GST Registration in Kerala
1. What is GSTR-1? Who is required to file the GSTR-1?
GSTR-1 is a monthly Statement of Outward Supplies to be furnished by all normal and casual registered taxpayers making outward supplies of goods and services or both and contains details of outward supplies of GST Registration in Kerala.
Every registered taxable person, other than an input service distributor/ composition taxpayer/persons liable to deduct tax u/s 51 / persons liable to collect tax u/s 52 is required to file GSTR-1, the details of outward supplies of goods and/or services during a tax period, electronically on the GST Portal.
You can opt for Quarterly filing of GSTR-1 return under following condition:
If your turnover during the preceding financial year was upto Rs. 1.5 Crore; or if you are registered during the current financial year and expect your aggregate turnover during FY 2017-2018 to be upto Rs. 1.5 Crores
3. I have already opted for Quarterly filing of GSTR-1 return. Can I change my preference now?
Facility to change frequency is available if you have not filed any return during the financial year according to the original frequency.
4. Is GSTR-1 filing mandatory?
GSTR-1 needs to be filed even if there is no business activity (Nil Return) in the tax period.
5. What are the available modes of preparing GSTR-1?
GSTR-1 can be prepared using the following modes through:
1. Online entry on the GST Portal.
2. Uploading of invoice and other GSTR-1 data using Returns Offline Tool.
3. Using third party application of Application Software Provider (ASPs) through GST Suvidha Providers (GSPs) http://www.companyregistrationkerala.in.
