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Turnover exceeding 1.5 cr
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.
Replies (4)
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 .
please confirm with GSTN help desk on portal .
Even if turnover got exceed 1.5 crore
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...
But from next year You are required to select Monthly filing...
Is there any problem with this issue bcz its quiet uncertain to estimate turnover.
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