GST

Quarterly filing of Form GSTR-1 option once chosen cannot be changed

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

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

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

2. Return Filing for Quarter July to September 2017 is as below:

(a) If you have filed Form GSTR 1 for July 2017, you have to file GSTR 1 for August and September, by choosing the Return period ‘September 2017 GSTR 1’.

(b) If you have NOT filed Form GSTR 1 for July 2017, you will have to first file Form GSTR 1 for July 2017 and then file Form GSTR 1 for August and September, by choosing the Return period ‘September 2017 GSTR 1’.

(3) Form GSTR 1 for filing next Quarterly Return (October to December 2017), will be made available after December 2017

Share

Recent Posts

  • Income Tax

Assessee developing infrastructure facility of Govt. not contractor for denying 80IA deduction

Whether an assessee developing an infrastructure facility of Government is a contractor and ineligible for claim of deduction under Section…

13 hours ago
  • Income Tax

Jurisdictional PCIT/CIT to condone delay in filing Form No. 10A for Registration u/s 12A

Jurisdictional Principal Commissioner of Income-tax or Commissioner of Income-tax to condone delay in filing Form No. 10A for Registration u/s…

16 hours ago
  • Income Tax

AO not justified in making addition by adopting extrapolation without any material evidence

AO was not justified in making addition by adopting method of extrapolation without bringing any material evidence in support -…

2 days ago
  • bankruptcy

Court can not sit over comparative financial attractiveness of rival offers decided by CoC

Court can not sit over comparative financial attractiveness of rival offers or to substitute its own view for the decision…

3 days ago
  • Income Tax

When quantum appeal restored, penalty can’t be levied for non-payment of demand

When quantum appeal stands restored to the AO, penalty can not be levied u/s 221(1) of the Income Tax Act…

4 days ago
  • Income Tax

Even in case of bogus purchases, entire purchases cannot be disallowed – ITAT

Even if, the assessee is engaged in the bogus purchases, the entire purchases cannot be disallowed - ITAT In a…

5 days ago