Return filing preference

My Turnover had crossed Rs. 5 Crore in previous year. But I missed to change my return filing preference from quarterly to monthly for 1st quarter. What will be the consequences of this?

Thanks & regards.

Replies (5)
Quick Summary
If your business turnover exceeded 5 Crore in the previous year and you missed changing your GSTR filing preference from quarterly to monthly for the first quarter, there might be minor consequences. While the department usually doesn't raise queries, you've now opted for monthly submissions which should resolve the issue. You may need to provide a reply if the department contacts you.

Starting July 2024 you will need to submit your GSTR monthly. However until June 2024, you will continue filing on a quarterly basis. Now you can opt for monthly.

Do I need to face any issue for 1st Quarter?

If Department ask any query about your matter than you will submit your reply, mostly department doesn’t ask any query regarding this. Otherwise, no need to worry since you have now opted for monthly submissions… .

Thank U so much for your replies

First is mine

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