Upgrad LLM

gst monthly return


Greetings to the members

Kindly clarify whether service providers witha turnover of less than 50 L need to make monthly return, inspite of the recent announcement that turnover less than Rs.1.5 crores - monthly return is not mandatory. ( I had to post this as I am told by an audit office assistant who looks after the GST related issues, conveyed that no official circular has been made to that effect ..i.e waiver of monthly return for less than 1.5 Cr). Thanks in anticipation

 
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Advocate

What the Office Assistant told you just amounts to a hearsay or gossip. You have not made any effort to varify same. This forms hardly a subject for discussion.

 
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Taxation Software Development

GST council meeting decides that if a taxpayer turnover reaches up to INR 1.5 crore then he needs to file GSTR 1 quarterly and GSTR 3B form monthly until  31st March 2018. While you can view revised due dates of GST return filing.

 
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Many thanks for the clarification Mr. Amit Gupta

 
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