2021
February 2021 11 March 2021
March 2021 11 April 2021
April 2021

26 May 2021

(Extended Deadline)

May 2021

26 June 2021

(Extended Deadline)

June 2021 11 July 2021
July 2021 11 August 2021
August 2021 11 September 2021
September 2021 11 October 2021
October 2021 11 November 2021
November 2021 11 December 2021
December 2021 11 January 2021

The extended due dates from June 2021 and onwards for GSTR-1 are yet to be notified by the CBIC, as of 21 July 2021.

The CBIC has announced that no late fees will be levied if the return is filed within 30 days of the original due date for the quarter ending 31 March 2021. The government has further relaxed the levy of interest for non-payment, short payment, or delay in payment of tax dues for April and May 2021.

How Do We File GSTR-1 Online?

Step 1

First and foremost, users have to log in to the official GST portal

Step 2

From the homepage, users should then land on Services>>Returns>>Returns Dashboard

Step 3

Thereafter, you will see an option to file your returns. Choose the appropriate assessment year and month

Step 4

Next, you must determine whether you want to prepare the return online or offline

Step 5

Provide details regarding outward supplies. The figure inputted must include the aggregate turnover

Step 6

After which, you will have to fill in the invoices as required. The various GSTR-1 invoices include:

  1. Invoices 4A, 4B, 4C, 6B, and 6C, for B2B invoices
  2. Invoices 5A and 5B, for B2C invoices
  3. Invoice 9B, which are registered credit or debit notes 
  4. Further, Invoice 9B, for unregistered credit or debit notes 
  5. Invoice 6A, for  export invoices
  6. BC invoices less than ₹2.5 lakhs
  7. Invoices 8A, 8B, 8C, and 8D, for nil-rated supplies
  8. Likewise, Invoices 11A(1) and 11A(2), for advances received
  9. Invoices 11B(1) and 11B(2), for the adjustments of advances 
  10. HSN summary of outward supplies
  11. Issued documents

Step 7

You can finish the process by agreeing to the declaration at the end.

GSTR-1 filing is not everyone’s cup of tea. It is a complicated and tedious task, best entrusted with GST specialists such as Vakilsearch. Get help from us today!

Nil GSTR-1 Filing via SMS

As of July 2020, taxpayers have the option of filing NIL GSTR-1 via SMS in the following manner:

SMS Format for NIL GSTR-1 Filing: NIL>>space>>R1>>space>>GSTIN>>space>>Tax period (MMYYYY)

  1. Send an SMS in the above-mentioned format to 14409
  2. Upon sending the message, you will receive a 6-digit code
  3. To confirm the GSTR-1 filing, you must then send the following SMS to 14409 CNF>>space>>R1>>space>>6-Digit-Code
  4. After successful validation of the request, you will receive an acknowledgement SMS to your registered mobile number
  5. Users can send the following SMS to 14409 for assistance with the GSTR-1 filing process: HELP>>space>> Return type (R1).

Interests and Penalties for Not Filing GST

The GST regime requires dealers to file their returns on time to ensure compliance. Non-compliance leads to the levy of interests and penalties. Here is a bird’s view of the same.

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