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selectionn of return filing

29 December 2017

while filing my GSTR1 we
wrongly selected quaterly instead of monthly since my income crossed 150 lacs in last year filed upto September .My qtn is how to rectify from quarterly to monthly pl suggest .tomorrow is last date
ksp

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4 Replies

Sumati Bengani (1) (1570 Points)
Replied 29 December 2017

refer:

https://twitter.com/askGSTech/status/946621132009959425

At present, option to revert is not available. File all details in quarterly return for the time being.

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Baljeet Singh (CA, B.Com (H)) (954 Points)
Replied 29 December 2017

Originally posted by : Prakash Rao
	while filing my GSTR1 we wrongly selected quaterly instead of monthly since my income crossed 150 lacs in last year filed upto September .My qtn is how to rectify from quarterly to monthly pl suggest .tomorrow is last dateksp

Once you have pted for quarterly, there is no possibility of switching.

You have to file quarterly till March 2018

Ankit Sha (75 Points)
Replied 29 December 2017

is there any consequences for that mistake

Sumati Bengani (1) (1570 Points)
Replied 20 January 2018

Well at present there is no penal consequences for this in the legislature. This being a technical issue, it is expected that the GSTN would make provision for correction of mistake in times to come.