The GST Council is probably going to think about releasing a new Form GSTR-1A
GST Council to Include GSTR-1A in GSTR-3B Filing
- GST council's 53rd meeting scheduled for 22nd June 2024 in New Delhi.
- GSTR-1A will allow assesses to revise or add records within the same month/same period post-filing GSTR-1 and before filing GSTR-3B.
- Changes or missed records should be reported in GSTR-1 of the next return period.
- Obligations revised will be automatically populated in GSTR-3B, enabling correct liability release.
- Revisions or missed records can be notified in GSTR-1A prior to filing GSTR-3B.
- GSTR-1A authorizes a registered assessee to update sales details for GSTR-1 which was filed before.
- GSTR-1A differs from GSTR-1 as it contains all sales particulars.
- GSTR-1A data is passed onto GSTR-2A of the respective buyers.
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