GSTR-1 is to be furnished by all normal taxpayers on monthly or quarterly basis, as applicable. For Quarterly return filers there is option called IFF- Invoice Furnishing Facility for reporting there outward supplies to registered persons. Earlier While filing GSTR-1 i.e. upto March-2022 GSTR-1 filling we used to follow these below step BEFORE Step 1- Click on “ Generate Summary” button. Step 2- Click on “ Submit” button Step 3- Click on “ Proceed to file ” button to view the final summary before filing. Step 4- Click on “ File Statement” button to file GSTR-1 Step 5- Click on “ File with DSC or EVC” The new changes that has been incorporated in GST portal is mentioned below Removal of Submit Button before filing - Step 2 has been removed Consolidated Summary- Taxpayers will now be shown a table wise consolidated summary before actual filing of GSTR-1/IFF. This will provide a complete overview of the records added in GSTR-1/IFF before filing Recipient wise Summary...
This blog will give information on various topics which will helps accountant in their work.