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: