- GSTR-1: This is the form for outward supplies. Registered taxpayers are required to provide details of their outward supplies (sales) in GSTR-1.
- GSTR-2A: This is an auto-generated form that captures details of inward supplies (purchases) based on the information uploaded by the suppliers in their GSTR-1. Taxpayers can view and reconcile this information.
- GSTR-3B: This is a summarized return that taxpayers need to file monthly, providing a summary of both outward and inward supplies. It is a self-declaration form used for payment of taxes.
The government has made various changes to the GST return filing system to simplify the process and enhance compliance. The information provided here is based on the system as of my last update, and there may have been further updates or changes since then.
For the most accurate and up-to-date information, it is recommended to visit the official GST portal (https://www.gst.gov.in/) or consult with a tax professional who can provide guidance based on the current regulations and requirements. Tax laws and filing procedures can evolve, so it’s crucial to stay informed about any changes to comply with the latest GST rules.