Mistake in selection

219 views
User Avatar

31 Points Posted on 07 October 2020
Select for filing GSTR1 on quaterly basis instead of monthly return....what is the procedure to shift?? please
0 Reply Share Follow
On 07 October 2020 at 22:23 Report
Replies (4)
Quick Summary
This discussion addresses a common GSTR1 filing error where businesses mistakenly opt for quarterly returns instead of monthly. It clarifies that if no GSTR1 has been filed for the financial year, a switch to monthly is possible. However, if a return has already been filed for the current quarter, the change can only be made for the subsequent financial year.

User Avatar

Tax and Business Consultant
11616 Points Posted on 07 October 2020
If your are not filed any GSTR 1 for that Financial year, than you can shift to Monthly return, otherwise not possible
Reply
On 07 October 2020 at 22:50
User Avatar

31 Points Posted on 07 October 2020
Ohkzz...actually client submitted their gstr 1 for 2nd quater...bt nw he is expected the turnover exceed the limit
Reply
On 07 October 2020 at 22:56
User Avatar

Tax and Business Consultant
11616 Points Posted on 07 October 2020
Than it's ok...you can not change for this year..
Next year, Choose monthly
Reply
On 07 October 2020 at 22:59
User Avatar

GST Practitioner
55067 Points Posted on 08 October 2020
Only next year you can change the Qtly to monthly mode.
1 Reply
On 08 October 2020 at 00:08

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Capital gains incidence due to bonus shares
  2. Amendment of Object Clause of Memorandum
  3. How Can I Request a Refund for an Accidental Airte
  4. TDS on salary paid in cash
  5. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
  6. Last Date To Fill ITR For Non-Audit Case
  7. Guidance Required on Filing Fresh Registration und
  8. IT Return Refund Status AY 2026-27
  9. Clarification Regarding Income Tax Demand Notice
  10. Online PAN Download: Check How?

More recent discussions | Post

Related Topics :

Loading