To generate a summary for filing GSTR-1, log in to the GST Portal, navigate to Returns Dashboard, select the period, and click "Prepare Online" for GSTR-1. Scroll to the bottom and click "GENERATE GSTR1 SUMMARY" to consolidate uploaded invoice data, which refreshes automatically every 30 minutes.
Steps to file the GSTR-1 summary
Here is a step by step guide to change invoice details
Form GSTR-1 is a monthly/quarterly Statement of Outward Supplies to be furnished by all normal and casual registered taxpayers making outward supplies of goods and services or both and contains details of outward supplies of goods and services.
Table 13 – Document Summary: Mandatory Filing: Reporting in Table 13 is now compulsory for all taxpayers from the May 2025 return period onward. Document types: Includes invoices, credit notes, debit notes, and revised invoices. Validation errors: If Table 13 is not filled, returns cannot be filed successfully.
If a business's annual revenue in the previous or current year surpasses 1.50 crore, on a monthly basis they must submit GSTR-1. The deadline for the current month's GSTR-1 filing is the 11th day of the subsequent month With a turnover less than Rs. 1.5 Crore have the option to file GSTR-1 on a quarterly basis.
Step 1: Ensure HSN Codes Are Added
To file a nil Form GSTR-1, perform the following steps:
GST is leviable only if aggregate turnover is more than 20 lacs. (Rs. 10 lacs in 11 special category States). For computing aggregate supplies turnover of all supplies made by you would be added.
GSTN will implement Phase-III of enhancing reporting of HSN summary in GSTR 1 from May 2025 tax period onwards. This is aimed at reducing errors, misclassification and bringing more clarity to GST filings. Businesses must adapt their return process to align with the new change of reporting HSN data.
Export GSTR-1 in Excel format
To file your first GST return, log into the GST portal, navigate to the return section, and fill out the required forms such as GSTR-1 and GSTR-3B with accurate details of your transactions. Can I file my GST return myself? Yes, you can file your GST return yourself through the GST portal.
GSTR 1A return can be generated after the 15th of every month by accessing the GST Portal. To view or download GSTR 1A, go to Services > Returns > Returns Dashboard. After selecting the financial year and tax period, GSTR-1A in the given period will be displayed.
For downloading filed GST SRM -I follow these steps:
How to Download GSTR-1
Step-by-Step: How to File GST Return Online
Businesses with annual sales of Rs. 40 lakhs or more for goods, and Rs. 20 lakhs or more for services, must register for GST. If the turnover exceeds the allowed threshold, there is a penalty for failing to register under GST.
While filing ITR, the GSTIN has to be mentioned in the relevant section of the form. This is important as it helps the government to cross-verify the financial transactions reported in the GST returns and the income tax returns. It also helps to identify any discrepancies or mismatches in the reported figures.
One such common mistake is reflecting wrong details under zero-rated supplies and deemed exports. Such mistake of mentioning details of outward supplies under the wrong head should be avoided while filing a GSTR-1 return.
ITR Filing Charges:
Salaried ITR Filing: ₹1,000/- Capital Gain / Share Gain-Loss ITR: ₹1,500/- Business ITR – 44AD Return: ₹2,000/- All other ITR Filing: ₹3,000/-
Scroll down to the bottom of the Form GSTR-1 – Details of outward supplies of goods or services page and click the GENERATE GSTR1 SUMMARY button. This will include the auto drafted details pending for action from recipients.
How to use the Monthly Tax and ITC Summary Report
To further refine compliance, the government has made HSN code reporting mandatory in GSTR-1, which businesses file either monthly or quarterly, depending on their turnover. Within GSTR-1, Table 12 serves as the dedicated section for providing HSN summary details.
A B2B invoice is issued for transactions between businesses, containing details like the supplier's and recipient's GSTINs, while a B2C invoice is issued for transactions between a business and a consumer and is simpler, with ITC claimable only on B2B purchases.