What is GSTR-1?

GSTR-1 could be a monthly or quarterly return that should be filed by every registered dealer.

It contains details of all outward provides i.e sales.

The return has a total of 13 sections.

Who should file GSTR-1?

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.

Late Fees and Penalty

Late Fees for not filing GSTR-1 is Rs. 200 per day of delay (Rs. 100 as per CGST Act and Rs. 100 as per SGST Act. The late fees will be charged from the date after the due date.

Latest Update: The late fees have been reduced to Rs. 50 per day and Rs 20 per day (for nil return)

How to File Nil GSTR 1 Return on GST Portal

Should a dealer with Zero sales file GSTR 1?

A dealer has to file GSTR 1 even if he has no business activity in a month i.e. no sales in a month

In case of no outward supplies, a dealer has to file a Nil GSTR 1

How to file Nil GSTR 1?

Here is a step-by-step guide on how to file Nil GSTR 1 on GST Portal –

Step 1 – Login on GST Portal

Step 2 – Go to Services. In the drop down select Returns Dashboard.

Step 3 – Select month and year of filing from the drop-down.

Step 4 – Click on Prepare Online under GSTR 1 tile.

Step 5 – Enter details of Aggregate Turnover for Financial Year 2016-17 (i.e. for the period 1st April 2016 to 31st March 2017). Also Aggregate Turnover for the period 1st April 2017 to 30th June 2017 has to be provided.

Step 6 – Under GSTR 1 – Others click on 7 – B2C (Others) tile.

Step 7 – Click on ‘Add Details’.

Step 8 – Choose POS (Place of Supply) from the drop down and enter 0.00 (ZERO) in other fields. Click on Save.

Step 9 – Once saved you can see the details entered by you in a table. Click on Back.

Step 10 – Click on Generate GSTR 1 Summary

Step 11 – Select the check box and click on Preview.

Step 12 – Click on Submit. You can file your return by either using DSC or using EVC. Based on the choice click on File GSTR 1 with DSC or File GSTR 1 with EVC and file your Nil GSTR 1.

Once the return is filed an Acknowledgement will be displayed stating that the return has been file

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