• 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 months ago in GST from Kolkata, West Bengal
Only file the turnover for Jul'17-MAr'18
Swapnil Jain
CA, Kolkata
6 Answers

Not rated

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
2177 Answers
71 Consultations

5.0 on 5.0

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
17 Consultations

4.9 on 5.0

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
68 Answers

5.0 on 5.0

It will be the total turnover from April 17 to March.18.
Vivek Kumar Arora
CA, Delhi
1637 Answers
48 Consultations

5.0 on 5.0

Please file the total turnover for the preceeding FY i.e. Apr 2017 to Mar 2018.
Nikhil Khanna
CA, Mumbai
1377 Answers
17 Consultations

5.0 on 5.0

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
477 Answers
30 Consultations

5.0 on 5.0

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
3578 Answers
161 Consultations

5.0 on 5.0

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, Bengaluru
269 Answers
13 Consultations

5.0 on 5.0

Turnover from April 17 will be considered .
Swati Agrawal
CA, Indore
681 Answers
1 Consultation

5.0 on 5.0

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, Gurgaon
89 Answers
1 Consultation

5.0 on 5.0

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