8. GSTR – 1 : Furnishing details of outward supplies –
Sec 37
A.)Invoice details of all outward supply of goods or services or both
Registered Person All inter / Intra State
Unregistered person Inter state Supply > Rs 2.5 lacs
B.)Consolidated details of all-
Unregistered person Intra state supplies for each rate of tax
Unregistered person State wise inter state supplies < Rs 2.5
Lacs for each rate of tax
C) Debit and credit notes
This return form will include:
9. Changes due to GST in day to day business
Invoice Information In Return:
A.) In case of Intra State Supply:
Mr. A carried out following transactions during tax period-
Sl No Buyer Registered or not Invoice value Rate of tax
1 B YES 1,000 5%
2 C NO 25,000 5%
3 D NO 5,000 5%
4 E NO 15,000 12%
5 H NO 3,00,000 12%
10. Treatment In Return
Seller Registration
Status
Value of
invoice
Invoice
no
Value Tax
B Registered
1000
Then invoice
wise details of
each invoice
irrespective of
invoice amount
Yes Yes Yes
C Unregistered 25000 Consolidated
details of Each
rate of tax-5%
Rs.
30,000
D Unregistered 5000
E Unregistered 15000 Consolidate
details of rate of
tax of 12%
Rs.
3,15,000
F Unregistered 300000
11.
B.) In case of Inter State Supply-
Mr. A carried out following transactions during tax period:
Sl
No
Buyer Registered or
not
State Invoice
value
Rate of tax
1 Raj Yes Maharashtra 1,000 5%
2 Kamal No Gujarat 1,50,000 12%
3 Hirabai No Gujarat 50,000 5%
4 Modi No Gujarat 1,50,000 5%
5 Josef No Goa 3,50,000 5%
Invoice Information In Return
12. Treatment In Return
Seller Registration
Status
Value of
invoice
Invoic
e no
Value Tax
Raj Registered 1,000 Then invoice wise
details of each invoice
irrespective of invoice
amount
Yes Yes Yes
Kamal Unregistered 1,50,000 Consolidated details of
Each rate of tax-12%
for each state
Rs
1,50,000
Hirabai Unregistered 50,000 Consolidate details of
rate of tax of 5% for
each state i.e Gujarat
Modi Unregistered 1,50,000 2,00,000
Josef Unregistered
3,50,000
As value is more than
2.5 lacs , individual
details of invoice
Yes 3,50,000 yes
15. GSTR – 3 : Form and manner of submission of
monthly return – Sec 39
Who is required to file
return
• Registered person When is to be filed?
20th of following month
Details required
• inward and outward
supplies of goods or
services, or both
• input tax credit availed,
(including TDS and TCS
• tax payable
• tax paid
16. Contents of GSTR – 3
Part A of the GSTR-3 shall be auto generated on the basis of the
information furnished through the Form GSTR-1 and GSTR-2, electronic
credit ledger, electronic cash ledger, electronic tax liability register of
such taxable person
Part B of GSTR-3 shall include details regarding liability towards tax,
interest, penalty, fees or any refund other amount payable under the Act
18. Claim of input tax credit and provisional
acceptance – Sec 41
Entitled to take credit
of eligible input tax, as
Self-assessed, in his
return on a provisional
basis in his electronic
credit ledger
This credit can only
be utilized for
payment of self-
assessed output tax
Registered
Person
19. Matching of claim of ITC – Sec 42
Details of every inward
supply furnished by a
recipient for a tax period
shall
The corresponding details of
outward supply furnished by the
‘supplier’ in his valid return
Be Matched with
with the IGST paid under section 3
of the Customs Tariff Act, 1975 (51
of 1975) in respect of goods
imported by him
Following things will also be
matched
1. GSTIN of supplier
2. GSTIN of recipient
3. Invoice or debit note no
4. Invoice or debit note date
5. Taxable value
6. Tax amount
20. Reasons of mismatching
Where the ITC claimed by a recipient in respect of
an inward supply is in excess of the tax declared
by the supplier for the same outward supply or it
is not declared by the supplier in his valid returns,
the discrepancy shall be communicated (both
parties)
The duplication of claims of input tax credit (shall
be communicated to the recipient )
22. Rectification of Discrepancy
A supplier to whom any discrepancy is made
available under sub-rule (1) may make
rectifications in the statement of outward supplies
to be furnished for the month in which the
discrepancy is made available
A recipient to whom any discrepancy is
made available under sub-rule (1) may make
suitable rectifications in the statement of
inward supplies to be furnished for the
month in which the discrepancy is made
available
23. What would happen if discrepancy
communicated not corrected
ITC shall be added to the
output tax liability of the
recipient
in his return to be
furnished in FORM
GSTR – 3
In his return for
the month
succeeding the
month in which
the discrepancy is
communicated
24. Final acceptance of input tax credit and communication
thereof
The final acceptance of claim of input tax credit in respect of any tax
period, specified in sub-section (2) of section 42, shall be available
electronically in FORM GST MIS -1 through the Common Portal
The claim of ITC in respect of any tax period which was earlier
mismatched but matched afterwards will be communicated in FORM
GST MIS - 1 through the Common Portal
26. GSTR – 9A : Annual Return
Annual return
By
Compounding
Taxpayer
In GSTR – 9A
For Format of all Returns Please visit www.aces.gov.in ,GST Section-
Draft Return Format