Gstr1 - july-august-september : what is soloution?

Return 2589 views 12 replies

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Dear Experts.,

All of You good evening and Very thankful for Taxation Related Supporting to All...

Recently changed the GST filing options especially GSTR 1....!

The GSTR 1 filing is monthly return to Turn Over Above Rs. 1.5 crores dealers.

They ll be file monthly for GSTR 1.

But,

The same GSTR 1 return is Quarterly basis to Turn Over Less then Rs. 1.5 crores dealers...!!!

In 22nd GST council meeting 6th October 2017 - point no .5 they declared as following

"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"

After 35 days they ll meet once again as "23rd GST council Meeting" on 10th November 2017 and declared as following

(a)Taxpayers with annual aggregate turnover upto Rs. 1.5 crore need to file GSTR-1 on quarterly basis as per following frequency: Periods "Jul- Sep - 31st Dec 2017" "Oct- Dec- 15th Feb 2018" "Jan- Mar 30th April 2018"

Here a "BIG COMEDY" the JULY-2017 GSTR 1 Filed By many more Taxpayers...

No more clarity for filing GSTR 1 for the Quarter of "JULY - SEPTEMBER".

I also ask it to CBEC help desk, in Twitter @ askGST_GoI & @ askGSTech. No replies there. Bcoz, they are not aware...

Also they are not ready to construct first monthly (Jul-Sep) and next Quarterly.

Bcoz, It's risky and they can't try to confirm. So they ll simply said file Quarterly.

Then What is the Solution for already filed GSTR 1 for July...

How to file GSTR 1 for "July-September"...?

Already filed July returns then ll be file It's include or Exclude...

Please give your Valuable Comments & Suggesstions with reasonable...!!!

Thanks & Regards

RAJA P M

Replies (12)

Divakar

Student CA Final

11857 Points Joined May 2015

We are expecting a solution from ur side @ Raja sir... We r waiting for further notification by department

g mahesh Mundra

Business and tax consultant

3299 Points Joined September 2017

nothing Raja sir we could wait for sometime and first let them clear their doubts themselves

Yash Goyal

Accountant Businessmen

209 Points Joined July 2017

I'm also agree with Raja Sir, the Quarterly return filing must be start from Oct - Dec. They should open to file the return of Aug & Oct.

Manu Kumar Rana

New Updates

358 Points Joined November 2015

Hi Raja sir ,

I have an idea for your query, first I will tell abt GSTR1

See sir the Govt of India said who are having turnover up to 1.5c they can file GSTR 1 on a quarterly basis but the Govt is not giving any option for quarterly basis filing of GSTR 1 in the GST portal.

That means ,GSTR 1 for the month of july 2017 we can file it in July .Aug.sept anytime before due of first a quarterly or Three month of GSTR 1 we can file in sept month aslo.

All GSRT 1 return filing should be finished before due date of first a quarter.

if anything is there suggest me .

Manu Kumar Rana

New Updates

358 Points Joined November 2015

three months of GST 1 we need to file separately before due date of a quarter basis.

g mahesh Mundra

Business and tax consultant

3299 Points Joined September 2017

Yes you are correct may be

manoj

student

5205 Points Joined February 2009

we should wait for notification from department

V NAVEEN KUMAR

ARTICLES

56 Points Joined December 2014

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Yes Mr. V NAVEEN KUMAR.,

already I got it...
Thank you for the Reply...

Anupam Anand

5 Points Joined June 2017

I have <1.5 cr turnover... I started my business from 1st Sept .... I have already filed the GSTR-1 July return which was Nil.... But when I try to file return for GSTR-1 August which is again NIL it shows error.....

"Error! GSTR-1 Save/Action on Counterparty Invoices/Submit are not allowed for current date, Please visit https://www.gst.gov.in for details on GSTR-1 timelines."

Dont know whther they have opened the return for August OR will the open it for August and September both after some days (before Dec 31)?

Shouldnt they ask for one more information to all registered users that if they have Turnover < 1.5Cr or >1.5Cr , So that they can present a seperate form for filling Returns for both category accordingly ... i.e. a Quarterly GSTR-1 form for < 1.5Cr ?

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

GSTR 1 filing not available in portal. Wait on further availability...

Jayant

Accounts

191 Points Joined April 2017

In the GSTN Webinar, it was made clear that those who have already filed July'2017 return (1 & 3B), need to file August'17 & September'17 GSTR-1 returns monthly (irrespective of Turnover, whether Turnover <1.5 Cr or >1.5Cr. From third quanrter Oct-Dec'2017, quanrterly return facility shall be made available to GST Assessee having Turnover <1.5 Cr.

I think I saw this Point of View in webinar, PLEASE correct me, if I am wrong.