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Return filing frequency

187 views 3 replies

Sujit Saha

243 Points Joined August 2017

If someone has turnover more than 1.5cr in the previous financial year, but expecting the turnover, to be less than 1.5cr in current financial year, than what would be the return (GSTR 1) filing frequency. can he opt for quarterly filing option. looking forward to your valuable suggestions.

Replies (3)

Nivesh tater

Tax Executive at Mazars India Bangalore

205 Points Joined February 2011

While refering Circular 26/26/2017-GST, the frequency of filing GSTR-1 monthly, where person having aggregate turnover in the previous FY or current FY above 1.5Cr. Monthly would be applicable in your case. Do follow @ gstgist for regular updates and amendments on Instagram.