How to file Form GST RET 1 – Filing of Return by Normal Taxpayers (Quarterly)

1. Login to the GST Portal. Navigate to Services > Returns > New Return (Trial). Alternatively, click the NEW RETURN (TRIAL) button on the dashboard.

2. Select the Financial Year, Return Filing Period, Form/Return (as RET) and Preparation Mode (as Online) from the drop-down lists and click PROCEED.

Note: Click the HELP button to view the details related to this particular screen.

3. Click GENERATE button to make available return auto-drafted from FORM GST ANX-1 and FORM GST ANX-2 for preparation and filing of Form GST RET-1.

4. A message is displayed that Return generation is in progress. The return generation process may take some time. You can check the generation status by clicking on CHECK GENERATION STATUS button.

5. A confirmation message is displayed that your return has been generated. After the return is generated, you can start preparing your return. Read the information carefully highlighted in the screenshot below.

5 (a). File Nil Form GST RET-1, if required

5 (b). File Form GST RET-1

5 (a). File Nil Form GST RET-1, if required

6. To file Nil Form GST RET-1, if required, select the File Nil GST RET-1 check-box.

Note: Nil Form GST RET-1 can be filed by you, if you have:

Not made any outward supply (commonly known as sale); AND
Not received any inward supply of goods/services (commonly known as purchase); AND
No other liability to report including interest; AND
No input tax credit to be claimed or reversed etc. AND
Filed the applicable PMT-08 of the quarter as NIL

7. Click the PROCEED TO FILE button.

Note: Click the DOWNLOAD GST RET-1 (PDF)/ DOWNLOAD GST RET-1 (EXCEL) button to download the Form GST RET-1 summary in PDF or the Excel format.

8. Preview for Form GST RET-1 is displayed. Click the CONTINUE button.

9. Select the checkbox against the declaration. Choose the Authorised signatory from the drop-down and click File Nil GST RET-1.

Note: You can click the DOWNLOAD GST RET-1 (PDF)/ DOWNLOAD GST RET-1 (EXCEL) button to download the Form GST RET-1 summary in PDF or the Excel format.

10. Click the YES button.

11. Click the FILE WITH DSC or FILE WITH EVC button.

12. A success message is displayed and ARN is displayed. Status of the Form GST RET-1 changes to “Filed”.

5 (b). File Form GST RET-1

6. From the Form GST RET-1 Dashboard, select an appropriate table from the ‘Select table to Add Details’ drop-down list to view auto-drafted liabilities, Input Tax Credit based on Form GST ANX-1 & 2 and to add additional details.

A. Table 3 – Summary of supplies and tax liability

B. Table 4 – Summary of inward supplies for claiming input tax credit

C. Table 6 – Interest and late fee liability details

A. Table 3 – Summary of supplies and tax liability

Note:

All the cells which are in grey color in the screen are system computed values and are non-editable.
Save button is available on Table 3D & E to save the details of Table 3.

7. Table 3A is auto-drafted based on details provided in Form GST ANX-1. Enter the additional details in Sr. No. 8 and 9 and click the NEXT button to navigate to table 3B.

Note: You can click the BACK TO RET-1 DASHBOARD button to go back to RET-1 Dashboard screen.

8. Table 3B is auto-drafted based on details provided in Form GST ANX-1. Click the NEXT button to navigate to table 3C.

Note: You can click the PREVIOUS button to go back to Table 3A screen.

9. Table 3C is auto-drafted based on details provided in Form GST ANX-1. Enter the additional details in Sr. No. 3, 4, 5 and 6 and click the NEXT button to navigate to table 3D & E.

Note:

You can enter negative values in Table 3C (3).
You can click the PREVIOUS button to go back to Table 3B screen.

10. Table 3E is auto-drafted based on details provided and details auto-populated in table 3A, 3B, 3C and 3D. Enter the additional details in Sr. No. 1, 2 and 3 and click the SAVE button to save the details in Table 3.

Note: Row 3D(4) is only applicable for taxpayers who are registered as SEZ Unit or SEZ Developer.

Note:

You can enter negative values in Table 3D(1), 3D(2) & 3D(3).
You can click the PREVIOUS button to go back to Table 3C screen.

11. A confirmation message is displayed that data is saved successfully. Once the details are saved, click NAVIGATE TO TABLE 4 to go to Table 4. Or, navigate back to Form GST RET-1 Dashboard to select another table from the drop-down list to add details. Or, you can select next table from the drop-down list available above the table 3.

B. Table 4 – Summary of inward supplies for claiming input tax credit

Note:

All the cells which are in grey color are system computed values and are non-editable.
Save button is available on Table 4C to save the details of Table 4.

12. Table 4A is auto-drafted based on details provided in GST ANX-1 & ANX-2. Enter the additional details in Sr. No. 4. 10 and 11 and click the NEXT button to navigate to table 4B.

Note: You can click the BACK TO RET-1 DASHBOARD button to go back to RET-1 Dashboard screen.

13. Table 4B is auto-drafted based on details provided in GST ANX-1 & ANX-2. Enter the additional details in Sr. No. 2, 3, 4 and 5 and click the NEXT button to navigate to table 4C.

Note: You can click the PREVIOUS button to go back to Table 4A screen.

14. Table 4C is auto-drafted based on details provided in table 4A and 4B. Enter the additional details and click the SAVE button to save the details in Table 4.

Note: You can click the PREVIOUS button to go back to Table 4B screen.

15. A confirmation message is displayed that data is saved successfully. Once the details are saved, click NAVIGATE TO TABLE 6 to go to Table 6. Or, navigate back to Form GST RET-1 Dashboard to select another table from the drop-down list to add details. Or, you can select next table from the drop-down list available above the table 3.

C. Table 6 – Interest and late fee liability details

16. Enter the interest details, if applicable. Click the Add (+) icon, to add additional line items to provide the details of any other interest liability.

Note:

To delete any row, click on minus “-“ button.
Maximum of 5 rows can be added.

17. Click the SAVE button to save the details in Table 6.

Note: You can click the VIEW SUMMARY button to view the summary details.

18. A confirmation message is displayed that data is saved successfully. Once the details are saved, click BACK TO RET-1 DASHBOARD to navigate back to Form GST RET-1 Dashboard. To view the summary of the Total liabilities and ITC claimed during the period, click the VIEW SUMMARY button.

19. Click the PROCEED TO FILE button.

To re-generate the return, if some changes are made in Form GST ANX-1 and/or ANX-2, click the GENERATE button.
Click the RESET button to reset user input details provided in all the tables.
Click the DOWNLOAD GST RET-1 (PDF)/ DOWNLOAD GST RET-1 (EXCEL) button to download the Form GST RET-1 summary in PDF or the Excel format.

20. Preview for Form GST RET-1 is displayed. You can click the DOWNLOAD GST RET-1 (PDF)/ DOWNLOAD GST RET-1 (EXCEL) button to download the Form GST RET-1 summary in PDF or the Excel format. Click the CONTINUE button.

Note:

The table 5 pertaining to TDS/TCS is not being auto-drafted in trial version as it is based on actual deductions made.
The return can be filed on click of ‘Continue’ button. However, as the payment process is identical to the existing payment process of existing GSTR-3B, the same is not being made available in trial version.

21. The Payment of Tax page is displayed.

22. Available cash ledger and credit ledger balance as on date is shown to the taxpayer in “Ledger Balance” table.

23 (a). Scenario 1: If available cash balance in Electronic Cash Ledger is less than the amount required to offset the liabilities

i. If available cash balance in Electronic Cash Ledger is less than the amount required to offset the liabilities, then additional cash required to be paid by taxpayer is shown in the “Additional Cash Required” column. You may create challan for the additional cash directly by clicking on the CREATE CHALLAN button.

ii. The Create Challan page is displayed.

Note: In the Tax Liability Details grid, the Total Challan Amount field and Total Challan Amount (In Words) fields are auto-populated with total amount of payment to be made. You cannot edit this amount.

iii. Select the Payment Modes as E-Payment/ Over the Counter/ NEFT/RTGS.

iv. Click the GENERATE CHALLAN button.

v. The Challan is generated.

Note:

In case of Net Banking: You will be directed to the Net Banking page of the selected Bank. The payment amount is shown at the Bank’s website. In case of successful payment, you will be re-directed to the GST Portal where the transaction status will be displayed.

In case of Over the Counter:

Take a print out of the Challan and visit the selected Bank. Pay using Cash/ Cheque/ Demand Draft within the Challan’s validity period. Status of the payment will be updated on the GST Portal after confirmation from the Bank.

In case of NEFT/ RTGS:

Take a print out of the Challan and visit the selected Bank. Mandate form will be generated simultaneously. Pay using Cheque or through your account with the selected Bank/ Branch. You can also pay using the account debit facility. The transaction will be processed by the Bank and RBI shall confirm the same within <2 hours>. Status of the payment will be updated on the GST Portal after confirmation from the Bank.

23 (b). Scenario 2: If available cash balance in Electronic cash ledger is more than the amount required to offset the liabilities

i. If available cash balance in Electronic Cash Ledger is more than the amount required to offset the liabilities, no additional cash is required for paying liability. You can preview and then file Form GST RET-1, as explained in below steps.

24. You can click the DOWNLOAD GST RET-1 (PDF)/ DOWNLOAD GST RET-1 (EXCEL) button to download the Form GST RET-1 summary in PDF or the Excel format.

25. Select the Declaration checkbox and select the Authorized Signatory from the drop-down list.

26. Click the FILE GST RET-1 button.

Note: Form GST RET-1 once filed, cannot be revised.

27. The Submit Application page is displayed. Click the FILE WITH DSC or FILE WITH EVC button.

28. The success message is displayed and ARN is displayed. Status of the Form RET-1 return changes to “Filed”.

Note: After Form GST RET-1 is filed:

ARN will be generated on successful filing of the Form.
Status of Form GST RET-1 will be changed to ‘Filed’ from ‘Not filed’.
An SMS and e-mail will be sent to the taxpayer on the successful filing of Form GST RET-1.
Electronic Cash Ledger, Electronic Credit ledger and Electronic Liability Register Part-I will get updated after filing of Form GST RET-1.
The documents which have been marked as ‘Pending’, in Form GST ANX-2 by the recipient taxpayer, will flow to next tax period GST ANX 2 of the recipient taxpayer.
The documents which have been marked as ‘Rejected’, in Form GST ANX-2 by the recipient taxpayer, will be populated in Form GST ANX-1 of the supplier taxpayer, for correction.
The documents which are rejected by the recipient taxpayer and which have not been edited by the Supplier taxpayer in their Form GST ANX-1, will flow to next tax period Form GST ANX-1 of the supplier taxpayer.
The documents on which action has not been taken by the recipient taxpayer, in their Form GST ANX-2, will be treated as Accepted, on filing of their Form GST RET 1.

Spread the love

Leave a Reply