BLOG on Income Tax Management for - AY 2022-23 & 2023-24

Outward Supply Statement (GSTR 1/GSTR 1A)
[Section 37 of CGST Act]

To understand the process of filing return, we have to appreciate the legal processes as specified under sections 37, 38 and 39 of the CGST/ UTGST Act, 2017.

As per sec. 37, the Return Rules and the GST business process, every registered person other than:

• ISD,

• Non-Resident Taxable Person,

• Taxpayer under Composition Scheme and

• TDS and TCS

shall furnish electronically following details:

(a) invoice wise details of all—

(i) inter-State and intra-State supplies made to registered persons;

(ii) inter-State supplies with invoice value more than two and a half lath rupees made to unregistered persons;

(b) consolidated details of all —

(i) intra-State supplies made to unregistered persons for each rate of tax; and

(ii) State wise inter-State supplies with invoice value less than two and a half lakh rupees made to unregistered persons for each rate of tax; and

(c) debit and credit notes, if any issued during the month for invoices issued previously.

GSTR 1 shall be filed before 10th day of the month succeeding the said tax period, which will be communicated (auto-populated) to the recipient of the said supplies in GSTR 2A format between 1 1th to 1 5th of the said succeeding month. The registered person shall however, not be permitted to furnish (file) GSTR 1 during 11^th. to 15th of the month succeeding the tax period.

B. The details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons as follows:

• Part A of Form GSTR-2A and

• Form GSTR-4A to the person paying tax under section 10 i.e. composition dealer

• Form GSTR-6A to the Input Service Distributor (ISD)

The jurisdictional Commissioner may, for the reasons to be recorded in writing, extend the time limit for filing such outward supply statement for the particular class of taxable persons.

The supplier of the goods or services shall either accept or reject the modification, addition or deletion of the invoice data by the:

• Recipient in Form GSTR-2 under section 38,

• Input Service Distributors in Form 6 and

• Composition dealer in Form GSTR-4.

Corrections done in GSTR-2, 4 or 6 will be populated in GSTR 1A and supplier of goods and or services shall either accept or reject the details on or before the 1 7th day but not before the 1 5th day of the succeeding month and GSTR 1 shall stand amended accordingly.

The Outward Supply Statement ( Sale) (GSTR 1 Return) has following main sections:

*SL No.*	*Detail*
1	Taxable outward supplies to a registered person.
2	Amendments to details of Outward Supplies to a registered person of earlier tax periods.
3	Taxable outward supplies to a consumer where Place of Supply (State Code) is other than the State where supplier is located (Inter-state supplies) and Invoice value is more than Rs 2.5 lakh.
4	Amendment to taxable outward supplies to a consumer of earlier tax periods where Place of Supply (State Code) is other than the State where supplier is located (Inter-state supplies) and Invoice value is more than Rs 2.5 lakh.
5	Taxable outward supplies to consumer (Other than 6 above).
6	Amendment to Taxable outward supplies to consumer of earlier tax periods [original supplies covered under 7 above in earlier tax period (s)].
7	Details of Credit/Debit Notes.
8	Amendment to Details of Credit/Debit Notes of earlier tax periods.
9	Nil rated, Exempted and Non GST outward supplies.
10	Supplies Exported (including deemed exports).
11	Tax liability arising on account of Time of Supply without issuance of Invoice in the same period.
12	Amendment to Tax liability arising on account of Time of Supply without issuance of Invoice in the same tax period.
13	Tax already paid (on advance receipt/on account of time of supply) on invoices issued in the current period.
14	Supplies made through e-commerce portals of other companies.
	Part 1 - Supplies made through e-commerce portals of other companies to Registered Taxable Persons.
	Part 2 - Supplies made through e-commerce portals of other companies to Unregistered Persons.
	Part 2A - Amendment to Supplies made through e-commerce portals of other companies to Unregistered Taxable Persons.
15	Invoices issued during the tax period including invoices issued in case of inward supplies received from unregistered persons liable for reverse charge.