Goods and Services Tax – GST – By: – Bimal jain – Dated:- 12-9-2017 Last Replied Date:- 13-9-2017 – Dear Professional Colleague, Due dates for filing GSTR-1, 2 & 3 extended till October; GSTR-3B to be filed for August-December months The GST Council, in its 21st meeting held at Hyderabad today, has recommended the following measures to facilitate taxpayers: Due dates for filing GSTR-1, GSTR-2 and GSTR-3 for July month extended by a month In view of the difficulties being faced by taxpayers in filing returns, the following revised schedule for filing GST Returns has been approved: Sl. No. Details / Return Tax Period Revised due date 1 GSTR-1 July, 2017 10-Oct-17 For registered persons with aggregate turnover of more than ₹ 100 crores, the due date shall be 3rdOctober 2017 2 GSTR-2 July, 2017 31-Oct-17 3 GSTR-3 July, 2017 10-Nov-17 Note: Due dates for filing of the above mentioned returns for subsequent periods shall be notified at a later date. GSTR-4 (Return by Composition S
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of inter-state supply of handicraft goods made under the cover of e-way bill Presently, any person making inter-state taxable supplies is not eligible for threshold exemption of ₹ 20 lacs (Rs. 10 lacs in special category states except J & K) and is liable for registration. It has been decided to allow an exemption from registration to persons making inter-State taxable supplies of handicraft goods upto aggregate turnover of ₹ 20 lacs as long as the person has a Permanent Account Number (PAN) and the goods move under the cover of an e-way bill, irrespective of the value of the consignment. Exemption from mandatory registration in case of inter-state supply of job work services (except jewellery, goldsmiths and silversmiths wares) made to registered persons and goods moves under the cover of e-way bill: Presently, a job worker making inter-State taxable supply of job work service is not eligible for threshold exemption of ₹ 20 lacs (Rs. 10 lacs in special category
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from 18th September 2017. However, the date from which TDS and TCS will be deducted or collected will be notified by the Council later. Committee to be set up for examining export related issues The GST Council has decided to set up a committee consisting of officers from both the Centre and the States under the chairmanship of the Revenue Secretary to examine the issues related to exports. Group of Ministers to be constituted to monitor and resolve the IT challenges The GST Council has also decided to constitute a Group of Ministers to monitor and resolve the IT challenges faced during GST implementation. – Reply By samiuddin ansari – The Reply = Please elaborate whether the Committee of officers of Centre and State under the Chairmanship of Revenue Secretary would also decide the matter relates to export goods stuffing of containers at the premises of registered or non registered exporters under the supervision of Centre or State Govt. GST officers, if exporters requested for physic
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