TaxTMI 
TaxTMI 
Furnishing the details of outward supplies other than QRMP [Section 37(1)]
X X X X Extracts X X X X
X X X X Extracts X X X X
....TR-1: - Every registered person, other than * an Input Service Distributor, * a non-resident taxable person and * a person paying tax under the provisions of section 10 or * TDS deductor section 51 or * TCS collecting section 52, or shall furnish, electronically, the details of outward supplies of goods or services or both the details of outward supplies of goods or services or both, under section 37, shall furnish such details in FORM GSTR-1 for the month as the case may be, electronically through the common portal. [ Section 37(1) ] * Frequency of Filling of GSTR-1 * Every registered person, other than a person referred to in section 14 (OIDAR) of the IGST Act, 2017, required to fu....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... the month succeeding the said tax period. * Extension of time limit for furnishing the details of outward supplies in FORM GSTR-1 - Seeks to extend the due date for FORM GSTR-1 from N.No. 83/2020 Central Tax dated 10/11/2020. Periodicity of furnishing of GSTR-1 * GSTR 1 shall be filed before 10th day of the month succeeding the said tax period, which will be communicated (auto-populated) to the recipient of the said supplies in GSTR 2A format between 11th to 15th of the said succeeding month. The registered person shall however, not be permitted to furnish (file) GSTR 1 during 11th to 15th of the month succeeding the tax period. * The details of outward supplies furnished by the supplier shall be made available e....
X X X X Extracts X X X X
X X X X Extracts X X X X
....f outward supplies or statement through a short messaging service using the registered mobile number and the said return or the details of outward supplies or statement shall be verified by a registered mobile number based One Time Password facility. Components of GSTR-1 As per rule 59(4) of CGST Rules * The details of outward supplies of goods or services or both furnished in FORM GSTR-1 shall include the- * (a) invoice wise details of all - * (i) inter-State and intra-State supplies made to the registered persons; and * (ii) Upto 31st July 2024, inter-State supplies with invoice value more than Rs. 2.5 lakh rupees made to the unregistered persons; * (iii) from 1st August 2024, inter-State suppli....
X X X X Extracts X X X X
X X X X Extracts X X X X
....) State wise inter-State supplies with invoice value upto one lakh rupees made to unregistered persons for each rate of tax; * (c) debit and credit notes, if any, issued during the month for invoices issued previously.". Restrictions in furnishing of form GSTR-1/IFF As per Rule 59(6), Notwithstanding anything contained in this rule, in case of defaulting of return in form GSTR-3B, restriction have been prescribed from filling Form GSTR-1 of IFF, as the case may be follow. * He shall not be allowed to furnish the details of outward supplies of goods or services or both in FORM GSTR-1, if he has not furnished the return in FORM GSTR-3B for the preceding month. * A registered person, as per the rule 88C(1) ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....evant provision regarding furnishing outward details (i.e. GSTR-1) * a) GSTR-1 Can file before the end of the current tax period * No, A taxpayer cannot file GSTR-1 before the end of the current tax period. However, following are the exception to this rule * a) Casual taxable person * b) Cancellation of GSTN of normal taxpayer * a taxpayer who has applied for cancellation of registration will be allowed to file GSTR-1 after confirming receipt of the application. * b) Necessary to file GSTR-1, even if no business activity in any tax period. * Filling of GSTR-1 is mandatory for all normal and casual taxpayer even if there is no business activity in any particular period. for such period a nil GSTR-1 is required to be ....