Last Year Turnover In GSTR-1
ANAND KHATER (78 Points)
12 June 2018
Is it mandatory to enter Last Year Turnover In GSTR 1 Of April 2018.
18 Replies
Jatin
(Accountant)
(3479 Points)
Replied 12 June 2018
@ Mr. Raja P M Sir, if not mandatory why are department want last year turnover details in GSTR 1
MURALI NADIMINTI
(502 Points)
Replied 12 June 2018
every month updation of turnover is not compulsory.if one month updated ie April, it is enough. no need to update every month.
at least one month should be updated.or else system may not accepted to file return.
at least one month should be updated.or else system may not accepted to file return.
ANAND KHATER
(78 Points)
Replied 12 June 2018
But Turnover Of Apr To Jun 2017 has already been inserted last year??
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 12 June 2018
Thats what i want to say ,.. actualy the portal has not being updated in this regard
ANAND KHATER
(78 Points)
Replied 12 June 2018
System accepts the return even if turnover details are not filled.
Jatin
(Accountant)
(3479 Points)
Replied 12 June 2018
Better, if you fill turnover details (if you not filled system shown zero turnover)
stapler
(bus)
(307 Points)
Replied 12 June 2018
What is "Turnover" for a proprietorship concern (a manufacturing unit) ? If the Proprietor has also bought & sold equity shares of listed companies under his own PAN during the previous year for example, would that turnover be also added to the business entity's sales turnover? Pls someone clarify. Thanks.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 June 2018
🌹🌹🌹🌹🌹
Simply said as per my understanding and given details for Your understands...
Remainder :
At the time of July 17 GST return the same details asked by CBEC* and Taxpayers are showing their Turn Over details in the same Column...
Current Scenario (GSTR 1 return - Apr 18) :
The same details or Same Column ask the same details without any changes or the nature...
Conclusion :
If it's mandatory then it's automatically update with our filing details... 😊😊😊
Simply said as per my understanding and given details for Your understands...
Remainder :
At the time of July 17 GST return the same details asked by CBEC* and Taxpayers are showing their Turn Over details in the same Column...
Current Scenario (GSTR 1 return - Apr 18) :
The same details or Same Column ask the same details without any changes or the nature...
Conclusion :
If it's mandatory then it's automatically update with our filing details... 😊😊😊
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