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Showing posts from March, 2021

What is 'RESET' option in GSTR-1 ?

The GST portal has enable "Reset" option in GSTR-1/IFF on the GST Portal. What will happen if you click on reset button? It will delete all the data from all tables which you had mistakenly/wrongly entered. It is very useful tool to delete the details which you had saved on portal. Earlier it was time consuming process to delete the data which was wrongly entered. Please Note:- You cannot delete the submitted GSTR-1/IFF details. The 'RESET' button is used to delete only the saved details and not submitted or filed.   'RESET' button will freeze once you submit or filed the return.