Oct 14, 2017
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GST Outward return: Form and manner of furnishing outward supplies

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GST Outward return

GST Outward return article is mainly talks about the rules that are revised by the GST council.  Furthermore, to help the supplier for filing the outward supply of return. Under GST , the council has clearly stated the types and forms so required to file the return.  However, Only registered person has right to claim and filed for return under GST India. RULE-1 of GST Revised Return Rules deals with GST outward return.

Which FORM is applicable to file outward supplies?

Rule1-Form and manner of furnishing details of outward supplies

Form(Electronically)

Content(with reference to section37 and 39 of GST act)

FORM GSTR-1

Registered person furnish detail of outward supply as per section 37, includes:

·        Invoice details(#)

·        Consolidated details(##)

·        Debit and credit note details it any

Part-A of FORM :

 GSTR-2A,

GSTR-4A,

GSTR-6A

Details furnished by supplier to concern registered person after due date of filing of FORM GSTR-1

FORM GSTR-2 u/s 38

FORM GSTR-4 & 6 u/s 39

Details of inward supplies added, corrected or deleted by the registered person

FORM GSTR-1A

Such modification by registered person may or may not accept by supplier

(GSTR-1 shall stand amended to the extent of modifications accepted by Supplier)

(#) Invoice wise details of all

               i.     Inter-State and intra-State supplies made to registered persons; and

             ii.     Inter-State supplies with invoice value more than 2.5 lakh rupees made to unregistered persons

(##)consolidated details of all

              i.       Intra-State supplies made to unregistered persons for each rate of tax; and

            ii.       State wise inter-State supplies with invoice value up to 2.5 lakh rupees made to unregistered persons for each rate of tax

what are the procedure to follow:

Rule 1-Form and manner of furnishing details of outward supplies

1.Every registered person (other than a person referred to in section 14 of the Integrated Goods and Services Tax Act, 2017) required to furnish the details of outward supplies of goods or services or both under section 37, shall furnish such details in FORM GSTR-1 electronically through the Common Portal, either directly or through a Facilitation Centre notified by the Commissioner.

2.Thus details of outward supplies of goods or services or both furnished in FORM GSTR- 1 shall include, inter alia, –

(a) Invoice wise details of all –

  1. ,Inter-State as well as intra-State supplies made to registered persons; and
  2. Inter-State supplies with invoice value more than two and a half lakh rupees made to unregistered persons;

(b) consolidated details of all –

  1. Although Intra-State supplies made to unregistered persons for each rate of tax; and
  2. Thus State wise inter-State supplies with invoice value up to two and a half lakh rupees made to unregistered persons for each rate of tax;

(c) Debit and credit notes, if any, issued during the month for invoices issued previously.

3.Thus details of outward supplies furnished by the supplier shall be made available electronically to the concerned registered persons (recipients) in Part A of FORM GSTR- 2A, in FORM GSTR-4A and in FORM GSTR-6A through the Common Portal after the due date of filing of FORM GSTR-1.

4.The details of inward supplies added, corrected or deleted by the recipient in his FORM GSTR-2 under section 38 or FORM GSTR-4 or FORM GSTR-6 under section 39 shall be made available to the supplier electronically in FORM GSTR-1A through the Common Portal and such supplier may either accept or reject the modifications made by the recipient and FORM GSTR-1 furnished earlier by the supplier shall stand amended to the extent of modifications accepted by him.

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Renuka is a Final Year LL.B. student at Siddharth College of Law. She has done her Bachelors in Banking & Insurance and has also completed her Masters in Business Management . She likes to participate in legal workshops and Moot Courts. Besides her interest in law, she has a keen aptitude for legal research and is good at putting her analysis into words.

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