Extension of Return Filing Dates
|
Notification No.
56/2017-Central Tax dated 15.11.2017 |
|
|
Notification No.
57/2017-Central Tax dated 15.11.2017 |
|
|
Notification No.
58/2017-Central Tax dated 15.11.2017 |
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|
Notification No.
59/2017-Central Tax dated 15.11.2017 |
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|
Notification No.
60/2017-Central Tax dated 15.11.2017 |
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Notification No.
61/2017-Central Tax dated 15.11.2017 |
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Notification No.
62/2017-Central Tax dated 15.11.2017 |
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Time Limit for Declaration in Form GST ITC-04 for the
Quarter July to Sept Extended till 31 Dec 2017 |
Notification No.
63/2017-Central Tax dated 15.11.2017 |
|
Notification No.
64/2017-Central Tax dated 15.11.2017 |
The return filing process is to
be further simplified in the following manner:
i. All
taxpayers
would file return in FORM GSTR-3B along with
payment
of tax by 20th of
the succeeding month
till
March, 2018.
ii. For filing of details in FORM GSTR-1 till March 2018, taxpayers would be divided
into
two categories. Details of these two categories along with the last date of filing
GSTR 1 are as follows:
(a) Taxpayers with annual aggregate turnover upto Rs. 1.5 crore need to file GSTR-1 on quarterly basis as
per
following frequency:
|
Period |
Dates |
|
Jul- Sep |
31st
Dec 2017 |
|
Oct- Dec |
15th
Feb 2018 |
|
Jan- Mar |
30th
April 2018 |
(b) Taxpayers with annual aggregate turnover more than Rs. 1.5 crore need to file GSTR-1 on monthly basis as
per following frequency:
|
Period |
Dates |
|
Jul- Oct |
31st
Dec 2017 |
|
Nov |
10th
Jan
2018 |
|
Dec |
10th
Feb 2018 |
|
Jan |
10th
Mar 2018 |
|
Feb |
10th Apr 2018 |
|
Mar |
10th
May 2018 |
iii. The time period for filing GSTR-2 and GSTR-3 for the months of July, 2017 to March 2018 would be worked out by a Committee of Officers. However, filing of GSTR-1 will continue for
the entire period without requiring
filing of GSTR-2 & GSTR-3 for
the previous month / period.
A large number of taxpayers were unable to file their return in FORM GSTR-3B within due date for the
months of July, August and September, 2017. Late fee was waived in all such
cases. It has been decided that where such late fee was paid, it will be re-credited to their
Electronic Cash Ledger under “Tax” head instead of “Fee” head so as to enable
them to use that amount for discharge of their future tax liabilities. The software changes for this would
be made and thereafter
this decision will be implemented.
For subsequent months, i.e. October 2017 onwards, the amount of late fee payable by a taxpayer whose tax liability for that month was ‘NIL’ will be Rs. 20/- per day (Rs. 10/- per day
each under CGST & SGST Acts) instead of Rs. 200/- per day (Rs. 100/- per day
each under CGST & SGST Acts).
Extension of dates
Taking cognizance of the late availability or unavailability of some forms on the common
portal, it has been decided that the due dates for furnishing
the following forms shall be extended
as under:
|
S. No. |
FORM
and Details |
Original due
date |
Revised due
date |
|
1 |
GST ITC-04 for the
quarter July-September,
2017 |
25.10.2017 |
31.12.2017 |
|
2 |
GSTR-4 for the quarter
July- September,
2017 |
18.10.2017 |
24.12.2017 |
|
3 |
GSTR-5 for July,
2017 |
20.08.2017 or 7 days from the
last date of registration whichever
is earlier |
11.12.2017 |
|
4 |
GSTR-5A for July,
2017 |
20.08.2017 |
15.12.2017 |
|
5 |
GSTR-6 for July,
2017 |
13.08.2017 |
31.12.2017 |
|
6 |
TRAN-1 |
30.09.2017 |
31.12.2017 (One-
time option of revision
also to be given till this
date) |
Revised due dates for
subsequent tax periods will be announced
in due course.