Extension of due dates for filing of Forms GSTR-1 GSTR-3B in certain cases

In order to encourage taxpayers to furnish Form GSTR-1, a one-time scheme has been launched to waive off late fee payable for delayed furnishing of Form GSTR-1 for the period from July 2017 to September 2018 till October 31.

In this regard, the due date for furnishing Form GSTR-1 for the period from July 2017 to September, 2018 has been extended till October 31, 2018 for all registered persons having aggregate turnover above Rs 1.5 crore including the registered persons in Kerala, or whose principal place of business is in Kodagu (Karnataka) and Mahe (Puducherry), a statement from Fiance Ministry said on Monday.

It has been observed that the number of taxpayers who have filed Form GSTR-3B is substantially higher than the number of taxpayers who have furnished Form GSTR-1.

Non-furnishing of Form GSTR-1 is liable to late fee and penalty as per the provisions of the GST law, the statement added.  For taxpayers having aggregate turnover up to Rs 1.5 crore, the due date for furnishing Form GSTR-1 for the quarters from July 2017 to September 2018 has been extended till October 31, 2018. Notification have been issued in this regard.

For registered persons having aggregate turnover up to Rs 1.5 crore in Kerala, or whose principal place of business is in Kodagu (Karnataka) and Mahe (Puducherry), the due date for furnishing Form GSTR-1 for the quarter July 2018 to September 2018 would continue to remain as November 15, 2018.

Further, for those taxpayers who will now be migrating to GST, the last date for furnishing the details of outward supplies of goods or services or both in Form GSTR-1 and for filing the return in Form GSTR-3B for the months of July 2017 to November 2018 has been extended till December 31, 2018.

”It is hereby clarified that as per the provisions of section 16 (4) of the Central Goods and Services Tax Act, 2017, the registered person shall not be entitled to take input tax credit in respect of any invoice after the due date of furnishing of the return for the month of September following the end of financial year to which such invoice pertains; or furnishing of the relevant annual return, whichever is earlier,” the ministry said, adding that the taxpayers are advised to furnish their returns on time to ensure that input tax credit does not become time barred.

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