Advisory on challenges in Auto Populated of GSTR – 1 for e-invoices

Taxpayers having turnover above Rs 500 crores are required to issues e-invoices from 1st Oct 2020.

As part of Digitization, e-invoices issued by the taxpayers will be auto-populated to GSTR – 1. This was supposed to happen from 13th Nov 2020. Due to some unforeseen technical issues, the same is not happening as planned.

Taxpayers who are waiting for the auto-population are advised to file the returns for the month of November 2020 and not to wait for the same.

e-invoice data will be auto-populated into GSTR – 1 from the tax periods October and November will start from 13th December 2020 and it is expected to take couple of weeks.

e-invoice data for the month of December is expected to be auto-populated from the first week of December in T+2 days.

Source – https://www.gst.gov.in/newsandupdates/read/421

GST Tip – 256

As per the final return formats, Table 3 in GSTR – 2 will be auto-populated based on the data entered by the supplier’s outward return in GSTR – 1. This table will contain all inward supplies except the inward supplies on account of reverse charge.

GST Tip – 112

GSTR – 4A is a return in which all the inward supplies of the Composition Tax Payer are auto-populated from the outward supplies of the tax payers who supplied goods and services to the Composition Tax Payer. The data is auto populated from the supplier GSTR – 1 GSTR – 7. Surprisingly the data does not come from GSTR – 6(Input Service Distributor’s return) & GSTR – 8 (Return filed by e-commerce operator). Need more clarity on this.

GST Tip – 104

Table 11 of GSTR – 2 will show the invoices for which input tax credit has been taken partially in the previous returns. This is for capital goods where 100% credit is not available like telecom towers, pipe lines or in banking, financial institution or non-banking financial company. The balance credit is auto-populated based on the tax invoice number selected.

GST Tip – 102

If a tax payer is also registered as Input Service Distributor, the Input Tax Credit transferred from ISD through Tax Invoice will be auto populated in Table 9 of GSTR – 2.

GST Tip – 73

Every Tax Deductor under GST for TDS_GST has to file a monthly return called GSTR – 7 and basis of this return, part C for GSTR – 2A will be auto-populated for the deductee.