ClearTax GST www.cleartax.com/GST [email protected]080-67458707 Seamless GSTR 1 filing via ClearTax: - Create/ import data to ClearTax GST - Prepare invoice summary - Upload invoices to government portal - File GSTR-1 on government portal Everything about GSTR 1 form Guide to GSTR-1 PREPARE GSTR 1 NOW
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● Get invoice data into ClearTax GST software ○ Automatically:
■ If you use ClearTax GST software to create bills■ If you’ve already imported invoice data to ClearTax GST to prepare your 3B return
○ With a single click:■ If you are using Tally, Busy or Government’s GSTR 1 Offline Utility■ If you are using any other billing solutions (digital billbooks or paper billbooks)
● Prepare invoice summary
● Seamlessly upload all invoices to government portal
● File GSTR 1
Seamless & accurate GSTR 1 filing with ClearTax GST
Just 1-click to get your invoice data into ClearTax GST
● You need not do anything to get your data to ClearTax GST if:○ you use ClearTax GST software to create bills/invoices, you need not do anything○ you’ve already imported invoice data to ClearTax GST to prepare your 3B return
Start preparing your invoice summary now
● If you are using Tally, Busy or Government’s GSTR 1 Offline Utility, export GSTR1 data & 1-click data import into Cleartax GST
● If you are using any other billing solutions (digital billbooks or paper billbooks), use ClearTax excel templates, fill the data & 1-click data import into ClearTax GST
Part 1(a) : If you create bills using ClearTax GST or if you’ve already imported invoice data to ClearTax GST to prepare 3B returnClearTax GST will auto-populate all your invoices and prepare GSTR 1 without you needing to do anything. You just need to review, upload and file on GST
● The Complete Excel files zip contains following files○ Sales Invoice Template - to create all invoices issued for outward supplies○ Sales CDN Template - to create all credit and debit notes against the sales invoices○ Advance Receipt Template - to create all the advance receipts○ Purchase Invoice Template - to record all invoices issued to you for inward supplies○ Purchase CDN Template - to record credit & debit notes against purchase invoices ○ Advance Payment Template - to record all the advance payments that you made against which invoice
is raised or yet to be raised
● For the purpose of GSTR 1, fill only the Excel details highlighted in Yellow
Step 1. Download & Fill Relevant Excel Files for your Business
● Monthly return that should be filed by every registered business
● Details of outward supplies
● Due dates for filing GSTR 1:○ For Transactions in July 2017 — Due Date: 5th September 2017○ For Transactions in August 2017 — Due Date: 20th September 2017
● A total of 13 sections to be filled in every GSTR 1 form
Who needs to file GSTR 1? ● Every person registered under GST● For each GSTIN, separate GSTR 1 to be filed● NIL GSTR 1 must be filed, if there is no transaction during the month ● However, the following registrants do not have to file GSTR 1
● Input Service Distributors● Composition Taxable Person● Suppliers of online information and database access or retrieval services
(OIDAR), who have to pay tax themselves ● Non-resident taxable person● Taxpayer liable to collect TCS or deduct TDS
All B2B supplies should be mentioned in this section.
4A. Under this head invoice wise details of all supplies made other than those under reverse charge and supplies made through e-commerce operator should be mentioned in this section.
4B. All outward supplies on which reverse charge is applicable and which has been excluded in 4A should be shown here
4C. Supplies made through e-commerce operator which attract TCS has to be reported here. The details have to be rate wise or operation wise
Taxable outward supplies made to registered persons (including UIN-holders)
All type of zero-rated supplies, exports, deemed exports (supply to SEZ, EOUs) has to be mentioned under this head. A registered dealer has to give details of invoice, bill of export or shipping bill.
If you don’t have any exports, you can mention 0.1. Deemed Exports- These are those transactions in which goods supplied do not leave country, and the payment for such supplies is received either in Indian rupees or in free foreign exchange. For example, supply of goods by a DTA (Domestic Tariff Area) to EOU (Export Oriented Unit) within India is deemed as an export of goods or service.2. Export under Bond/LUT- Supply of goods or services, or both, under bond or Letter of Undertaking, without payment of IGST is also considered as export. Businesses can then claim a refund of unutilised ITC on purchases of inputs used for supplying the exported goods or services.3. Export with IGST- Any exporter or United Nations or Embassy or other agencies/bodies which supplies goods or services, or both, after paying the IGST can claim refund of the IGST paid.4. Export to SEZ- Since supply of goods or services to SEZ is treated as zero-rated supply, hence no IGST will be paid.
Rate wise summary of all sales made during the month
● All sales including sales made through e-commerce operator has to be mentioned here. Also separate mention of supplies made through e-commerce operator should be declared here
● B2C interstate supply along with place of supply i.e. name of state where invoice value is upto Rs 2.5 lakhs should be specified here
All the other supplies whether nil rated, exempt or non-GST which has not been reported under any of the above needs to be reported under this head. This need to be further bifurcated into Inter-State, Intra-State to registered and unregistered persons.
Non-GST Outward Supplies
Examples of such goods
a) alcohol (for human consumption) b) petroleum products
viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel.
● HSN-wise summary of outward supplies: Registered dealer has to provide HSN wise summary of goods sold.
● Documents issued during the tax period: This head will include details of all invoices issues in a tax period, any kind of revised invoice, debit notes, credit notes etc.
Note: Range of invoice numbers issued, total number of invoices issued along with cancellations must be mentioned