GST Tip – 89

In GSTR -1, transaction level detail with the invoice number has to be shown in case of all B2B transactions, B2C transactions with invoice value above Rs 2.5 Lacs for supplies to customers outside the state and in case of B2C transactions for supplies within the state or outside the state (less than Rs 2.5 Lacs) summary by HSN / SAC has to be shown along with the tax rates and amounts.

GST Tip – 83

The monthly outward return GSTR -1 has to be filed with the data relating to exports, sales to e-commerce operators and receipt of advances from customers. Transaction-level data has to be filed unlike in the current reporting at summary level as in ER -1, ST-3 Etc.,