Goods and Services Tax

The Compliance Schedule under GST

Goods and Services Tax – GST – By: – CASanjay Kumawat – Dated:- 9-1-2018 – Types and objectives of the filing: GSTR-3B: With the objective of ensuring smooth roll out of GST and taking into account the concerns expressed by the trade and industry regarding filing of the returns in GST regime, it was decided that, for the initial months of GST regime, the tax would be payable based on a simple return (Form GSTR-3B) containing summary of outward and inward supplies which will be submitted before 20th of the succeeding month. GSTR-1: Every registered dealer is required to file GSTR-1 every month. The return contains details of all outward supplies made during the month. GSTR-5: The GST Return 5 is a document/statement that has to be filed by

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on which his registration is granted for claim under clause (a) or clause (b) of sub-section (1) of section 18, One day immediately preceding the date from which he becomes liable to pay tax under section (9) for claim under clause (c) of sub-section (1) of section 18, and One day immediately preceding the date from which the supplies made by registered taxpayer becomes taxable for claim under clause (c) of sub-section (1) of section 18. GST CMP-03 : After opting into Composition Scheme, a taxpayer has to intimate the government about the stock held by them on the day of opting into the scheme. The stock details have to be provided in Form GST CMP-03. The compliance schedule for the filing of returns under GST is summarized hereunder: S.No.

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turnover more than 1.5 Cr. GSTR-1 July – November, 2017 10th January, 2018 Notification No. 72/2017- CT, dated 29.12.2017 December, 2017 10th February, 2018 Notification No. 58/2017- CT, dated 15.11.2017 January, 2018 10th March, 2018 Notification No. 58/2017- CT, dated 15.11.2017 February, 2018 10th April, 2018 Notification No. 58/2017- CT, dated 15.11.2017 March, 2018 10th May, 2018 Notification No. 58/2017- CT, dated 15.11.2017 4. For Non-resident taxable person GSTR-5 July- December, 2017 31st January, 2018 Notification No. 68/2017- CT, dated 21.12.2017 5. For Supplier of online information and database access or retrieval services GSTR-5A July- December, 2017 31st January, 2018 Notification No. 69/2017- CT, dated 21.12.2017 6. For per

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