30 November 2018
We are are consultants who are paid commission from exporters. We have GST registration and we are charging and depositing GST at the required rate of 18%. In this case can we opt for quarterly returns? Or are we required to file returns every month? Our GST practitioner is charging us for filing returns every month. We want to know is it really needed?
01 December 2018
There are two separate types of GST returns- 3B which is filed every month and GSTR-1 whose frequency is monthly or quarterly depending upon the turnover. If turnover is less than Rs 1.5 crore it is filed GSTR-1 and if it is more than 1.5 crore it is filed monthly.