GSTR 1 : Meaning, Due Date & Late Fee

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Sakshi Shah

GST
GST Portal
GST Return
GSTR-1
Last updated on February 3rd, 2023

The taxpayers furnish returns and statements to the tax administrator at regular intervals. These returns are a mode for the transfer of information to the tax administrators. The details of outward supplies of both goods and services under GST are required to be furnished by every registered person. The details of such outward supplies are furnished in Form GSTR 1.

GSTR 1 : Meaning

Form GSTR 1 is the monthly/quarterly statement of outward supplies of goods or/and services supplied by a registered taxpayer. The taxpayer have to file the Form on a monthly or quarterly basis depending upon the turnover of his business on GST Portal.

GSTR 1 : Contents

The GST Return comprises of the following information and details:

Contents of GSTR 1

Who should file GSTR 1?

All the registered person including casual registered person under GST should file the return except the following:

GSTR 1 : Revision

The taxpayer cannot revise GSTR 1. If the taxpayer discovers an error or omission in the GST Return, he can rectify the error by filing amendment invoices in the return of the next period. Upon filing for the rectification, the taxpayer can also make payment for any short payment of tax or the payment of tax and interest in the next GSTR-3B.

GSTR 1 Amendment

GSTR 1 : Due Date

The due date of filing the return is based on turnover of the business :

  1. File Monthly – If the aggregate turnover in the preceding financial year or the expected aggregate turnover in the current financial year exceeds INR 1.5 Cr.
  2. File Quarterly – If the aggregate turnover in the preceding financial year or the expected aggregate turnover in the current financial year is up to INR 1.5 Cr.
GSTR 1 Return Filing FrequencyDue Date
Monthly Filingon or before 11th of the subsequent month
Quarterly Filingon or before 13th of the month following the relevant quarter
GSTR 1 Due Date

For example, last date for filing GSTR 1 under quarterly filing for the quarter Jan-Feb-March will be 13th April.
However, If the taxpayer have opted for QRMP Scheme, he have to file quarterly return. The due date to file the return is by 13th of the month following the relevant quarter in such case.

In case you have chosen Opt-in for QRMP Scheme, you need to file both Form GSTR 1 and Form GSTR 3B quarterly only.
Tip
In case you have chosen Opt-in for QRMP Scheme, you need to file both Form GSTR 1 and Form GSTR 3B quarterly only.

GSTR 1 : Late Fees

If the taxpayer does not file GSTR 1 on or before the due date, he is liable to pay a Late Fee for each day of delay.

Tax Payable is greater than Nil

Late Fee for GSTR 1

Tax Payable is Nil

GSTR 1Late Fee for Nil Tax payment

How to download filed GSTR-1 on GST Portal?

To download filed GST Return on GST Portal, follow these steps:

  1. Log in to the account on GST Portal

  2. Click on Returns > View e-Filed Returns

  3. Select the Financial Year, Return Filing Period and Return Type

  4. You can view the Acknowledgment Number and Date of Filing of the GST Return

  5. The Review page of GST Return would be displayed

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FAQs

Is GSTR 1 filing mandatory?

Yes, Form GSTR 1 needs to be filed even if there is no business activity (Nil Return) in the tax period.

What are the available modes of preparing Form GSTR-1?

Form GSTR-1 can be prepared using the following modes:
1. Online entry on the GST Portal.
2. Uploading of invoice and other Form GSTR-1 data using Returns Offline Tool.
3. Using third party application of Application Software Provider (ASPs) through GST Suvidha Providers (GSPs) such as Quicko.

  • Devendra Kumar namaste says:

    What is the last date of filling GSTR1 FOR THE YEAR 17_18 by the supplier after which buyer will not be allowed inward tax credit even if he has claimed it in the month of purchase itself

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