This provides basic information about GSTR-1 return. For more details about GSTR-1 you can visit our you tube channel-CrystalClear M&K commerce.File your GST returns with us for rs 200 only.

1. GSTR 1 BASICS
• What is GSTR 1 ?
• Quarterly returns or Monthly
returns?
• Persons liable to file GSTR 1 and
persons who are exempt
• Late fees for not filing return
CRYSTAL
CLEAR M&K
COMMERCE

2. Return which provides summary of
all the outward supplies made by a
registered supplier i.e sales
Monthly or quarterly return
Required to be filed by
every registered dealer
Made up of 13
sections

3. More than Rs
1.5 crores
Upto
Rs 1.5 crores
Monthly return
Quarterly return

4. Who is
required to file
GSTR-1
Every registered person is
required to file GSTR-1
return irrespective of
whether any transactions
have occurred during the
period or not.
Who is not
required to
file GSTR-1
INPUT SERVICE DISTRIBUTOR
COMPOSITION DEALER
Suppliers of online information and database access or
retrieval services(OIDAR), who have to pay tax themselves
(as per section 14 of the IGST Act)
Non resident taxable person
Taxpayer liable to collect and deduct TDS respectively

5. LATE FEES AND PENALTY
RS. 50 for each day of delay from the day of due date
RS. 20 for each day of delay from the day of due date
For nil
return

6. THANK YOU
FEEL FREE TO ASK QUERIES
CONTACT NO-9960849993
MAIL US AT-
crystalclearmk@gmail.com
CRYSTAL CLEAR M&K
COMMERCE