{"id":296,"date":"2025-05-06T05:37:10","date_gmt":"2025-05-06T05:37:10","guid":{"rendered":"https:\/\/rbnaca.com\/insights\/?p=296"},"modified":"2025-05-06T05:37:57","modified_gmt":"2025-05-06T05:37:57","slug":"important-changes-in-gstr-1","status":"publish","type":"post","link":"https:\/\/rbnaca.com\/insights\/important-changes-in-gstr-1\/","title":{"rendered":"Important changes in GSTR-1"},"content":{"rendered":"<p><strong>HSN Code Changes in GSTR-1 Table-12 from May.2025<\/strong><\/p>\n<p>The Goods and Services Tax Network (GSTN) has announced <strong>Phase-III changes<\/strong> to the GSTR-1 and GSTR-1A filing formats, which will be effective from the <strong>tax period of May 2025<\/strong>. These changes were initially scheduled to be implemented from April 2025 but will now come into effect from May 2025<\/p>\n<p><strong>1.Structural Changes<\/strong><\/p>\n<ul>\n<li>Table-12 will now be split into two separate tables:\n<ul>\n<li>One for Business-to-Business (B2B) transactions<\/li>\n<li>One for Business-to-Consumer (B2C) transactions<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>2.HSN Code Reporting Enhancements<\/strong><\/p>\n<ul>\n<li>Taxpayers are required to report HSN-wise summary of supplies separately in each of the two tables.<\/li>\n<li>Manual entry of HSN codes will be discontinued.<\/li>\n<li>Instead, taxpayers must select the HSN code from a pre-defined dropdown list provided on the portal.<\/li>\n<\/ul>\n<ol start=\"3\">\n<li><strong> Objectives<\/strong><\/li>\n<\/ol>\n<ul>\n<li>To standardize data reporting<\/li>\n<li>To minimize errors and mismatches<\/li>\n<li>To improve data quality and compliance in GST filings<\/li>\n<\/ul>\n<p><strong>Mandatory Filing of Table 13 \u2013 List of Documents Issued<\/strong><\/p>\n<p>Another important update is the\u00a0mandatory reporting in Table 13\u00a0of GSTR-1\/1A. This table requires taxpayers to furnish the\u00a0details of documents issued\u00a0during the tax period, including:<\/p>\n<ul>\n<li>Invoices for outward supply<\/li>\n<li>Invoices for inward supply from unregistered persons<\/li>\n<li>Debit notes<\/li>\n<li>Credit notes<\/li>\n<li>Receipt vouchers, refund vouchers, etc.<\/li>\n<li><\/li>\n<\/ul>\n<p>Until now, this table was not strictly enforced for all taxpayers. However, from\u00a0May 2025 onwards, filing\u00a0Table 13\u00a0becomes compulsory for\u00a0all GST filers, ensuring a more robust audit trail and accurate tracking of document issuance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSN Code Changes in GSTR-1 Table-12 from May.2025 The Goods and Services Tax Network (GSTN) has announced Phase-III changes to the GSTR-1 and GSTR-1A filing formats, which will be effective from the tax period of May 2025. These changes were initially scheduled to be implemented from April 2025 but will now come into effect from &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/rbnaca.com\/insights\/important-changes-in-gstr-1\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Important changes in GSTR-1&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[22,52,53],"class_list":["post-296","post","type-post","status-publish","format-standard","hentry","category-gst","tag-gst","tag-gstr-1","tag-update"],"_links":{"self":[{"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/posts\/296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/comments?post=296"}],"version-history":[{"count":1,"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/posts\/296\/revisions"}],"predecessor-version":[{"id":297,"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/posts\/296\/revisions\/297"}],"wp:attachment":[{"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/media?parent=296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/categories?post=296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rbnaca.com\/insights\/wp-json\/wp\/v2\/tags?post=296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}