Simplified Advisory on Incorporating New Tables 14 and 15 in GSTR-1IFF

In a significant update to the GST filing process, the GST Council has introduced Tables 14 and 15 in the GSTR-1/IFF form, effective from January 2024. This modification aims to streamline the reporting process for transactions involving e-commerce operators (ECOs) and suppliers operating through them. Here’s a detailed overview of what these new tables entail and how they impact the filing process.

• Table No 14 and 15 relevant for only those taxpayers who either supply through e-commerce operator (ECO) or those e-commerce operators who are liable to pay tax u/s 9(5) of the GST Act.
• These Tables are added in GSTR-1 applicable for January 2024.
• Table No 14 (a)-  Supplier to report details of supplies made through ECO on which TCS collected u/s 52 of the Act. Liability of supplies need to be reported in Table No 4 to 10 of GSTR-1 but ECO-GSTIN wise summary  need to be reported in TABLE No 14(a). Tax liabilities not to be effected by this table in GSTR-3B. Amendments to be reported in Table No 14A (a).
• Table No 14 (b)-  Supplier to report details of supplies made through ECO on which ECO are liable to pay tax u/s 9(5) of the Act. It means supplier not liable to pay tax in this case eg Passenger Transport services, accommodation services, Housekeeping services, restaurant services
• Above values will be auto-populated in Table No 3.1.1(ii) of GSTR-3B.
• Amendments to be reported in Table No 14A (b).
• Table No 15 : E-commerce operators to report - Supplies on which they are liable to pay tax u/s 9(5) of the Act. Such supplies need not be reported any-where in GSTR-1/IFF

• Four kind of supplies can be reported-
  • B2B ( Registered Supplier to Registered recipient)
  • B2C(Registered Supplier to Un-registered recipient )
  • URP2B(Unregistered Supplier to Registered recipient)
  • URP2C(Unregistered supplier to un-registered recipient)

• The values shall be auto-populated in Table 3.1.1(i) of corresponding GSTR-3B and such liabilities is to be paid by the ECOs in GSTR-3B in cash.
• Amendments to be reported in Table 15A (I) & 15A (II).

Implications for Suppliers and E-commerce Operators

These updates necessitate suppliers and ECOs to adapt their reporting mechanisms to accommodate the new requirements. For suppliers, distinguishing between supplies made directly and those facilitated by ECOs becomes crucial. Meanwhile, ECOs must ensure accurate reporting of transactions under their tax liability, facilitating compliance and transparency.

Conclusion 

The introduction of Tables 14 and 15 in GSTR-1/IFF marks a pivotal enhancement in the GST filing framework, specifically designed to address the complexities associated with e-commerce transactions. By segregating the reporting structure for ECO-related transactions, the GST Council aims to streamline the compliance process, ensuring accurate tax collection and reporting. Suppliers and ECOs must familiarize themselves with these changes to ensure seamless integration into their filing processes.