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dealer under 1.5 cr. turnover.

Prashant Yeolekar (2 Points)

04 November 2017

Quarterly return applicable or not. GST payment monthly or quarterly.
Quarterly return from October or from January.

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4 Replies

Anupam Goswami (342 Points)
Replied 04 November 2017

according to notification upto september u need to pay monthly then from october it will be quarterly

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amol (ACC MGR) (204 Points)
Replied 04 November 2017

Gst payment monthly till Dec as u will be filing GSTR 3B n afterwards Returns n payment on Quarterly basis of

B Vinay Reddy (Hyderabad ) (7842 Points)
Replied 04 November 2017

Dear Prashanth,
As per the Press Release by GST Council on 22nd Meeting.
Taxpayers needs to file GSTR 3B on Monthly basis till December,2017

B Vinay Reddy (Hyderabad ) (7842 Points)
Replied 04 November 2017

5. To facilitate the ease of payment and return filing for small and medium businesses with annual
aggregate turnover up to Rs. 1.5 crores, it has been decided that such taxpayers shall be required to file
quarterly returns in FORM GSTR-1,2 & 3 and pay taxes only on a quarterly basis, starting from the third
quarter of this financial year i.e. October-December, 2017. The registered buyers from such small
taxpayers would be eligible to avail ITC on a monthly basis. The due dates for filing the quarterly
returns for such taxpayers shall be announced in due course. Meanwhile, all taxpayers will be required to
file FORM GSTR-3B on a monthly basis till December, 2017. All taxpayers are also required to file
FORM GSTR-1, 2 & 3 for the months of July, August and September, 2017. Due dates for filing the
returns for the month of July, 2017 have already been announced. The due dates for the months of
August and September, 2017 will be announced in due course.