The taxpayers whose aggregate turnover during preceding financial year exceeded Rs. 1.5 crore or the new registrants who estimated their turnover to exceed Rs. 1.5 Crore during the current financial year, have to file the return on monthly basis.

Filing of Goods and Services Tax Returns (GSTR-1) for the tax period of August 2017 and onwards is likely to commence soon. In the meantime, such taxpayers can upload the invoices for August, September, October 2017 to avoid last minute rush.

The taxpayers whose aggregate turnover during the preceding financial year remained up to Rs. 1.5 Crore or the new registrants who estimate their turnover to remain up to Rs. 1.5 Crore during the current financial year, but who intends to file the return on monthly basis, can also upload the invoices for the month of August 2017.

All other taxpayers liable to file GSTR-1 shall upload the invoices and GSTR-1 for the quarter ending September 2017, after the option to file the same as available on the portal. The taxpayers’ eligible return on the quarterly basis but have already filed the return for the month of July 2017 shall have to upload the invoices of August and September jointly and have not to include the invoices of July again.

The taxpayer who has not filed GSTR-1 for the month of July are advised to file the same quickly as they will not be able to file GSTR-1 for remaining quarter (August-September) till they have filed GSTR-1 of July.