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Intuit
2 helpful votes

Know more about GST registration type for customers in QuickBooks

For the filing of GSTR1, transactions need to be classified depending on the type of customer to whom the sale is done. To facilitate this, we have introduced a new field as ‘GST registration type’. This field will also enable QuickBooks to fill GSTR1 accurately.

Listed below are the customer types available in QuickBooks:

  1. GST registered- Regular: Is a customer who has a business which is registered under GST and has a GSTIN (doesn’t include customers registered under composition scheme, as an SEZ or as EOU's, STP's EHTP's etc.)
  2. GST registered- Composition: Is a customer who has a business which is registered under the composition scheme of GST and has a GSTIN.
  3. GST unregistered: Is a customer who has a business which is not registered under GST and does not have a GSTIN.
  4. Consumer: Is a customer who is not registered under GST and is the final consumer of the service or product sold.
  5. Overseas: Is a customer who has a business which is located out of India.
  6. SEZ: Is a customer who has a business which is registered under GST, has a GSTIN and is located in a SEZ or is a SEZ Developer
  7. Deemed exports- EOU's, STP's EHTP's etc.: Is a customer who has a business which is registered under GST and falls in the category of companies (EOU's, STP's EHTP's etc.), to which supplies are made they are termed as deemed exports.

The default values that are enabled for different type of customers are as below:

Customer Type GSTIN available GST registration type
Existing Yes GST registered- Regular
Existing No Consumer
New No Consumer

Note: The values in the GSTR1 will depend on the customer GST registration type you have chosen.

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