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Difference between GSTR 3B and GSTR 1
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GSTR 3B includes :-
-Summary of Outwards and Inwards Supplies
-Monthly basis irrespective of turnover
-ITC Details and Details of Inwards Supplies on which RCM is applicable.
GSTR 1 includes :-
-Invoice-wise Details of Outwards Supplies
-Turnover upto 1.5 cr, then you have to file quarterly but if your turnover exceeds 1.5 Cr, then you have to file monthly
-HSN Summary of Supplies
-Summary of Outwards and Inwards Supplies
-Monthly basis irrespective of turnover
-ITC Details and Details of Inwards Supplies on which RCM is applicable.
GSTR 1 includes :-
-Invoice-wise Details of Outwards Supplies
-Turnover upto 1.5 cr, then you have to file quarterly but if your turnover exceeds 1.5 Cr, then you have to file monthly
-HSN Summary of Supplies
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