GST Return Filing Regular
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Caption

file your regular GST return at GST Suvidha Centers.

GST Return Filing Regular

Every registered person paying GST is required to furnish an electronic return every calendar month. A “Tax Return” is a document that showcases the income of a registered taxpayer. Such a document needs to be filed with the tax authorities to pay tax to the government. The tax to be paid by a registered dealer depends upon the income declared by such a person in the tax return filed with the tax authorities.

Who should file?

Every registered person 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 themselves (as per Section 14 of the IGST Act)
 Non-resident taxable person
 Taxpayer liable to collect TCS
 Taxpayer liable to deduct TDS

How to revise GSTR-1?

Return once filed cannot be revised. Any mistake made in the return can be rectified in the next periods (month/quarter) return. It means that if a mistake is made in September GSTR-1, rectification for the same can be made in October’s GSTR-1.

What are the different terms used in the document of the proposal?

Uploaded Invoice
The invoices which are uploaded on the portal are called uploaded invoices. Uploaded invoices are the only valid documents to claim the input tax credit. Uploaded invoices shall be continuously visible to the recipient.

Accepted or locked invoice
The invoices which are accepted by the recipient are called accepted or locked invoices. The recipient can avail credit to the extent of these invoices. The invoices which are neither rejected nor kept on pending shall be treated as Deemed acceptance.

Rejected Invoice
Where the GSTN of the invoice is wrongly filled by the supplier, the invoice would appear on the viewing facility of the taxpayer who is not eligible to take the credit. In this case, the recipient shall report such invoices as rejected invoices.

Pending Invoice
This status of the invoice will be because of any of the three following reasons

 Supply has not been received.
 A recipient is of the view that the invoice needs to be amended.
 A recipient is not able to decide whether to take input credit for the time being.

Missing invoices
The invoices which are not uploaded by the supplier and recipient have claimed the credit is called Missing Invoices. The missing invoices shall be reported by the supplier in the main return for any period with interest or penalty as applicable.

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