GSTR-1

GSTR-1 is a monthly or quarterly return that captures details of all outward supplies of goods and services made by a GST-registered dealer during a tax period. It includes invoices issued for B2B supplies (to registered persons), B2C supplies (to unregistered persons), export of goods or services, debit notes, credit notes, and any advance received against a supply. The data in GSTR-1 flows auto-populated to the recipients' GSTR-2A (for viewing) and GSTR-2B (for claiming input tax credit). GSTR-1 filing frequency depends on turnover: registered persons with aggregate turnover up to ₹5 crore can opt for quarterly GSTR-1 filing with QRMP (Quarterly Return Monthly Payment) scheme; those above ₹5 crore must file monthly. GSTR-1 must be filed by the 10th or 11th of the following month (monthly filers) or by the 13th of the month following the quarter (quarterly filers). Filing GSTR-1 after the due date attracts a late fee of ₹50 per day (₹20 per day under QRMP) of delay, subject to a maximum of ₹10,000. GSTR-1 filed in GSTR-9 (annual return) reconciles with it. The Form includes 13 tables covering interstate and intrastate supplies, nil-rated, exempt, and non-GST supplies, and HSN-wise summary for taxpayers above ₹5 crore turnover.