• GSTR-1 filing April 2018

Hello- Can you please tell me what needs to be entered in following two fields in GSTR-1.
I am trying to file GSTR-1 for APRIL-2018


Aggregate Turnover in the preceeding financial year* 
---------------------------------------------------------
 Will it also include "April 2017 TO June-2017" revenue part under SERVICE TAX ? 
Or we need to Enter only GST Revenue part for "July 2017 to March 2018" ?


Aggregate Turnover - April to June, 2017* 
-----------------------------------------------
though confusing ..We need to enter April to June, 2017 Service Tax revenue like last Financial year.
Right ?


Thank you
Asked 6 years ago in GST

Only file the turnover for Jul'17-MAr'18

Swapnil Jain
CA, Kolkata
15 Answers

Hi

You need to mention the total turnover from April 17 to March 18 in Aggregate Turnover in the preceding financial year. Turnover from April to June 17 needs to be shown separately as well in the next column, as done previously.

Lakshita Bhandari
CA, Mumbai
5687 Answers
934 Consultations

The aggregate turnover of the proceeding FY will always include the data for the whole FY i.e. April 2017- Mary 2018 . Further for the period of April 2017-June 2017 take the services portion only ( excluding the service tax amount ) .

Prakash Sinha
CA, New Delhi Area, India
120 Answers
20 Consultations

Yes sir

The total Turnover amount amount need to be entered i.e as per P&L Loss account irrespective of the Tax laws.

Thanks

CA Sourabh Pahuja

Sourabh Pahuja
CA, Delhi
78 Answers
1 Consultation

It will be the total turnover from April 17 to March.18.

Vivek Kumar Arora
CA, Delhi
4943 Answers
1101 Consultations

Please file the total turnover for the preceeding FY i.e. Apr 2017 to Mar 2018.

Nikhil Khanna
CA, Mumbai
1429 Answers
19 Consultations

Hi,

You need to enter Apr 2017 to Jun 2017 Revenue (i.e Service Tax regime turnover) and from Jul 2017 to March 2018 (i.e GST Regime Turnover)

Pradeep Bhat
CA, Bengaluru
542 Answers
94 Consultations

Hi,

Hi

You should mention total turnover from April 17 to March 18 (including service tax turnover) in Aggregate Turnover in the preceding financial year.

In aggregate turnover April to June 17 column, you should mention turnover for that quarter.

Abhishek Dugar
CA, Mumbai
3576 Answers
183 Consultations

HI,

Please refer to replies inline below:

Aggregate Turnover in the preceeding financial year*

---------------------------------------------------------

Will it also include "April 2017 TO June-2017" revenue part under SERVICE TAX ?

Or we need to Enter only GST Revenue part for "July 2017 to March 2018" ?

Answer- You need to enter turnover for the whole year i.e. From 1st April 17 to 31st March 2018.

Aggregate Turnover - April to June, 2017*

-----------------------------------------------

though confusing ..We need to enter April to June, 2017 Service Tax revenue like last Financial year.

Right ?

Answer- Right.

Thanks

Damini

Damini Agarwal
CA, Bangalore
444 Answers
31 Consultations

Turnover from April 17 will be considered .

Swati Agrawal
CA, Mumbai
1146 Answers
7 Consultations

1) Yes, include the turnover in Service tax, vat, excise as applicable.

2) Yes.

And please don't forget that aggregate turnover has been defined in the GST law and will include all the supplies whether taxable, exempt or non-GST.

Brijendra Tripathi
CA, Lucknow
143 Answers
3 Consultations

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