Still filed GSTR1 under QRMP scheme but this year turnover cross Rs 2 Cr
This query is : Resolved
12 April 2024
Sir
we are filing GSTR1 under QRMP scheme but this year(march 2024) turnover crossed Rs 2cr
should we need to change frequency of GSTR1 quarterly to Monthly????
or can remain same with QRMP scheme
regards
vikas
we are filing GSTR1 under QRMP scheme but this year(march 2024) turnover crossed Rs 2cr
should we need to change frequency of GSTR1 quarterly to Monthly????
or can remain same with QRMP scheme
regards
vikas
12 April 2024
Yes change to Monthly Periodicity
12 April 2024
Sir thanks for your prompt reply
below mentioned information available on SetIndia.com
Mandatory if aggregate annual turnover is more than Rs.5 crores VS Can be opted if the aggregate annual turnover is upto Rs. 5 crores
waiting for your precious opinion
below mentioned information available on SetIndia.com
Mandatory if aggregate annual turnover is more than Rs.5 crores VS Can be opted if the aggregate annual turnover is upto Rs. 5 crores
waiting for your precious opinion
12 April 2024
QRMP Scheme is for Turnover upto 5 Crores, so it is client's call to file Monthly or Quarterly
13 April 2024
Sir Thanks for your prompt reply every time
I just want to reconfirm IT'S OK IF WE CONTINUE WITH PREVIOUS SCHEME QUATERLY
actually we are not interested Monthly filing
waiting your precious advise
I just want to reconfirm IT'S OK IF WE CONTINUE WITH PREVIOUS SCHEME QUATERLY
actually we are not interested Monthly filing
waiting your precious advise
13 April 2024
Sure because in case if your liable, GST Portal would have selected Default Periodicity as Monthly and had not given you option for QRMP Scheme
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
