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Last Year Turnover In GSTR-1

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78 Points Joined July 2017
Is it mandatory to enter Last Year Turnover In GSTR 1 Of April 2018.
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On 12 June 2018 at 21:19 Report
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Accountant
3479 Points Joined August 2014
Yes.....
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On 12 June 2018 at 21:26
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
No... Not mandatory.
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On 12 June 2018 at 21:30
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Accountant
3479 Points Joined August 2014
@ Mr. Raja P M Sir, if not mandatory why are department want last year turnover details in GSTR 1
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On 12 June 2018 at 21:43
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502 Points Joined February 2018
Yes it mandatory to update turnover in Gstr1
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On 12 June 2018 at 21:49
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GST Practitioner
55067 Points Joined June 2017
I agree with Mr. Raja
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On 12 June 2018 at 21:58
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502 Points Joined February 2018
every month updation of turnover is not compulsory.if one month updated ie April, it is enough. no need to update every month.

at least one month should be updated.or else system may not accepted to file return.
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On 12 June 2018 at 22:13
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Accountant
3479 Points Joined August 2014
Agree with Mr. Murali
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On 12 June 2018 at 22:17
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78 Points Joined July 2017
But Turnover Of Apr To Jun 2017 has already been inserted last year??
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On 12 June 2018 at 22:53
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GST Practitioner
55067 Points Joined June 2017
Thats what i want to say ,.. actualy the portal has not being updated in this regard
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On 12 June 2018 at 22:57
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78 Points Joined July 2017
System accepts the return even if turnover details are not filled.
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On 12 June 2018 at 22:58
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Accountant
3479 Points Joined August 2014
Better, if you fill turnover details (if you not filled system shown zero turnover)
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On 12 June 2018 at 23:04
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bus
307 Points Joined December 2007

What is "Turnover" for a proprietorship concern (a manufacturing unit) ? If the Proprietor has also bought & sold equity shares of listed companies under his own PAN during the previous year for example, would that turnover be also added to the business entity's sales turnover? Pls someone clarify. Thanks.

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On 12 June 2018 at 23:23
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24196 Points Joined May 2018
I too agree with everybody's view.
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On 12 June 2018 at 23:37
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
🌹🌹🌹🌹🌹

Simply said as per my understanding and given details for Your understands...

Remainder :
At the time of July 17 GST return the same details asked by CBEC* and Taxpayers are showing their Turn Over details in the same Column...

Current Scenario (GSTR 1 return - Apr 18) :
The same details or Same Column ask the same details without any changes or the nature...

Conclusion :
If it's mandatory then it's automatically update with our filing details... 😊😊😊
1 Reply
On 13 June 2018 at 08:12

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