GSTR 1 Return Checklist, Contents of GSTR 1, Indication of HSN codes

by
GSTR 1 Return Checklist
Table of Contents
1. GSTR-1 : Contents
2. GSTR 1 Return Checklist
3. GSTR-1 : Indication of HSN codes
4. GSTR-1 : Dr / Cr Notes

GSTR 1 Return Checklist, Contents of GSTR 1, Indication of HSN codes. GSTR 1 Details which are required from client side while filing the return. Hope it helps all and is useful. Form GSTR 1 is relevant for Details of outward supplies of goods or service. List of all documents require for filing GSTR 1 at GST Portal (gst.gov.in). Now check more details for GSTR 1 Return Checklist from below…

Must – How to File GSTR 1

GSTR-1 : Contents

GSTR 1 Return Checklist

Special File – Download GSTR 1 Excel Utility File by gst.gov.in

Sr.No.ParticularsDetails
1.Aggregate TurnoverApril 2016-17 Turnover

 

April17- June17 Turnover

2.Supplies to Registered DealerGSTIN

 

Invoice details:-

  • Inv Number, Date,Taxable Value
  • Tax Rate, Place of Supply(state)
3.Supplies attracting RCMInvoice details:-

 

  • Inv Number, Date,Taxable Value
  • Tax Rate, Place of Supply(state)
4.Supplies Interstate to Unregistered Dealers having invoice value above 2.5 lakhsInvoice details:-

 

  • Inv Number, Date, Taxable Value
  • Tax Rate, Place of Supply(state)
5.      Zero rated and deemed suppliesInvoice details:-

 

  • Inv Number, Date, Taxable Value
  • Tax Rate, Place of Supply(state)Bill of Entry/shipping bill number and date.
6.      Supply to URD(except in col.4)Invoice details(consolidated):-

 

  • Taxable value, Rate, Tax, Place of supply
7.      Supplies to EcommerceGSTIN

 

Invoice details:-

  • Inv Number, Date,Taxable Value
  • Tax Rate, Place of Supply(state)
8.      Summary of (Nil rated ,Exempted, Non Gst supplies)—-not all in total ,separately eachIn below manner:-

 

  • Inter-state supplies to RD
  • Intra-state supplies to RD
  • Inter-state supplies to URD
  • Intra-state supplies to URD
9.      In case of Debit note, Credit note, Refund voucher— TO REGISTERED DEALERIf document against original invoice:-

 

  • Original Invoice Number, date
  • Document number, date, value, tax, rate, place of supply.

If document against already issued dr/cr/refund voucher:-

  • Original dr/cr/refund voucher number,date.
  • Document number, date, value, tax, rate, place of supply.
10.   In case of Debit note, Credit note, Refund voucher— TO UNREGISTERED DEALER
  • Original Invoice Number, date
  • Document number, date, value, tax, rate, place of supply.
11.   Advances received/adjustedAdvance received and no invoice in same month:-

 

  • Gross value, Net value,Rate, Place of supply.

Advances adjusted (which were shown in previous return):-

  • Gross value, Net value,Rate, Place of supply.
12.   HSN-Wise Summary of outward supplies(refer note 2)HSN Code*,UQC,Total Qty,Total value,Total Taxable value,Tax
13.   Documents issued during tax period
  1. Invoices for outward supply
  2. Invoices for inward supply from unregistered person
  3. Revised Invoice
  4. Debit Note
  5. Credit Note
  6. Receipt voucher
  7. Payment Voucher
  8. Refund voucher
  9. Delivery Challan for job work
  10. Delivery Challan for supply on approval
  11. Delivery Challan in case of liquid gas
  12. Delivery Challan in cases other than by way of supply (excluding at S no. 9 to 11)

GSTR-1 : Indication of HSN codes

Special File – Download GSTR 1 Excel Utility File by gst.gov.in

Category of taxable person and turnover in the preceding financial yearAny taxpayer, irrespective of his turnover, may use HSN code at 6- digit or 8-digit level if he so desires.
Aggregate Turnover is < Rs 1.5 crores
  • HSN/SAC is not mandatory for taxable person whose aggregate turnover is less than 1.5 crores.
  • Hence, composition dealers may not be required to specify HSN at 2-digit level also.
  • For exports 8 digit HSN is mandatory
Rs 1.5 ~ Rs 5 crores
  • HSN codes may be specified only at 2-digit chapter level as an optional exercise to start with. This would be mandatory from the second year of GST implementation.
  • For exports 8 digit HSN is mandatory
  • SAC code is mandatory
> Rs 5 crores
  • HSN – minimum of 4 digits – mandatory
  • For exports 8 digit HSN is mandatory SAC code is mandatory
All exports included above categories
  • HSN Codes at 8-digit level

In order to differentiate between the HSN code and the Service Accounting Code (SAC), the latter will be prefixed with “S”.

The taxpayers who have turnover below the limit of Rs 1.5 Crore will have to mention the description of goods/service, as the case may be, wherever applicable.

Advertisement

GSTR-1 : Dr / Cr Notes

  • Details of Credit/Debit Notes showing reverse charge and non-reverse charge separately
  • This will include the details of Credit/Debit Note issued by the suppliers and the differential value impact and the associated tax payable or refund/tax credit sought.
  • Information on Debit and Credit notes shall be submitted only if such documents are issued as a supplier.

Special File – Download GSTR 1 Excel Utility File by gst.gov.in (01-07-2017)

ReturnForDue Date 
GSTR 1Details of outwards supplies of goods or services10th of the next month

Recommended Articles

If you have any query or suggestion regarding “GSTR 1 Return Checklist” then please tell us via below comment box…

Share with friends! Share on Facebook Twitter

Important Articles for You