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Dear Members,
As you are aware, GST council in its last meeting had also recommended simplification of return filing process for the tax payers to reduce compliance burden. CHEMXCIL had also sent communication in this regard to its members.
However, as we are already in Mid-December 2017, we would like to remind the members about the revised filing dates as under:
Revised GST Return Filing Dates
All taxpayers would file return in FORM GSTR-3B along with payment of tax by 20th of the succeeding month till March, 2018.
For filing of details in FORM GSTR-1 till March 2018, taxpayers are divided into two categories as follows:
(a) Taxpayers with annual aggregate turnover up-to Rs. 1.5 crore need to file GSTR-1 on quarterly basis as per following frequency:
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Period
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Dates
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Jul- Sep
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31st Dec 2017
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Oct- Dec
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15th Feb 2018
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Jan- Mar
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30th April 2018
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(b) Taxpayers with annual aggregate turnover more than Rs. 1.5 crore need to file GSTR-1 on monthly basis as per following frequency:
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Period
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Dates
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Jul- Oct
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31st Dec 2017
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Nov
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10th Jan 2018
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Dec
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10th Feb 2018
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Jan
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10th Mar 2018
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Feb
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10th Apr 2018
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Mar
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10th May 2018
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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.
From exports/ industry perspective, the GST TRAN-1 is important to avail input tax credit on the basis of closing balance of the input tax credit declared in the last return under the pre GST regime.
As per latest press release by MOF, the last date for filing of Form TRAN-1 is 27th December, 2017. The last date for revision of TRAN-1 is also 27th December, 2017.
Relevant members may also refer to the MOF Press release available on link - http://pib.nic.in/newsite/erelease.aspx for doing the needful.
Regarding several other forms such as GSTR-4, GSTR-5, GSTR-5A, GSTR-6 etc, you can refer to the attached advertisement issued by CBEC in public interest.
Members are requested to take note of the same and do the needful as per revised dead-lines. In case of Technical Issues, please write to helpdesk@gst.gov.in under cc to deepak.gupta@chemexcil.gov.in/ balani.lic@chemexcil.gov.in .
Thanking you,
Yours faithfully,
(S.G BHARADI)
EXECUTIVE DIRECTOR
CHEMEXCIL
http://chemexcil.in/uploads/files/gst-due-dates-2.jpg
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