GSTR-1 Rate wise Summary Report
Learn how to use and analyze Rate wise Summary Report
- This report provides GST rate wise summary on the basis of GSTR-1 filed data along with document count and tax summary as per major tax heads i.e IGST, CGST and SGST on Return period level as well as Financial Year level
- Rate-wise Summary is a summary of all the sales made in the respective filing period according to the GST rates as reported in GSTR-1 ‘Outward supplies’
- This report helps in analyzing GSTR 1 data on rate wise basis for compliance requirement of GSTR 9C - Reconciliation of turnover on rate basis
- It also serves as a general validation before filing of GSTR-1
For selecting the reports, log into ClearTax GST, select the 'Business' tab.
Then click on the 'Reports' tab and select 'All Reports'.
Select 'Rate wise Summary Report' by clicking on 'View'.
You can also access the Reports from the dashboard and then select 'Rate wise Summary Report'.
Select 'Business' and then click on 'GSTIN'
Select the 'appropriate period’ and then click on ‘Download Report’
Click on ‘Check Status of GSTR-1 Filed Data Download from GSTN’ to pull data from GSTN incase not already present.
Incase data not already present, navigate to ‘GSTR-1 Filed Report’ to pull data from GSTN.
After successfully downloading data from GSTN , navigate back to ‘GSTR-1 Rates wise Summary Report’ to continue downloading your report .
You can use, analyze and share the report in Excel form