QUERY

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FOR INCOME BELOW 1.5 CR., RETURN IS TO BE FILLED EITHER QUARTERLY OR OR MONTHLY . NOW MY QUERY
IS WHO CAN FILE QUARTERLY AND WHO CAN FILE MONTHLY ?

WHAT IS THE DIFFERENCE BETWEEN QUARTERLY AND MONTHLY RETURN?
Replies (1)
For assesses with turnover less than 1.5 crores in previous year are given an option to file GSTR-1 quarterly or monthly at thier option. Once option taken it cant be revoked.

In case of quarterly filing, GSTR-3B to be filed monthly while GSTR-1 is to be filed quartely showing details of sales for the whole quarter.

In case of monthly filing, both GSTR-1 & GSTR-3B to be filed monthly.


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