Form and manner of furnishing details of outward supplies
Rule 59 (1) -Every registered person, other than a person referred to in section 14 of the Integrated Goods and Services Tax Act, 2017, required to furnish the details of outward supplies of goods or services or both under section 37, shall furnish such details in FORM GSTR-1 electronically through the common portal, either directly or through a Facilitation Centre notified by the Commissioner,
Author comments:
It means all registered person other than sec 14 of IGST act i..e.. person under "online information and database access or retrieval services" to whom FORM GSTR 5A to be furnished by 15 Sep 2017 for the month of July 2017. It further says all outward supplies u/s 37 i.e..it basically talks about the communication with the person who actually received such supplies thru this electronic mode of return filing so that he may confirm the receipts of the goods/ services.
Rule 59 (2) -The details of outward supplies of goods or services or both furnished in FORM GSTR-1 shall include the –
(a) invoice wise details of all -
(i) inter-State and intra-State supplies made to the registered persons; and
(ii) inter-State supplies with invoice value more than two and a half lakh rupees made to the 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 upto two and a half lakh rupees made to unregistered persons for each rate of tax;
(c) debit and credit notes, if any, issued during the month for invoices issued previously.
Author comments:
It means INVOICE wise details only "B to B" (being registered persons only) for both INTRA & INTER however if INTER STATE to UNREG then invoice wise details above 2.5 lacs to be provided & a consolidated summary of all other invoices transacted with UNREG (being below 2.5 lacs in case inter- state & all other intra state)...ISSUED Debit/ Credit notes need to be mentioned in all cases..
Rule 59(3) -The details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons (recipients) in Part A of FORM GSTR- 2A, in FORM GSTR-4A and in FORM GSTR-6A through the common portal after the due date of filing of FORM GSTR-1.
Author comments:
It means after the due date of filing of GSTR-1 ie 1 Sep to 5 Sep 2017 the entries of the return would be available to the recipients of such goods/ services in GSTR-2A or GSTR-4A (composition cases) or GSTR -6A (ISD cases) so that any mismatch or discrepancies would be corrected thereafter.
Rule 61(5) - Where the time limit for furnishing of details in FORM GSTR-1 under section 37 and in FORM GSTR-2 under section 38 has been extended and the circumstances so warrant,
return in FORM GSTR-3B, in lieu of FORM GSTR-3, may be furnished in such manner
and subject to such conditions as may be notified by the Commissioner,
Author comments:
It refers to the FORM GSTR -3B which has recently been filed and would surely be a base for filing GSTR-1 of JULY and all the details submitted should possibly be tallied with this detailed return
⧭ "Some notes on FORM GSTR-1" ⧭
## All registered persons to whom either UIN has been issued or under provisional ID would required to be given INVOICE WISE either Intra or Inter in table -4, however part 4C would not yet applicable being TCS provisions have not been notified yet.
## Table 4 has last column which talks about the place of supply (POS) which normally be the place of recipient of goods services if not then only it needs to be mentioned in the column,
## Table 4 includes all outward supplies to REG person other than EXPORT cases,
## Table 6 is related to the export transactions which needs shipping details to be filled in which can be left blank if the same is not available and later it can be filed by using table 9 in subsequent periods, however the same would be required before claiming any refund based on this return,
## Table 6 also covers supplies made to sez unit/ developer as exports. When a sez units/ developer makes any outward supplies to DTA then same needs to be captured in the GSTR-1,
## It is to be noted that GSTIN will not be available in case of export transactions and hence can be left blank,
## Table -7 capture all Inter state supplies upto 2.5 lacs and all intrastate supplies consolidated which have been made to UREG persons,
## Table 9 covers all amendments related to the supplies to REG person + above 2.5 lacs to UNREG (Interstate) + Exports within current period by using debit notes, credit notes, refund vouchers etc,
## Table 10 deals with all other instances i.e. ALL INTRA STATE supplies to UNREG person + INTERSTATE upto 2.5 lacs,
## Table 11 will capture all advance received or its related amendment and conversion into outward supplies and also to mention POS (place of supply),
## Table 12 require all HSN code which needs to be given based on the below criteria-
Annual turnover upto 1.5 crore - Optional to give HSN code but require description of goods
Annual turnover > 1.5 cr< 5 cr - HSN code UPTO 2 digits mandatory
Annual turnover > 5 cr -HSN code UPTO 4 digits mandatory
## All invoices, debit notes, credit notes start and end number to be provided and it could be more than one series of number that could have been used however should have been serially numbered,
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Rule 59 (1) -Every registered person, other than a person referred to in section 14 of the Integrated Goods and Services Tax Act, 2017, required to furnish the details of outward supplies of goods or services or both under section 37, shall furnish such details in FORM GSTR-1 electronically through the common portal, either directly or through a Facilitation Centre notified by the Commissioner,
Author comments:
It means all registered person other than sec 14 of IGST act i..e.. person under "online information and database access or retrieval services" to whom FORM GSTR 5A to be furnished by 15 Sep 2017 for the month of July 2017. It further says all outward supplies u/s 37 i.e..it basically talks about the communication with the person who actually received such supplies thru this electronic mode of return filing so that he may confirm the receipts of the goods/ services.
Rule 59 (2) -The details of outward supplies of goods or services or both furnished in FORM GSTR-1 shall include the –
(a) invoice wise details of all -
(i) inter-State and intra-State supplies made to the registered persons; and
(ii) inter-State supplies with invoice value more than two and a half lakh rupees made to the 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 upto two and a half lakh rupees made to unregistered persons for each rate of tax;
(c) debit and credit notes, if any, issued during the month for invoices issued previously.
Author comments:
It means INVOICE wise details only "B to B" (being registered persons only) for both INTRA & INTER however if INTER STATE to UNREG then invoice wise details above 2.5 lacs to be provided & a consolidated summary of all other invoices transacted with UNREG (being below 2.5 lacs in case inter- state & all other intra state)...ISSUED Debit/ Credit notes need to be mentioned in all cases..
Rule 59(3) -The details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons (recipients) in Part A of FORM GSTR- 2A, in FORM GSTR-4A and in FORM GSTR-6A through the common portal after the due date of filing of FORM GSTR-1.
Author comments:
It means after the due date of filing of GSTR-1 ie 1 Sep to 5 Sep 2017 the entries of the return would be available to the recipients of such goods/ services in GSTR-2A or GSTR-4A (composition cases) or GSTR -6A (ISD cases) so that any mismatch or discrepancies would be corrected thereafter.
Rule 61(5) - Where the time limit for furnishing of details in FORM GSTR-1 under section 37 and in FORM GSTR-2 under section 38 has been extended and the circumstances so warrant,
return in FORM GSTR-3B, in lieu of FORM GSTR-3, may be furnished in such manner
and subject to such conditions as may be notified by the Commissioner,
Author comments:
It refers to the FORM GSTR -3B which has recently been filed and would surely be a base for filing GSTR-1 of JULY and all the details submitted should possibly be tallied with this detailed return
⧭ "Some notes on FORM GSTR-1" ⧭
## All registered persons to whom either UIN has been issued or under provisional ID would required to be given INVOICE WISE either Intra or Inter in table -4, however part 4C would not yet applicable being TCS provisions have not been notified yet.
## Table 4 has last column which talks about the place of supply (POS) which normally be the place of recipient of goods services if not then only it needs to be mentioned in the column,
## Table 4 includes all outward supplies to REG person other than EXPORT cases,
## Table 6 is related to the export transactions which needs shipping details to be filled in which can be left blank if the same is not available and later it can be filed by using table 9 in subsequent periods, however the same would be required before claiming any refund based on this return,
## Table 6 also covers supplies made to sez unit/ developer as exports. When a sez units/ developer makes any outward supplies to DTA then same needs to be captured in the GSTR-1,
## It is to be noted that GSTIN will not be available in case of export transactions and hence can be left blank,
## Table -7 capture all Inter state supplies upto 2.5 lacs and all intrastate supplies consolidated which have been made to UREG persons,
## Table 9 covers all amendments related to the supplies to REG person + above 2.5 lacs to UNREG (Interstate) + Exports within current period by using debit notes, credit notes, refund vouchers etc,
## Table 10 deals with all other instances i.e. ALL INTRA STATE supplies to UNREG person + INTERSTATE upto 2.5 lacs,
## Table 11 will capture all advance received or its related amendment and conversion into outward supplies and also to mention POS (place of supply),
## Table 12 require all HSN code which needs to be given based on the below criteria-
Annual turnover upto 1.5 crore - Optional to give HSN code but require description of goods
Annual turnover > 1.5 cr< 5 cr - HSN code UPTO 2 digits mandatory
Annual turnover > 5 cr -HSN code UPTO 4 digits mandatory
## All invoices, debit notes, credit notes start and end number to be provided and it could be more than one series of number that could have been used however should have been serially numbered,
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