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Gstr 1 frequency

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21 May 2018 Dear Experts,

If someone has
A) two distinct GST Numbers for two different businesses but under single proprietorship and
B) 1st business has turnover of 4 to 5 lakh annually and
C) 2nd business has turnover Appx. 2.5 to 3 Crore.

Can he select GSRT 1 frequency Quarterly for 1st business & monthly for 2nd business.

21 May 2018 Yes you can do

22 May 2018 But some experts says ' If aggregate turnover (of all business entities across India) of taxpayer having same PAN is above 1.50 Cr. , he has to file GSTR 1 monthly.
Please clarify.




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