if u opted for quarterly returns succesfully and i have to opt for monthly so how would i change it ??
and if cant change so tell me consequences ??
help ??
CA Naveen Chand (Chartered Accountant) (12729 Points)
19 December 2017if u opted for quarterly returns succesfully and i have to opt for monthly so how would i change it ??
and if cant change so tell me consequences ??
help ??
CA Mayur Todmal
(Practicing CA)
(7756 Points)
Replied 19 December 2017
Once taxpayer has chosen the option "Quarterly", they cannot change this option in the remaining part of the financial year 2017-18. Thus, they will be required to file Quarterly returns and they cannot opt for Monthly filing of returns during current financial year.
You need to continue with this option till March 2018.
And it is applicable only for GSTR 1 ( till time), GSTR 3B is to be filed monthly only .