GSTMonthly

GSTR-1 (Monthly) - Outward Supplies

Filing of outward supplies return for monthly filers

Due Date

11th of next month

Form Number

GSTR-1

Penalty

₹50 per day (with transactions) or ₹10 per day (nil return)

Frequency

Monthly

For businesses with annual turnover above ₹5 crores. Penalty varies based on whether return has transactions or is nil.

Compliance Guide

GSTR-1 (Monthly) - Outward Supplies is a monthly compliance requirement under GST regulations. It is important to file this compliance on time to avoid penalties and interest charges.

Key Points:

Due Date: 11th of next month
Form Number: GSTR-1
Penalty: ₹50 per day (with transactions) or ₹10 per day (nil return)
Frequency: Monthly
Note: For businesses with annual turnover above ₹5 crores. Penalty varies based on whether return has transactions or is nil.
Late filing can result in penalties and interest charges
It's recommended to file at least 2-3 days before the due date