For GST-registered businesses in India, knowing the distinctions between GSTR-1, GSTR-2, and GSTR-3B is critical for effective compliance and avoiding penalties. Each return serves a unique purpose in the GST framework, with recent regulatory changes making timely and accurate filing even more important.
GSTR-1: Outward Supplies Return
Purpose:
Reports detailed information about all outward supplies (sales) made during the tax period, including invoices, debit/credit notes, and amendments910.
Summary:
GSTR-1 reports outward supplies, GSTR-2A/2B tracks inward supplies for ITC, and GSTR-3B is the summary return for tax payment. Understanding and reconciling these returns is vital for smooth GST compliance and avoiding penalties in 2025.
SLA Consultants Why Is GSTR-2 Suspended? Everything You Need to Know, Get Practical GST Course in Delhi, 110093, by SLA Consultants India, New Delhi, details with New Year Offer 2025 are available at the link below:
https://www.slaconsultantsindia.com/certification-course-gst-training-institute.aspx
https://slaconsultantsdelhi.in/gst-course-training-institute/
Contact Us:
SLA Consultants India
82-83, 3rd Floor, Vijay Block,
Above Titan Eye Shop,
Metro Pillar No. 52,
Laxmi Nagar, New Delhi,110092
Call +91- 8700575874
E-Mail: hr@slaconsultantsindia.com
Website: https://www.slaconsultantsindia.com/
