𝗚𝗦𝗧𝗥 𝟭𝗔

 𝗟𝗲𝘁𝘀 𝗴𝗲𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗚𝗦𝗧𝗥 𝟭𝗔

➡️ What is GSTR-1A? GSTR-1A allows a registered taxpayer to update the details of sales for GSTR-1 which was filed earlier. The form was not in use since 2017 but was reintroduced in July 2024 vide CBIC Notification 12/2024 dated 10th July 2024. A proviso to Rule 59(1) was added, introducing a new Form GSTR-1A for allowing amendments in the GSTR-1 before filing the GSTR-3B. CGST Rule 59(4A) enlists he details required in the GSTR-1A. ➡️ How is GSTR-1A different from GSTR-1? GSTR-1 is a return which contains all the sales details. It is filled up and filed by the seller taxpayer. Information from one’s GSTR-1 will appear in his buyer’s GSTR-2B where he may change some information. GSTR-1A contain only the amendments to GSTR-1 details of the given month. ➡️ How did GSTR-1A work? Let us look at an example to understand its working. ◾️X buys 100 qty material worth Rs. 10,000 from Y . ◾️Y has erroneously shown it as Rs. 1000 sales in his GSTR-1. ◾️The data from X GSTR-1 will flow into GSTR-2B of Y ◾️Y corrects this to Rs. 10,000 in the GSTR-1A. ◾️Accordingly, GSTR-2B of Y gets updated for the change, including X's GSTR-3B. ➡️ When was GSTR-1A to be filed? GSTR-1A would be available for filing after filing GSTR-1 for the given tax period but before filing GSTR-3B.