Filing of Returns under GST- regarding
07\/2018 Dated:- 17-1-2018 Delhi SGST
GST – States
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
\nDEPARTMENT OF TRADE AND TAXES
\nPOLICY (GST) Branch
\nVYAPAR BHAVAN : I.P. ESTATE : DELHI-02
\nF. No. 3(66)\/Policy-GST\/2017\/1407-13
\nDated: 17\/01\/2018
\nCircular No. 07\/2018-GST
\n(Ref: Central Circular No. 26\/26\/2017-GST)
\nSubject: Filing of Returns under GST- regarding
\nThe GST Council, in its 23rd meeting held at Guwahati on 10th November 2017, has taken certain decisions in regard to filing of returns by taxpayers. Subsequently, various representations have been received seeking clarifications on various aspects of return filing such as return filing dates, applicability and quantum of late fee, amendment of errors in submitting \/ filing of FORM GSTR-3B and other related queries. In order to consolidate the information in various notifications and circulars regarding return filing and to ensure uniformity in implementation across field for<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n bsp; = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n within eighteen days after the end of such quarter. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n y been issued in this regard. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n be. It may be noted that while making adjustment in the output tax liability or input tax credit, there can be no negative entries in the FORM GSTR-3B. The amount remaining for adjustment, if any, may be adjusted in the return(s) in FORM GSTR 3B of subsequent month(s) and, in cases where such adjustment is not feasible, refund may be claimed. Where adjustments have been made in FORM GSTR-3B of multiple months, corresponding adjustments in FORM GSTR-I should also preferably be made in the corresponding months. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \nthis step. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n with interest. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \nthe same sale was = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n of = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n taxpayers will have to file for amendments by filling Table 9 of = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n . = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n PMT-06. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n \nRs. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Filing of Returns under GST- regarding07\/2018 Dated:- 17-1-2018 Delhi SGSTGST – StatesGOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES POLICY (GST) Branch VYAPAR BHAVAN : I.P. ESTATE : DELHI-02 F. No. 3(66)\/Policy-GST\/2017\/1407-13 Dated: 17\/01\/2018 Circular No. 07\/2018-GST (Ref: Central Circular No. 26\/26\/2017-GST) Subject: Filing of Returns under GST- regarding The GST … Continue reading “Filing of Returns under GST- regarding”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10813","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10813"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10813\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n
\nMar 2018
\n
\n1.2 It may be noted that all registered persons are required to file their FORM GSTR-3B on a monthly basis in terms of State Notification 04\/2017 dated 29.09.2017 {issued in reference to GOI Notification No. 35\/2017-Central Tax (referred to as “CT' hereinafter) dated 15th September, 2017 and 56\/2017-CT dated 15th November 2017. Further, GOI Notification No. 71\/2017-CT and Notification No. 72\/2017 – CT both dated 29 d1 December 2017 (superseding Notification No. 57\/2017-CT and 58\/2017-CT both dated 15th November 2017)) have been issued to notify the due dates for filing of outward supply statement in FORM GSTR-I for various months \/ quarters (as depicted in the calendar above) by registered persons having aggregate turnover in the previous financial year or current financial year of upto 1.5 Crores rupees and above 1.5 Crores rupees respectively. Since, the option of quarterly filing was not available earlier, many taxpayers have alr<\/p>\n
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\n1.5 It is also clarified that the registered person will self-assess his aggregate turnover in terms of Section 2(6) of the DGST Act, 2017 for the previous financial year or the current financial year (in case of new registrants). Based on this self-assessed turnover, the registered person with turnover up to Rs. 1.5 Crores will be required to file FORM GSTR-I on quarterly basis instead of on monthly basis. It is also clarified that the registered person may opt to file FORM GSTR-I on monthly basis if he so wishes even though his aggregate turnover is up to Rs. 1.5 Crores. Once he falls in this bracket or if he chooses to file return on monthly basis, the registered person will not have the option to change the return filing periodicity for the entire financial year. In cases, where the registered person wrongly reports his aggregate turnover and opts to file FORM GSTR-I on quarterly basis, he may be liable for punitive <\/p>\n
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\n3. Amendment \/ corrections \/ rectification of errors:
\n 3.1 Various representations have been received wherein registered persons have requested for clarification on the procedure for rectification of errors made while filing their FORM GSTR-3B. In this regard, GOI Circular No. 7\/7\/2017-GST dated 1st September 2017 was issued which clarified that errors committed while filing FORM GSTR – 3B may be rectified while filing FORM GSTR-I and FORM GSTR-2 of the same month. Further, in the said circular, it was clarified that the system will automatically reconcile the data submitted in FORM GSTR-3B with FORM GSTR-I and FORM GSTR-2, and the variations if any will either be offset against output tax liability or added to the output tax liability of the subsequent months of the registered person,
\n3.2 Since, the GST Council has decided that the time period of filing of FORM GSTR-2 and FORM GSTR -3 for the month of July 2017 to Mar<\/p>\n
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\n5. Where the taxpayer has committed an enor in submitting (before offsetting and filing) the information in FORM GSTR-3B, a provision for editing the same has been provided. The facility to edit the information can be used only before offsetting the liability and editing will not be permitted after offsetting the liability. Hence, every care should be taken to ensure the accuracy of the figures before proceeding to offset the liabilities.
\n6. It is further<\/p>\n
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\nthe
\ncash
\ntherefore no change
\ncan be done to the
\nliability. No action was
\ntaken after this step.
\nUse “Edit” facility to
\nadd under reported
\nliability.
\nCompany A has four
\nunits in Haryana, while
\nfiling their return for
\nthe month of July, they
\ninadvertently, missed
\nLiability on details of a last
\nminute order. Since,
\nthey had already
\nwas
\nunder
\nreported submitted
\nand
\nconfirmed their output
\nsupply details, they
\nwere not sure of how
\nto proceed. What can
\nthey do?
\nThe company may use
\nthe 'edit return' facility
\nto add such liability in
\ntheir submitted return
\nand then proceed for
\nfiling of their return.
\nUse “Edit” facility to add
\nsuch liability and
\nand credit
\nledger. No
\naction was
\ntaken after
\nthis step.
\nLiability may be added
\nin the return of
\nafter payment of
\ninterest.
\nadditional cash, if subsequent month(s)
\nrequired (i.e. where
\nsufficient balances are
\nnot available in the credit
\nor cash ledgers) may be
\ndeposited in the cash
\nledger by <\/p>\n
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\nChange
\nfurnish their return.
\nIf such liability was not reported in FORM GSTR-1 of the
\nin FORM month\/quarter, then such liability may be declared in the subsequent
\nGSTR-1 month's\/quarter's FORM GSTR-1 in which payment was made.
\nStage 1
\nConfirmed
\nStage of Return Filing (GSTR-3B)
\nStage 2
\nStage 3
\nStage 4
\nOffset
\nReturn
\nSubmission
\nCash Ledger Updated
\nLiability
\nFiled
\nReturn
\nliabilities\/Cash was added to the
\nAll
\nReturn
\nInput tax credit electronic cash ledger as
\nliabilities was
\navailed
\nconfirmed
\nCommon
\nError II
\nsubmitted
\nwere per the return liability.
\nand No action was taken after
\nthis step.
\nand
\ntherefore no change
\ncan be done to the
\nliability. No action was
\ntaken after this step.
\nUse “Edit” facility to
\nreduce over reported
\nliability.
\nCompany B had
\nreported an inter-State
\nLiability sale but realized that
\nwas over the
\nsame sale was
\nreported counted twice and
\nhence was not to be
\nreported. But the
\nreturn form was
\nalready submitted and<\/p>\n
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\ncounted twice and
\nhence was not to be
\nreported or taxed. But
\nthe return form was
\nalready filed and no
\nchange could be done to
\nreduce the liabilities.
\nWhat can company B
\ndo?
\nIn this case, they may
\nthe “edit” facility to In this case, Company B reduce this liability in
\nChange
\nin FORM
\nGSTR-1
\nreduce such liability
\nand proceed to file
\ntheir return.
\nthe
\nreturn
\nof
\nsubsequent months or
\nclaim refund of the
\nhas the option to use the
\n“edit” facility to reduce
\nsuch liability. Once, this is
\ndone, they can partially same.
\ndebit their cash ledger to
\noffset their tax liability.
\nFurther,
\nremaining
\nbalance can either be
\nclaimed as refund or used
\nto offset future liabilities.
\nWhere the liability was over reported in the month's \/ quarter's FORM
\nGSTR-1 also, then such liability may be amended through amendments
\nunder Table 9 of FORM GSTR-1
\nStage 3
\nStage 4
\nOffset
\nReturn
\nLiability
\nFiled
\nAll
\nliabilities
\nwere offset
\nby debiting
\nReturn
\nwas file<\/p>\n
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\nsubsequent month(s) or
\nrefund may be claimed
\nwhere adjustment is
\nnot feasible.
\nChange in
\nFORM
\nGSTR-1
\nC
\nCompany
\nis
\nregistered in the State
\nof Haryana. While
\nentering their outward
\nsupplies in FORM
\nGSTR-3B, the company
\nrealized that they had
\ninadvertently, shown
\ninter-State supply as
\nintra-State supply and
\nsubmitted the return.
\nWhat can they do?
\nIn this case, the
\ncompany will have to
\nrectify
\nwrongly
\nreported liability using
\nthe edit facility. Here,
\nthe company will
\nreduce their Central
\nTax\/State tax supplies
\nand liability and add
\nintegrated tax liability
\nand proceed to file their
\nreturn.
\nCompany C is registered in the
\nState of Haryana. While
\nentering their outward
\nsupplies in FORM GSTR-3B,
\nthe company realized that
\nthey had inadvertently, shown
\ninter-State supply as intra-
\nState supply and submitted the
\nreturn. Further, they also had
\nupdated their Central Tax and
\nState tax cash ledgers. What
\ncan they do?
\nIn this case, the company will
\nha<\/p>\n
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\nthe subsequent month's \/ quarter's FORM GSTR-1.
\nCommon
\nError – IV
\nStage 1
\nConfirmed
\nSubmission
\nStage of Return Filing (GSTR-3B)
\nStage 2
\nCash Ledger Updated
\nCash was added to the
\nelectronic cash ledger as per
\nwere the return liability. No action
\nand was taken after this step.
\nand
\nReturn liabilities \/
\nInput tax credit
\navailed
\nconfirmed
\nsubmitted
\nStage 3
\nStage 4
\nReturn
\nFiled
\nReturn was
\nfiled.
\nOffset
\nLiability
\nAll liabilities
\nwere offset
\nby debiting
\nthe cash and
\ncredit ledger.
\nInput tax
\ntherefore no change
\ncan be done to the
\nliability. No action
\nwas taken after this
\nstep
\nUse 'Edit” facility to No Action required in cash
\ncredit was
\nadd un-availed input
\ntax credit. Input tax
\nCredit will be added
\nunder
\nreported
\nledger
\nNo
\naction
\nwas
\nafter
\ntaken
\nthis
\nstep.
\nInput tax credit which was
\nnot reported may be
\navailed while filing return
\nfor subsequent month(s).
\nto the credit ledge<\/p>\n
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\nor
\nfor
\nChange in
\nFORM
\nGSTR-1
\nNo Action
\nCommon
\nError – V
\nStage 1
\nConfirmed
\nSubmission
\nStage of Return Filing (GSTR – 3B)
\n\/
\nReturn liabilities
\nInput tax credit availed
\nwere confirmed and
\nsubmitted
\nand
\ntherefore no change can
\nbe done to the liability.
\nNo action was taken
\nafter this step.
\nStage 2
\nCash Ledger Updated
\nCash was added to the
\nelectronic cash ledger
\nas per the return
\nliability. No action was
\ntaken after this step.
\nStage 3
\nStage 4
\nReturn
\nFiled
\nReturn
\nOffset
\nLiability
\nAll
\nliabilities was
\nwere offset filed.
\nby debiting
\nthe cash
\nand credit
\nledger. No
\naction was
\ntaken after
\nthis step.
\nInput tax
\ncredit
\nwas over
\nreported
\nChange
\nin FORM
\nGSTR-1
\nUse “Edit” facility to Additional
\nrectify the
\nreported
\ncredit
\ninput
\ntax
\ncash, if Pay (through cash) \/
\nover required, may be Reverse such over
\nreported input tax
\ncredit with interest in
\nreturn of subsequent
\nmonth (s).
\ndeposited in the cash
\nledger by creating
\nchallan in FORM GST\n<\/p>\n
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\nNo Action
\nE
\nWhile filing their FORM
\nGSTR 3B for the
\nmonths of July, 2017,
\nCompany
\ninadvertently, reported
\ntheir eligible input tax
\ncredit, as
\nRs.
\n20,00,000\/- instead of
\n10,00,000\/-.
\nRs.
\nCompany E also utilized
\ntheir additional input
\ntax credit and filed their
\nreturns. What can they
\ndo?
\nSince, the company had
\nutilized ineligible credit
\nto offset such liabilities,
\nthe company will have
\nto pay (through cash)\/
\nReverse such over
\nreported utilized input
\ntax credit with interest.
\nStage of Return Filing (GSTR-3B)
\nCommon
\nError- VI
\nStage 1
\nConfirmed
\nSubmission
\n\/
\nReturn liabilities
\nInput tax credit availed
\nwere confirmed and
\nsubmitted
\nand
\ntherefore no change can
\nStage 2
\nCash Ledger
\nUpdated
\nCash was added to the
\nelectronic cash ledger
\nas per the return
\nliability. No action was
\ntaken after this step.
\nStage 3
\nStage 4
\nReturn
\nOffset
\nLiability
\nAll liabilities
\nwere offset
\nby debiting
\nthe cash and
\ncredit ledger.
\nFiled
\nReturn
\nwas filed.\n<\/p>\n
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\nas
\nWhat
\nFor under reported
\ninput tax credit, the
\nsame may be availed in
\nreturn of subsequent
\nmonth(s).
\nWhile filing their FORM
\nGSTR 3B for the months
\nof July, 2017, Company E
\ninadvertently, reported
\ntheir Central Tax credit
\nof Rs. 20,00,000\/- as
\nIntegrated tax credit. In
\norder to avoid late fee
\nand penalties, they paid
\nRs. 20,00,000\/- Central
\nTax in cash and did not
\nutilize their Integrated
\ntax credit. What can they
\nUse edit facility to claim
\ncorrect central
\ncredit under the right They can use “edit”
\nhead.
\nfacility to correct
\ncentral tax credit do?
\nunder the right head. Since, the company has
\nFor offsetting any
\nintegrated tax liability,
\nadditional cash may be
\ndeposited in the cash
\nledger by creating
\nchallan in FORM GST
\nPMT-06.
\nNo Action
\nfiled the returns and
\nthere is an unutilized
\nIntegrated tax credit of
\nRs. 20,00,000\/- which
\nwas
\ninadmissible to
\nthem, they will have to
\npay\/reverse such credit
\nin the return of
\nsubsequent month(s).
\nFurt<\/p>\n
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