GSTR-1 Filing Rule Set to Change from Next Month. Know Details

As of next month, taxpayers who have not yet filed their GSTR-3B returns for the past two months will not be allowed to file GSTR-1 return forms. This new rule change also applies to those taxpayers who have not furnished their Form GSTR-3B for the preceding quarter as well. In the advisory that was circulated on Thursday, the authority said, “a registered person shall not be allowed to furnish the details of outward supplies of goods or services or both under section 37 in FORM GSTR-1 if he has not furnished the return in FORM GSTR-3B for preceding two months.” The Form GSTR-1 is essentially a monthly or quarterly return that is filed by the taxpayers in order to disclose the details of their outward supplies for a particular month of the quarter, along with their tax liabilities. “A registered person, required to furnish return for every quarter under the proviso to sub-section of section 39, shall not be allowed to furnish the details of outward supplies of goods or services or both under section 37 in FORM GSTR-1 or using the invoice furnishing facility, if he has not furnished the return in FORM GSTR-3B for preceding tax period,” added the GSTN.