GSTN issues Advisory for Form GSTR-1A

The GSTN has issued an advisory on the optional Form GSTR-1A, introduced by notification No. 12/2024 – Central Tax. This form allows taxpayers to add or amend details of supply for the current tax period that were missed or incorrectly reported in Form GSTR-1 before filing Form GSTR-3B. Available from August 2024, it reflects changes in Form GSTR-3B and impacts ITC in Form GSTR-2B for the next period. It is available monthly for regular taxpayers and quarterly for QRMP taxpayers, with specific guidelines for each.