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The reintroduction of the GSTR-1A form in 2024 has endowed taxpayers with a new tool to ensure accuracy in their GST returns. Businesses can use this form to correct outward supply details that were submitted under GSTR-1. It is quite literally an implemented gap between discovering anomalies or lacunas after filing GSTR-1 but before finalizing GSTR-3B for the tax period.
GSTR-1A eases the updating process of the sales records, thereby avoiding the risk of any kind of compliance issue that might arise due to errors. Supposing there was an error or a missing entry in the GSTR-1 filling; then this is possible through GSTR-1A. Through GSTR-1A, these updating will enter into the records, and taxpayers will ensure that the records accurately represent all the sales, which helps keep the GST filings coherent and intelligible.
This streamlined approach helps in aligning monthly filings more effectively. It also reduces discrepancies between GSTR-1 and GSTR-3B, thereby ensuring a smoother, more reliable GST filing process.
The CBIC had provided a proviso to Rule 59(1) through one of its notifications issued in 2024 for bringing back the GSTR-1A form. This form is used to update changes to your sales invoices that have been submitted in the GSTR-1 form.
When to File GSTR-1A:
You can file a GSTR-1A after filing your GSTR-1 form but before filing your GSTR-3B form.
Schedule to File GSTR-1A:
GSTR-1A can be filed after GSTR-1 is submitted but before filing GSTR-3B for the same tax period. This will give the business time to correct errors and omissions in outward supplies reported in GSTR-1. It is essential to file GSTR-1A on time to ascertain your GSTR-3B is accurate and compliant with GST rules.
Can file GSTR-1A after the due date of GSTR-1, i.e. 11th of next month and before filing GSTR-3B.
Can file GSTR-1A after due date for quarterly GSTR-1, i.e. 13th of the month followed by the quarter and before filing GSTR-3B for the same quarter.
GSTR-1A Form Filing
The newly reintroduced GSTR-1A form comprises the below details you need to update correctly at the time of return filing:
1. GSTIN – Unique 15-digit Identification Number based on your PAN
2. Taxpayer’s Name – Correct details of your legal name
3. ARN-Application Reference Number, auto-generated
4. Taxable Outward Supplies-Includes amendment to sales invoices attracting or not attracting
5. Taxable Outward Inter-State Supplies-Also adds supplies made to unregistered persons and e- commerce suppliers
6.Zero-Rated Supplies and Deemed Exports – Includes amendments for exports, SEZ units and deemed exports
7.Taxable supplies to unregistered persons – Includes consolidated, rate-wise, intra-state supplies amendments for a maximum invoice value of Rs.1 lakh
8.Nil-rated, exempted and non-GST outward supplies – Amendments related to inter-state and intra-state supplies to unregistered and registered persons
GSTR-1 is where sellers report all their sales records for a given period, with the details automatically populating the buyer’s GSTR-2B for input tax credit. If any corrections or updates are needed after GSTR-1 is filed, the seller submits those through GSTR-1A. These changes then flow into the buyer’s GSTR-2B and, ultimately, their GSTR-3B.
The difference is simple: GSTR-1 presents all sales data, whereas GSTR-1A deals with the changes that have occurred for the same period.
Example
How Tally Prime Can Help Your Business?
TallyPrime transforms the way one does GSTR filings by automating key processes and significantly reducing the risk of manual error. The intelligent automation offered by software will help avert the complexities of GST compliance, and it can keep you busy focusing on the things that really matter–making your business grow. When you choose TallyPrime, you’re not just getting software-you’re gaining a reliable partner that makes GST compliance easy. With TallyPrime, your filings are always on time, precise, and in compliance with the newest regulations. You can therefore feel free to effectively run your business. TallyPrime takes care of GSTR filings, enabling you to direct your time in expanding your business.
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