Menu
GSTR1 Quarterly basis
Dear all, one supplier filing GSTR1 on quarterly basis, so we can't avail ITC at the same month as per rule 36(4). shall I ask him to file monthly or not. my view is those who are having turnover below 1.5 crore GSTR1 Quarterly basis is only optional not mandatory. so we are paying tax on monthly basis then we can ask him to file on monthly basis, otherwise we will pay the tax amount only when it was reflect in our gstr2A, is it right or not
Replies (1)
Yes. Ask supplier to file on monthly basis on voluntary basis. Unless,its a monopoly and no alternative supplier available to you, you could even tell him that otherwise we will have to look for alternate supplier filing monthly return. So then things will fall in place.
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
