GSTR 1 filing Process

GSTR 1 filing Process through Video

All About GSTR-1 filing Process

Every registered dealer is required to follow GSTR-1  filing process every month. The return form will contain details of all outward supplies made by the Taxpayer during the month.

The due date for GSTR-1 is usually 10th of next month. The GSTR-1 due dates for the months July and August are September  5th and September 20th respectively.

The return can be filed on GST Portal. But there are some problems that you will face:

  1. If the number of sales invoice is more than 500, GST Offline Utility has to be downloaded and return file needs to be generated from this offline utility.
  2. No option to perform the bulk action on invoices
  3. HSN wise summary has to be manually filled in

 

Here is a step-by-step guide to filing GST return GSTR-1 on GST Portal:

The Goods and Services Tax has changed the Indian tax collection framework. The GST Act was passed in the Lok Sabha on 29th March 2017 and came into effect from first July 2017. GST filing is a solitary assessment of the supply of goods and services, right from the producer to the consumer.

Credits of input taxes paid at each stage will be available in the resulting phase of significant worth expansion, which makes GST filing basically a tax only on value addition at each stage.

Get your Business compliant with Goods and service tax and file periodic GST returns under Alchemist Consultants GST experts guidance. Get GST Compliant!

Share It
Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Previous Post
Exporters to discuss on GST refunds
About GST GST News Latest GST News

CBEC member holds meeting with exporters to discuss on GST refunds

Next Post
GST refund issue
About GST GST BLOGS

E-wallet Now address GST refund issue of exporters Says Suresh Prabhu

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.