GST return filing process: automated supplier upload, purchaser reconciliation, ITC determination, and draft return submission. The procedure requires suppliers to upload final GSTR-1 via the GST portal, with GSTN facilitating periodic uploads and offline preparation. GSTN ... Summary
The procedure requires suppliers to upload final GSTR-1 via the GST portal, with GSTN facilitating periodic uploads and offline preparation. GSTN auto-drafts provisional GSTR-2 for purchasers who may accept, modify or add invoices, reconcile with suppliers within a limited window, finalize liabilities and eligible ITC, generate draft GSTR-3 with auto-populated ledger balances, pay the net tax, debit ITC and cash ledgers, and submit the return.
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