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Gst return option wrongly selected

virendra barwar (entrepreneur)     02 June 2020

virendra barwar
 21 points

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GST return option wrongly selected monthly. Then what about next process for quarterly return. Over turnover not excess 1.5 cr
Otherwise we full monthly return then any problem in future.
Please suggest right option


yash (accountant)     02 June 2020

 31 likes  509 points

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You can change the Quarterly return option in next financial  year. For current year file return monthly

1 Like

Raj C Doshi (Practising CA)     02 June 2020

Raj C Doshi
Practising CA 
 290 likes  4116 points

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I agree with vishesh surana ji... please opt for monthly GSTR 1 in your best interests.

Account Bird   02 June 2020

Account Bird

 6 likes  125 points

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If you had not filed any GST return in this current F.y., so you can amend the Gst filling option still. Otherwise you can change in next F.y.

1 Like

Pankaj Rawat (GST Practitioner)     03 June 2020

Pankaj Rawat
GST Practitioner 
 3598 likes  48756 points

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Actually there is no problem in opting monthly return even though your turnover is below 1.5 crore . , yes the problem would have been arose when you are liable to opt for monthly but wrongly opted Qtly .

Note : Now in next FY you will allow to opt for Qtly


Shivam RC (Student)     03 June 2020

Shivam RC
 2879 likes  22714 points

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This is a problem with the GSTN Network. You can only change your Return filing Option ( i e. Quarterly or Monthly ) on the beginning of the Financial Year.

So you have to continue with "Monthly Return" for this Financial Year.

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