GST

Monthly filing of Form GSTR-1 option once chosen cannot be changed in remaining part of FY

Monthly filing of Form GSTR-1 option once chosen cannot be changed in remaining part of financial year 2017-18. Such taxpayers cannot file Quarterly returns

Taxpayers, who have opted for Monthly filing of Form GSTR 1, please note:

(1) Taxpayers, who have opted for Monthly filing of Form GSTR 1, can do so for the month of July, August, September, October and November 2017, sequentially.

(2) Return for a particular period can be filed if corresponding Returns (GSTR 3B and GSTR 1) for the previous months have been filed.

(3) Once you have chosen the option ‘Monthly’, you cannot change this option in the remaining part of the financial year 2017-18. Thus, you will be required to file Monthly returns and you cannot opt for Quarterly filing of returns

 

Share

Recent Posts

  • Income Tax

SC condoned delay of 972 days in filing appeal due to restructuring in Department

Supreme Court condoned delay of 972 days in filing appeal due to restructuring in Income Tax Department In a recent…

9 hours ago
  • Income Tax

No addition on mere valuation report when stamp duty valuation is available

Addition can not be made relying on the valuation report of property when the stamp duty valuation is also available…

13 hours ago
  • Income Tax

ITAT deleted penalty for making a wrong claim of deduction u/s 54F/54B

Wrong claim of deduction u/s 54F/54B was not a case of concealment of particulars of income or furnishing inaccurate particulars…

15 hours ago
  • GST

Value of taxable supply and rates notified Pan Masala / tobacco products

CBIC notifies GST rates and value of taxable supply for Biris, Pan Masala / tobacco products  Ministry of Finance(Department of…

20 hours ago
  • Excise/Custom

CBIC issues SOP for wearing Body Cam by Custom officers in Baggage Clearance

CBIC has issued a Standard Operating Procedure (SoP) for wearing Body Cam by Custom officers responsible for Baggage Clearance According…

1 day ago
  • Companies Act

MCA amends rules regarding Directors KYC and updation

MCA amends rules regarding Directors KYC and updation MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 31st December, 2025 G.S.R. 943(E).—In…

1 day ago