GST Return Filing Due Date Extended for July and August 2017

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GST Return Filing Due Date Extended for July and August 2017. Last date for filing of GST returns for July, August extended. GIC decides to extend Date of GSTR 1, GSTR 2 returns. Government extends deadline for filing of GSTR 1 to October 10.

The government on Saturday extended the deadline for filing of GSTR-1 or sales return for July by a month till October 10, Finance Minister Arun Jaitley said. Earlier, the filing for GSTR-1 was supposed to end on September 10.

Besides this, artisans with a turnover of up to Rs. 20 lakh have also been exempted from registration under GST, said West Bengal Finance Minister Amit Mitra. A three-member committee has been formed to look into the GSTN glitches, he added.

New time table for filing returns as announced by FM Jaitly post 21st GST Council meeting at Hyderabad today:

# GSTRs for JUL 2017:
GSTR-1: 10 OCT 2017
GSTR-1: 03 OCT 2017 (For registered persons with aggregate turnover in a state more than ₹ 100 crores)
GSTR-2: 31 OCT 2017
GSTR-3: 10 NOV 2017
GSTR-4: 18 OCT 2017 (Q/E SEP 2017).
GSTR-6: 13 OCT 2017

  • # GSTRs for AUG 2017: Due dates for filing of GSTRs for subsequent periods shall be notified at a later date.
  • # GSTR-3B will continue to be filed till the month of DEC 2017.
  • # TRAN-1: Due date has been extended by ONE month to 31 OCT 2017.
  • # TRAN-1 can be revised once.

Official News

a)  In view of the difficulties being faced by taxpayers in filing returns, the following revised schedule has been approved:

Details / Return Tax Period Revised due date
GSTR-1 July, 2017 10-Oct-17
For registered persons with aggregate turnover of more than Rs. 100 crores, the due date shall be 3rdOctober 2017
GSTR-2 July, 2017 31-Oct-17
GSTR-3 July, 2017 10-Nov-17
GSTR-4  July-September, 2017 18-Oct-17 (no change)
Table-4 under GSTR-4 not to be filled for the quarter July-September 2017. Requirement of filing GSTR-4A for this quarter is dispensed with.   
GSTR-6  July, 2017 13-Oct-17

Due dates for filing of the above mentioned returns for subsequent periods shall be notified at a later date.

b) GSTR-3B will continue to be filed for the months of August to December, 2017.

c) A registered person (whether migrated or new registrant), who could not opt for composition scheme, shall be given the option to avail composition till 30th September 2017 and such registered person shall be permitted to avail the benefit of composition scheme with effect from 1st October, 2017.

d) Presently, any person making inter-state taxable supplies is not eligible for threshold exemption of Rs. 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 Rs. 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.

e) Presently, a job worker making inter-State taxable supply of job work service is not eligible for threshold exemption of Rs. 20 lacs (Rs. 10 lacs in special category states except J & K) and is liable for registration.  It has been decided to exempt those job workers from obtaining registration who are making inter-State taxable supply of job work service to a registered person as long as the goods move under the cover of an e-way bill, irrespective of the value of the consignment. This exemption will not be available to job work in relation to jewellery, goldsmiths’ and silversmiths’ wares as covered under Chapter 71 which do not require e-way bill.

f) FORM GST TRAN-1 can be revised once.

g) The due date for submission of FORM GST TRAN-1 has been extended by one month i.e. 31st October, 2017.

h) The registration for persons liable to deduct tax at source (TDS) and collect tax at source (TCS) will commence from 18th September 2017. However, the date from which TDS and TCS will be deducted or collected will be notified by the Council later.

2. 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.

3. The GST Council has also decided to constitute a Group of Ministers to monitor and resolve the IT challenges faced during GST implementation.

Click Here for Official notification

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