The Goods and Services Tax Network ( GSTN ) has issued an advisory to Form GSTR-1A, introduced as per Notification No. 12/2024 dated July 10, 2024. Form GSTR-1A has been made available to the Goods and Services Tax ( GST ) taxpayers from July 2024’ tax period.
This new form, available to taxpayers starting from the July 2024 tax period, offers an optional facility to add, amend, or rectify any particulars of a supply reported or missed in the current tax period’s GSTR-1 before filing the GSTR-3B return for the same period.
GSTR-1A is designed to provide taxpayers with the flexibility to make necessary corrections to their supply details. This form becomes accessible to taxpayers after the filing of GSTR-1 for a given tax period or after the due date of GSTR-1, whichever is later. It ensures that any discrepancies or missed entries in GSTR-1 can be addressed before the submission of GSTR-3B, thus maintaining the accuracy of tax returns.
Taxpayer can follow the below steps to file GSTR-1:
i. Download Details from E-Invoice ( EXCEl ), incase generating E-invoice
ii. Add or amend the records in GSTR-1
iii. Click ‘Generate Summary’ button to generate the summary,
iv. Click ‘Proceed to File/Summary’ button to view the final summary before filing
v. Click ‘File Statement’ button to file GSTR-1/IFF.
Taxpayer can follow the below steps to file the newly notified GST Form GSTR-1A:
i. Add or amend the records in GSTR-1A related to current tax period.
ii. Click ‘GENERATE SUMMARY’ button to generate the summary,
iii. Click ‘PROCEED TO FILE/SUMMARY’ button to view the final summary before filing
iv. Click ‘FILE STATEMENT’ button to file GSTR-1A
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