- What is GSTR-1A?
Form GSTR 1A is an amendment return of Form GSTR 1 filed for a tax period by a taxpayer. Any record filed in a particular GSTR 1 can be amended in the same period GSTR -1A or any mistake committed can be rectified. Any record missed to be reported in the current GSTR 1 can be reported in the GSTR 1A of the same tax period. GSTR-1A shall be available to the taxpayer after filing of GSTR 1 or due date of GSTR 1, which ever is later. GSTR 1A can be filed any time before filing of GSTR 3B of the same tax period. Form GSTR-1A is an optional facility and can be filed only once for a particular tax period. The changes made in GSTR 1A shall be auto populated in the taxpayer GSTR 3B.
E.g. GSTR 1 for the month of August 2024 has been furnished by the taxpayer on 10th of September 2024. Taxpayer committed a mistake in 2 records and missed to report one record in its GSTR 1. Now GSTR 1A shall be opened for him/her on 10th of September or due date of GSTR 1 (i.e. 11th of September) which ever is later. The Taxpayer will be able to amend the incorrect record and shall also be able to add the missed record in Form GSTR 1A. The correct value shall be auto populated in its GSTR 3B.
- Whether supplies added in the GSTR 1A would reflect in the recipient’s GSTR 2B of same tax period?
The ITC for the supplies declared or amended by the suppliers through FORM GSTR-1A will be available to the recipient in the next tax period FORM GSTR-2B.GSTR 1 for the month of August 2024 has been furnished by the taxpayer on 11th of September 2024. Taxpayer missed to report one record in its GSTR 1, which was added by him in GSTR 1A for August 2024, filed on 15th September 2024. The ITC of such record shall be available to the recipient in GSTR 2B of the month of September 2024 generated for him/her on 14th October 2024.
Ministry of Finance, Govt. of India issued notification no. 12/2024 vide which GSTR form 1A has been introduced. This has been provided to the taxpayers to add, amend or rectify particulars of a supply like taxable value, GST amount, any invoice inadvertently left out to be reported in GSTR-1 etc. of the current tax period,which was missed out or was wrongly reported in FORM GSTR-1 of the said tax period,before filing of the GSTR-3B return of the said tax period. FORM GSTR-1A is available to all the taxpayer from August 2024 onwards. In this regard advisories has been issued by GSTN dated 26.07.2024 & 01.08.2024. The salient features of FORM GSTR-1A are: FORM GSTR-1A is an optional facility. This can be filed only once for a particular tax period. The corresponding effect of the changes made through FORM GSTR-1A on the liability of the taxpayer shall be reflected in FORM GSTR-3B for the same tax period.At the recipient end, the ITC for the supplies declared or amended by the suppliers through FORM GSTR-1A will be available to the recipient in FORM GSTR-2B generated for the next tax period.FORM GSTR-1A will be available on the portal every month from the due date of filing of FORM GSTR-1 or the actual date of filing of FORM GSTR-1, whichever is later, and will be available till the actual filing of corresponding FORM GSTR-3B of the same tax period. It is pertinent to mention that that the taxpayer can’t file FORM GSTR-1 for a month until he files FORM GSTR-3B for the previous month.From the liability perspective, the net impact of particulars declared or amended through. FORM GSTR-1A, along with the particulars declared in FORM GSTR-1, shall be autopopulated in FORM GSTR-3B for the same tax period as that of FORM GSTR-1.As per Advisory dated 01.08.2024, GSTR-1A shall be open for the taxpayer after filing
of GSTR-1 of a tax period or after the due date of GSTR-1 whichever is later.
