Monday, 18 December 2017

GST - LATEST


If a taxpayer opts to file quarterly returns if their annual turnover is less than Rs 1.5 Cr (on basis of turnover in previous financial year or this financial year ), then GSTR 1 of Aug, 2017 is disabled and he can file details for Aug and Sep, 2017 in GSTR 1 of September, 2017 and so on.

Taxpayer has now been provided with Table 9 of Form GSTR 1, to give amendment details of invoices/ credit or debit notes etc. of previous period.

Kindly Note: while filing Quarterly return only Aug & Sep data to be mentioned July Return to be filed separately.


Kindly select the appropriate option while filing the GSTR-1. Once option is selected, it can’t be changed. Quarterly return is not compulsory, you have choice to select. (for T/0 below 1.5Cr) Once you select Quarterly return mode, you have to follow this scheme for whole year.

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