Scribd Logo
Upload

Welcome to Scribd!

  • GSTR-1 - Process

    Uploaded by

    Shivam Sharma
    16 views3 pages
    Step 1 involves furnishing invoice-level details in Form GSTR-1 including supplies to registered and unregistered persons, credit/debit notes, exports, state-wise summaries, advances, and amendments. Step 2 requires filling the GSTR-1 sale data in an attached excel format. Step 3 determines if the return will be filed by the taxpayer or chartered accountant, and the appropriate filing method of DSC, OTP, or email. Step 4 is to save the filed GSTR-1 return in the accounts department system and Google Drive. Step 5 is to reconcile the furnished return by double checking the data and receipt file match.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Step 1 involves furnishing invoice-level details in Form GSTR-1 including supplies to registered and unregistered persons, credit/debit notes, exports, state-wise summaries, advances, and amendments. Step 2 requires filling the GSTR-1 sale data in an attached excel format. Step 3 determines if the return will be filed by the taxpayer or chartered accountant, and the appropriate filing method of DSC, OTP, or email. Step 4 is to save the filed GSTR-1 return in the accounts department system and Google Drive. Step 5 is to reconcile the furnished return by double checking the data and receipt file match.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    16 views3 pages

    GSTR-1 - Process

    Uploaded by

    Shivam Sharma
    Step 1 involves furnishing invoice-level details in Form GSTR-1 including supplies to registered and unregistered persons, credit/debit notes, exports, state-wise summaries, advances, and amendments. Step 2 requires filling the GSTR-1 sale data in an attached excel format. Step 3 determines if the return will be filed by the taxpayer or chartered accountant, and the appropriate filing method of DSC, OTP, or email. Step 4 is to save the filed GSTR-1 return in the accounts department system and Google Drive. Step 5 is to reconcile the furnished return by double checking the data and receipt file match.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Steps

    Step - 1
    (Furnishing Details)

    Step - 2 (Data)
    Step - 3 (Filing)
    Step - 4 (Save)
    Step - 5 (Reconcilation)
    Particulars
    The following details of a tax period have to be furnished in Form GSTR-1:
    a. Invoice level details of supplies to registered persons including those having UIN;

    b. Invoice level details of Inter- State supplies of invoice value greater than Rs. 2,50,000 to unregistered persons
    (consumers);
    c. Details of Credit/Debit Notes issued by the supplier against invoices;
    d. Details of export of goods and services including deemed exports (SEZ);
    e. Summarised state level details of supplies to unregistered persons (consumers);
    f. Summary Details of Advances received in relation to future supply and their adjustment;
    g. Details of any amendments effected to the reported information for either of the above categories;
    h. Nil- rated, exempted, and non-GST supplies; and
    i. HSN/SAC wise summary of outward supplies.

    GSTR-1 Sale Data should be fill up in the excel file (As per the attached format)

    It is to check whether it is to file self or by CA.


    If by Self - Then by file it by DSC or OTP
    If by CA - Then share the data on mail

    After Filing of return GSTR-1 then gst return should be save in accounts dept. system & after in google drive

    Double check the furnished return & tally data & receipt file (Whether it is matching or not)
    Remarks

    You might also like