Upload Invoice Details at GST Portal from 24 July 2017 for Preparation of GSTR-1

Upload Invoice Details at GST Portal from 24 July 2017, i.e. Details of Outward Taxable Supplies of Goods/ Services to facilitate preparation of Form GSTR-1

Under GST, taxpayers are required to upload details of their invoices raised for outward taxable supplies of goods/ services, each month, at GST portal. Accordingly, the GST Portal will be ready and available from 24 July 2017 for uploading of details of such Invoices generated from 1 July 2017 onwards, i.e. a separate utility will be launched on GST Portal for regular uploading of invoices to avoid month end rush.

GSTN has already prescribed the taxpayers to use an offline Excel template/ format to keep records of their invoices, to facilitate smooth uploading of such details to the GST Portal, as under:

GSTR Excel Workbook Template by GSTN (Download Excel/ Zip File)

Offline Excel tool provided by GSTN can capture data/ details of about 19,000 invoices and the same can be used to upload such details to the GST Portal in one go through the process which may take less than a minute time.

Uploading details of Invoices at GST portal is basically sharing/ submission of details, like invoice number/ date, customer name, shipping/ billing address, customer’s GSTIN, place of supply, HSN code, taxable value, discounts, rates of tax (CGST+ UTGST or SGST/ IGST), item wise description/ quantity/ price, etc.

Taxpayers will have to wait for one more week before they can upload details of invoices to the GST Portal, as the GSTN is in the process of trial run or verifying the readiness of the GST Suvidha Providers (GSPs), which are basically meant to facilitate large business houses/ taxpayers those which generate thousands/ lakhs of invoices.

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