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What is the basic information that needs to be ...

What is the basic information that needs to be furnished in Form GSTR-1?

What is the basic information that needs to be furnished in Form GSTR-1?


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Jeeba Jun. 21, 2018

The details to be entered in the return of outward supplies Form GSTR-1, made by the trader depends upon the nature of supplies made. The provisions are as follows:

i) intra-State supplies to consumers (B2C supplies) - tax-rate wise summary;

ii) inter-State supplies to consumers (B2C supplies) of value up to Rs. 2.5 lakhs - State-wise and tax-rate wise summary;

iii) inter-State supplies to consumers (B2C supplies) of value above Rs. 2.5 lakhs - specified invoice wise details;

iv) supplies to resellers (B2B) – specified invoice wise details.

What is the basic information that needs to be furnished in Form GSTR-1?