Quarterly GSTR 1

quarterly gstr 1
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Last updated on May 28th, 2022 at 10:27 pm

Quarterly GSTR 1

Quarterly GSTR 1

  • Taxpayers who have registered under the QRMP scheme are required to furnish the quarterly GST return in Form GSTR-1.
  • A detailed summary of the outward supplies of goods or services or both is to be furnished in Form GSTR 1.
  • It is mandatory to furnish the above return irrespective of the fact whether there was any business or not. Taxpayers can also avail of the facility of furnishing Nil Form GSTR 1 via SMS.
  • Provision to revise after submitting the return in Form GSTR 1 is not available. If any amendment is required then the same shall be made in the next period’s return.
  • Taxpayers furnishing the quarterly GSTR 1 are given an optional facility to furnish the details of B2B outward supplies monthly using the invoice furnishing facility.

Taxpayers are bifurcated into monthly and quarterly filers w.e.f. 1st January 2021

Regular taxpayer Frequency of GSTR 1
If AATO> Rs. 5 Crores in the preceding FY  Monthly Return only
If AATO< Rs. 5 Crores in the preceding FY  Quarterly Return if you opt for QRMP Scheme
 Monthly Return if you opt-ou of the QRMP Scheme

Due dates of Quarterly GSTR 1 for the financial year 2022-23

For the quarter of January 2023 to March 2023

Due Date notified was 13th April 2023 – CGST notification no. 83 dated 10th November 2020

For the quarter of October 2022 to December 2022

Due Date notified was 13th January 2023 – CGST notification no. 83 dated 10th November 2020

For the quarter of July 2022 to September 2022

Due Date notified was 13th October 2022 – CGST notification no. 83 dated 10th November 2020

For the quarter of April 2022 to June 2022

Due Date notified was 13th July 2022 – CGST notification no. 83 dated 10th November 2020

Due dates of Quarterly GSTR 1 for the financial year 2021-22

For the quarter of January 2022 to March 2022

Due Date notified was 13th April 2022 – CGST notification no. 83 dated 10th November 2020

For the quarter of October 2021 to December 2021

Due Date notified was 13th January 2022 – CGST notification no. 83 dated 10th November 2020

For the quarter of July 2021 to September 2021

Due Date notified was 13th October 2021 – CGST notification no. 83 dated 10th November 2020

For the quarter of April 2021 to June 2021

Due Date notified was 13th July 2021 – CGST notification no. 83 dated 10th November 2020

Due dates of Quarterly GSTR 1 for the financial year 2020-21

For the quarter of January 2021 to March 2021

Due Date notified was 13th April 2021 – CGST notification no. 83 dated 10th November 2020

For the quarter of October 2020 to December 2020

Due Date notified was 13th January 2021 – CGST notification no. 74/2020 dated 15th October 2020 

Note: The decision to change the due date for Quarterly GSTR 1 was taken in 42nd GST Council Meeting.

For the quarter of July 2020 to September 2020

Due Date notified was 31st October 2020 – CGST notification no. 27/2020 dated 23rd March 2020

For the quarter of April 2020 to June 2020 

Due Date notified was 31st July 2020 – CGST notification no. 27/2020 dated 23rd March 2020

Late fees was waived if the quarterly return was filed by 3rd August 2020. – CGST notification no. 53/2020 dated 24th June 2020

Note: Due date is not extended it is the waiver of late fees if filed up to a prescribed date.

When Form GSTR 1 will be blocked if Form GSTR 3B is not furnished?

 


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