Detailed Information about GSTR-1

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GST Returns online, GSTR 1

GSTR-1 is a monthly or quarterly return that is supposed to be filed by every registered dealer, registered under GST. GSTR-1 contains the details of outward supplies or Sales. All in all, this return has 13 sections.

What is the due date to file GSTR-1?

The due dates to file GSTR-1 varies depending on the turnover of the dealer. Businesses that have turnover of upto Rs. 1.5 Crore are supposed to file quarterly GST Returns. On the other hand, businesses that have turnover of more than Rs. 1.5 Crore are supposed to file Monthly GST Returns.

Here are the due dates to file GSTR-1 till March 2019.

QuarterDue date
Apr-Jun 201831st July 2018
Jul-Sept 201831st Oct 2018
Oct-Dec 201831st Jan 2019
Jan-Mar 201930th Apr 2019

For the businesses who have turnover of more than Rs. 1.5 Crore, they are supposed to file GSTR-1 on monthly basis. The monthly return is filed on the 11th day of the succeeding month.

Who is required to file GSTR-1?

Any business registered under GST is required to file GSTR-1, irrespective of whether there are any transactions during the month or not.

The following registered persons are exempt from filing the return:

  • Input Service Distributors
  • Composition Dealers
  • Suppliers of online information and database access or retrieval services (OIDAR), who have to pay tax on their own (as per Section 14 of the IGST Act)
  • Non-resident taxable person
  • Taxpayer liable to collect TCS
  • Taxpayer liable to deduct TDS

What is the penalty for the late filing of GSTR-1?

Generally, the late fees for the delayed filing of GSTR-1 is Rs. 200 per day i.e Rs. 100 under CGST and Rs. 100 SGST. Recently, the late fees is reduced to Rs. 100 that is, Rs. 50 under CGST and Rs. 50 under SGST. Those who are filing nil return, they are supposed pay Rs. 20 per, Rs. 10 under CGST and Rs. 10 under SGST.

How to Revise GSTR-1?

Once you file GSTR-1 you cannot revise it there and then, but you can rectify the mistake in the next month’s/ quarter’s return.

File your GST Returns online with All India ITR.

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