https://www.taxtmi.com/news?id=18975 Eligibility for quarterly filing under the goods and services tax regime is limited to registered persons below the specified turnover threshold, allowing quarterly GSTR-1, GSTR-2 and GSTR-3 from the October-December quarter of 2017 while requiring monthly returns for July-September. All registered persons must file GSTR-3B for July-December by the twentieth day of the succeeding month. Purchasers filing monthly returns but sourcing from quarterly suppliers may claim input tax credit on a monthly self-declaration basis via GSTR-2 entries, to be reconciled with the supplier's quarterly GSTR-1. en-us Tue, 31 Oct 2017 13:08:40 +0530 Tue, 31 Oct 2017 13:08:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18975 Eligibility for quarterly filing under the goods and services tax regime is limited to registered persons below the specified turnover threshold, allowing quarterly GSTR-1, GSTR-2 and GSTR-3 from the October-December quarter of 2017 while requiring monthly returns for July-September. All registered persons must file GSTR-3B for July-December by the twentieth day of the succeeding month. Purchasers filing monthly returns but sourcing from quarterly suppliers may claim input tax credit on a monthly self-declaration basis via GSTR-2 entries, to be reconciled with the supplier's quarterly GSTR-1. News - Tue, 31 Oct 2017 13:08:40 +0530 https://www.taxtmi.com/news?id=18975