Quarterly return for Jul-sept for regular taxpayer.

Return 407 views 6 replies
Just saw the timelimit for return filing dates on gst portal.
Surprisingly, it mentions that for the Regular taxpayer under 1.5 cr , the GSTR1 can be submitted quarterly for the period of Jul-sept and due date is 31st Dec.
Is this new rule ?
As far as my understanding concerned, i think that for July, Aug and Sept , Gstr1 return should be submitted for each month separately for everyone except composition taxpayers and Oct-Dec gstr1 return for regular taxpayers under 1.5 cr should be submitted quarterly with due date somewhere around 10th Feb 2018.
Can anyone confirm gstr1 quarterly return for Jul- Sep for regular taxpayer under 1.5 cr bracket ?

I can't post screenshot of gst portal page on mobile app.
Replies (6)
As per latest notification came on 15 th October... Below turnover 1.5 crore... Quarterly Gstr1 should be submitted... Monthly return only gstr3b
@ Divakarji, regular taxpayer below 1.5 cr can submit quarterly gstr1 from the period oct 17 onwards. It means he has to submit monthly gstr1 for the months of July, august and September. But new timelimits showing on gst portal suggest that regular taxpayer under 1.5 cr should submit quarterly return of gstr1 for the period of July-sept by 31st dec. Isn't it surprising ?
Quarterly retun should be filed from July onwards... Plz go through gst last Council meeting circular... As i am unable to post circular here bcz of mobile
No surprising... It came 1.5 month earlier notification... And jaitley sir also tweeted that... As small assess is facing difficulty in monthly return that's why decision has come
Thanks Divakarji for clarification. Its really frustrating to see that Government make rule X, amend it in its meeting as rule Y and notifies it as rule Z.
Haha... It came in last meeting of gst Council.. In that last meeting much amendments came... Just go through that... Now inter state also allow with threshold limit... No gst registration required... Please follow Gst @ goi twitter site... Where every notification came


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register