Goods and Services Tax – GST – By: – Dr. Sanjiv Agarwal – Dated:- 26-8-2017 – GST Return to be filed Central Board of Excise and Customs (CBEC) vide Notification No. 18/2017, 19/2017, 20/2017 & 21/2017- Central Tax dated 08.08.2017 has relaxed / extended the due dates and time frame for filing GST returns for the initial two months of GST regime i.e., July, 2017 & August 2017. As a result, the GST payable will be required to be paid on the basis of Form GSTR-3B to be filed by the 20th of the succeeding month. Form GSTR-3B for July, 2017 will be filed by 20.08.2017 and for August, 2017 by 20.09.2017. However, the invoice wise details to be furnished as per GST rules in GSTR-1, GSTR-2 and GSTR-3 shall be filed later as per following schedule: Return Form Period /Due Date for July 2017 return Period / Due Date for August 2017 return GSTR-3B 20.08.2017 (extended to 25/28 August, 2017) 20.09.2017 GSTR-1 01.09.2017 to 05.09.2017 16.09.2017 to 20.09.2017 GSTR-2 06.09.2017 to 10.09.20
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ils of outward supplies in FORM GSTR-1 (1) (2) (3) 1 July, 2017 1st to 5th September, 2017 2 August, 2017 16th to 20th September, 2017. Time limit for filing GSTR-2 [Notification No. 19/2017-CT dated 08.08.2017] Sl. No. Month Time period for filing of details of inward supplies in FORM GSTR-2 (1) (2) (3) 1. July, 2017 6thto 10th September, 2017 2. August, 2017 21stto 25thSeptember, 2017. Time limit for filing GSTR-3 [Notification No. 20/2017-CT dated 08.08.2017] Serial Number Month Time period for filing of details in FORM GSTR-3 (1) (2) (3) 1. July, 2017 11th to 15th September, 2017 2. August, 2017 26th to 30th September, 2017. GSTR-3B Return What is GSTR-3B ? GSTR-3B is a simple return form introduced by the CBEC for the month of July and August. One must file a separate GSTR-3B for each GSTIN number. No need to provide invoice level information in this form. Only total values for each field have to be provided, this value must be for the month for which you are filing. The last date
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h July. Click search and select GSTR-3B Declare your liabilities and ITC claims in Section 3.1 and 4 respectively by clicking on the tiles and furnishing the required information. Transitional ITC cannot be claimed in GSTR 3B. It can be claimed only through Form TRANS-1 and Form TRANS-2. Enter details of interest, if payable, in section 5.1. Late fee will be computed by the system Click on Save GSTR-3B After you save the data, Submit button will get enabled. Please note that after submit, no modification is possible. Hence ensure that details are filled correctly before clicking on Submit button. On clicking Submit GSTR-3B button, System will post (debit) the self-assessed liabilities including system generated late fee in Liability Register and credit the claimed ITC into ITC ledger. After this the Payment of Tax tile will be enabled, please click it and declare your payment details to pay the taxes and offset the liability. Click CHECK BALANCE button to view the balance available for
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