Filing GSTR-1 (Sales) on the GST Portal using Tally Prime: A Step-by-Step Guide

Filling Gstr 1 (Sales) On GST Portal

Introduction: 

The Goods and Services Tax (GST) is a tax system that was implemented in India to replace the multiple taxes levied on goods and services. One of the requirements of GST is filing monthly or quarterly returns, including GSTR-1 (Sales). GSTR-1 is a return that contains details of all outward supplies made during the month. In this article, we will provide a step-by-step guide on how to file GSTR-1 on the GST portal using Tally Prime.

Step 1: Create the Sales Vouchers in Tally Prime The first step in filing GSTR-1 is to create sales vouchers in Tally Prime. Sales vouchers can be created by navigating to the 'Accounting Vouchers' option in the Gateway of Tally and selecting 'Sales'. In the sales voucher, enter the details of the customer, the item(s) sold, the rate, and the tax rate applicable.

Step 2: Generate GSTR-1 Report in Tally Prime Once the sales vouchers have been created, the next step is to generate the GSTR-1 report in Tally Prime. To do this, navigate to the 'Gateway of Tally' and select 'Display' under the 'Statutory Reports' option. From the list of reports, select 'GST' and then select 'GSTR-1'. Select the appropriate month or quarter for which the GSTR-1 return is being filed.

Step 3: Export GSTR-1 Data to Excel from Tally Prime After generating the GSTR-1 report, the next step is to export the data to Excel. To do this, click on the 'Excel' button at the bottom of the screen. Save the Excel file in a suitable location on your computer.

Step 4: Upload GSTR-1 Data on GST Portal The next step is to log in to the GST portal and upload the GSTR-1 data that was exported from Tally Prime. To do this, select the 'Services' tab and then select 'Returns Dashboard'. Select the appropriate financial year and month/quarter for which the GSTR-1 return is being filed. Click on 'Prepare Offline' and upload the Excel file generated from Tally Prime. Once the data is uploaded, validate it to ensure that there are no errors.

Step 5: Submit GSTR-1 Return on GST Portal Once the GSTR-1 data has been uploaded and validated, the final step is to submit the GSTR-1 return on the GST portal. To do this, select the 'Submit' button and confirm the submission.

Conclusion: 

Filing GSTR-1 (Sales) on the GST portal using Tally Prime is a straightforward process that can save businesses time and effort. By creating sales vouchers in Tally Prime and generating the GSTR-1 report, businesses can easily export the data to Excel and upload it to the GST portal. By following the steps outlined in this article, businesses can file GSTR-1 returns on the GST portal accurately and on time, ensuring compliance with GST regulations.