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Turnover exceeding 1.5 cr

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Kkk
1204 Points Posted on 08 September 2020
if a firm turnover got exceed 1.5 cr then its monthly filling for gstr1 get enabled by itself or it is to be enabled.
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On 08 September 2020 at 12:45 Report
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3924 Points Posted on 08 September 2020
One can not shift from quarterly to monthly in between the financial year neither enable itself . You. have to wait until April 2021 new financial year to shift from quarterly to monthly.

please confirm with GSTN help desk on portal .
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On 08 September 2020 at 13:20
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Kkk
1204 Points Posted on 08 September 2020
Even if turnover got exceed 1.5 crore
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On 08 September 2020 at 22:12
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Tax and Business Consultant
11616 Points Posted on 08 September 2020
Yes, it's not automatically changed... for this year it's continue to be quarterlly.
But from next year You are required to select Monthly filing...
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On 08 September 2020 at 22:56
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Kkk
1204 Points Posted on 09 September 2020
Is there any problem with this issue bcz its quiet uncertain to estimate turnover.
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On 09 September 2020 at 07:24


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