Single Click Nil Filing of GSTR-1 has been introduced to improve the user experience and performance of GSTR-1/IFF filing on the GSTN portal. Taxpayers can now file a NIL GSTR-1 return by ticking the File NIL GSTR-1 checkbox available on the GSTR-1 dashboard.
The detailed advisory of Filling Nil GSTR1 is mentioned below
It is continuously striving to improve the user experience and performance of GSTR-1/IFF filing and thus has achieved significant improvements in the summary generation process, faster response time, and enhanced user experience for taxpayers. Single-click NIL filing of GSTR-1 has been introduced on the GST portal to further simplify the return filing experience.
Taxpayers can now file a NIL GSTR-1 return by ticking the File NIL GSTR-1 check box available on the GSTR-1 dashboard.
Eligibility to file NIL GSTR-1
Taxpayers can file NIL GSTR-1 if they have:
- No outward supplies (including reverse charge tax supplies, zero-rated supplies, and deemed exports) shall be made during the months or quarters for which the form is being filed or
- No Amendments are to be made to any of the supplies declared in an earlier form,
- No Credit or Debit Notes to be declared/amended,
- No details of advances received for services are to be declared or adjusted.
Steps to file NIL GSTR-1
Taxpayers shall log in to the GST portal and navigate to the online form GSTR-1 by selecting the relevant GSTR-1 period in the Returns dashboard (Services > Returns > Returns Dashboard > Form GSTR-1 > Prepare Online).
1. Select File NIL GSTR-1 checkbox:
In the GSTR-1 dashboard, a File NIL GSTR-1 checkbox shall be available at the top. If the taxpayer is eligible to file NIL GSTR-1, they can select the File NIL GSTR-1 On click of the checkbox, the system will show a note related to NIL filing and all the tiles/tables shall be hidden.
Nil filing of GSTR-1 will not be allowed in case there are already saved records in GSTR-1. The taxpayers are advised to delete already saved records or reset GSTR-1 data by clicking the RESET button available on the GSTR-1 dashboard before filing NIL GSTR-1. (Above image).
2. File Statement:
To file Nil GSTR-1, taxpayers need to click the File Statement button, which shall be available at the bottom of the GSTR-1 dashboard page. On clicking of ‘File Statement’ button, taxpayers will be navigated to the filing page to file GSTR-1/IFF using DSC/EVC.
Check the latest Income Tax News, Income Tax Slabs, Income Tax updates, Tax filing, Income Tax Refund, deductions, and Income Tax Returns. And also Read all the latest GST news, articles, notifications, circulars, and case laws news on Edueasify.