What is GSTR-1 under GST?

Author
By Sakshi Shah on February 18, 2019

GSTR 1 is the statement of outward supplies of goods or/and services supplied by a registered taxpayer during the return period. A taxpayer registered under the normal scheme must file GSTR-1 on a monthly or quarterly basis depending upon the turnover of his business.

Who should file GSTR-1 under GST?

What information is required to be reported under GSTR-1?

GSTR-1 comprises of the following details:

  1. GSTIN i.e. GST Identification Number of the taxpayer
  2. Legal Name of the business
  3. Aggregate Turnover of the business in the previous financial year
  4. Return period i.e. the month or quarter for which the return is filed
  5. B2B Sales – Sales made to registered taxpayers holding a valid GSTIN
  6. B2C Large
    • Interstate sales made to unregistered persons for an invoice value exceeding Rs.2.5 lacs
  7. B2C Others
    • Intrastate sales made to unregistered persons irrespective of the invoice value
    • Interstate sales made to unregistered persons for an invoice value up to Rs.2.5 lacs
  8. Amendments to Sales – The taxpayer should report details of any changes in the sales invoices in the return of earlier tax period under B2B Amendments, B2C Large Amendments and B2C Others Amendments
  9. Credit Note / Debit Note – Notes issued for a revision in the value of invoice or revision in the amount of tax or sales return must be reported under this section
  10. Amendments to Notes –  details of amendments made to the credit notes or debit notes reported in the return of earlier tax period
  11. Nil-Rated, Non-GST and Exempt supplies
  12. Exports – Sales made to persons outside India including Deemed Exports and SEZ Supplies
  13. Amendments to Exports – details of amendments made to the exports reported in the return of earlier tax period
  14. HSN Summary – summary of sales of goods and services categorised on basis of HSN or SAC Codes
  15. Document Summary – summary of invoices, notes, delivery challan etc issued and cancelled during the return period
How to file GSTR 1 online on GST Portal?