GSTR-1 – Outward Supplies

GSTR-1 – Outward Supplies is a monthly or quarterly return that every registered GST taxpayer (except a few exempt categories) must file to report all outward supplies of goods and services.

✅ Key Features of GSTR-1:
Purpose: It captures details of all sales or outward supplies made during a tax period.

Filing Frequency:

Monthly: For businesses with turnover above ₹5 crore or those who have opted out of QRMP.

Quarterly (under QRMP scheme): For businesses with turnover up to ₹5 crore.

Due Dates:

Monthly: 11th of the next month.

Quarterly: 13th of the month following the quarter.

📄 What to Include in GSTR-1:
B2B Supplies – Sales to registered businesses (with GSTIN).

B2C Large – Interstate sales over ₹2.5 lakh to unregistered persons.

B2C Small – Sales to unregistered persons not covered under B2C Large.

Exports – Including deemed exports.

Credit/Debit Notes – Issued against invoices.

Advance Receipts – For which invoice is not yet issued (in case of services).

Amendments – Corrections to previously reported invoices.

🚫 Who is Not Required to File GSTR-1:
Composition scheme taxpayers (they file GSTR-4).

Input Service Distributors (file GSTR-6).

Non-resident taxable persons (file GSTR-5).

Taxpayers with nil outward supplies can file a Nil GSTR-1.

📌 Important Notes:
GSTR-1 cannot be revised once filed. Corrections, if needed, must be made in the next return.

Details filed in GSTR-1 are auto-populated in GSTR-2A and GSTR-2B for the recipient.

Filing GSTR-1 is mandatory, even if there are no outward supplies.