A new startup is seeking clarification on their GSTR1 filing frequency, as it was automatically set to monthly despite their turnover not yet exceeding the threshold. They've learned that the initial filing is monthly, after which they can switch to quarterly. The user is asking when they can make this switch, specifically if it's possible next month or after the first quarter.
01 May 2024
A new start up started in April 2024. I logged in and there was a message you have not opted for return frequency...as i clicked it automatically switched to monthly...turnover till date is Rs.50Lakhs...how it is selected monthly by default if turnover not crossed the threshold till date?