GSTR-1 is the monthly GST return to be filed by a taxable person registered under GST. GSTR-1 includes the details of all outward supplies ( Sales) made in the given period.
The outward supply details ( Sales) include B2B invoices, B2C invoices, adjustments to sales made in Debit/Credit notes, Exports, Nil Rated invoices, Advances Received with Tax Adjustments.
All transactions, whether recorded correctly, incorrectly or inadequately, are captured and categorised in this report. Further, to help you verify the tax details before exporting the returns, the GSTR-1 report in Tally.ERP 9 provides you with options to resolve exceptions in transactions that are not forming part of the returns due to incomplete information or mismatch.
The report also enables you to update the status of each transaction in the return based on the acceptance and reconciliation status of the transaction on GSTN portal using the STATUS RECONCILIATION option.
A- To view the Report in the Format provided by GST
- Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR–1.
The GSTR-1 report appears as shown:
The different sections of the report are:
Returns Summary: This section displays a snapshot of business operations in the given period.
GSTR-1 Particulars (computation details): This section displays the taxable value and tax amount from outward supplies considered in the returns.
Drill down from any part to display detailed information at the subsequent levels.
Show break-up of nett values?: Enable this option to display Gross Value, Returns, and Addition/Deduction values in detailed mode of the report. This option is disabled by default.
Show tax types in separate columns?: Enable this option to view all GST tax types in separate columns. This option is enabled by default. When this option is displayed, tax amount is displayed in a single column without the Central Tax, state tax and integrated tax break-up.
Export vouchers with voucher number more than 16 characters?: Enable this option to export the transactions having more than 16 characters, including special characters ("-" and "/") to the template.
Round-off margin: It is set to 1. You can change it as required to ensure the relevant transactions are included in the returns
B- To View the Report in “View Return Format”
- Click Alt + V ( V : View Return Format ) in the GSTR-1 report
Note: You can press Alt+V in GSTR-1 report to change the view from Return Format to Summary View and vice-versa.
- Specify the required reporting period by pressing F2.
By default, the transactions having voucher numbers more than 16 characters, including special characters ("-" and "/") are not exported to the e-return template. To include these vouchers, use F12: Configure
You can generate the report with the line HSN/SAC Summary by enabling the option Show HSN/SAC Summary?.
You can generate the HSN/SAC Summary report with only the description or HSN or both, based on the grouping set in the option Group vouchers by.
In the return format view, there are two sections in the report:
Returns summary - a snapshot of the business operations in the given period.
Particulars - structured as per the offline tool provided by the department.