CBEC Notifies GSTR-3B Filing/ Tax Payment Due Dates upto March 2018 (20th of Following Month)

CBEC Notifies Monthly Due Dates for Summary Return GSTR-3B Filing/ Tax Payment upto March 2018 by 20th of the Following Month

The CBEC has notified the Due Dates for Monthly Tax Payment and Filing of Summary Return in Form GSTR-3B for the months Jan. 2018 to March 2018 as the 20th of the following month, in line with recommendations of 23rd Meeting of the GST Council held on 10 Nov. 2017. Similar deadlines have already been notified upto Dec. 2017. For details, please refer the links below:

GSTR-3B Due Dates (Jan-Mar. 2018): CBEC Notification No. 56/2017 Central Tax dt. 15 Nov. 2017

G.S.R……(E):- In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017, the Commissioner, on the recommendations of the Council, hereby specifies that the return in FORM GSTR-3B for the month as specified in column (2) of the Table shall be furnished electronically through the common portal, on or before the last date as specified in the corresponding entry in column (3) of the said Table, namely

Sl. No. Month Last Date for filing of return in
FORM GSTR-3B
1 Jan. 2018 20 Feb 2018
2 Feb. 2018 20 Mar. 2018
3 Mar. 2018 20 Apr. 2018

2. Payment of taxes for discharge of tax liability as per FORM GSTR-3B: Every registered person furnishing the return in FORM GSTR-3B shall, subject to the provisions of section 49 of the said Act, discharge his liability towards tax, interest, penalty, fees or any other amount payable under the said Act by debiting the electronic cash ledger or electronic credit ledger, as the case may be, not later than the last date, as detailed in column (3) of the said Table, on which he is required to furnish the said return.

CBEC Notifies Due Dates for GSTR-3B for August 2017 to Dec. 2017

In line with recommendations of the GST Council, the CBEC has notified the Due Dates for Filing of Summary Return in Form GSTR-3B for the months from August 2017 to December 2017, as under:

GSTR-3B Due Dates (Aug.~Dec. 2017): CBEC Notification No. 35/2017 Central Tax dt. 15 Sept. 2017

G.S.R. …..(E).— In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 and notification No. 21/2017-Central Tax dated the 08th August, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R. number 997 (E), the Commissioner, on the recommendations of the Council, hereby specifies that the return for the month as specified in column (2) of the Table below shall be furnished in FORM GSTR-3B electronically through the common portal on or before the last dates as specified in the corresponding entry in column (3) of the said Table, namely:-

Sl. No. Month Last Date for filing of return in
FORM GSTR-3B
1 August 2017 20 Sept. 2017
2 September 2017 20 Oct. 2017
3 October 2017 20 Nov. 2017
4 November 2017 20 Dec. 2017
5 December 2017 20 Jan. 2018

2. Payment of taxes for discharge of tax liability as per FORM GSTR-3B: Every registered person furnishing the return in FORM GSTR-3B shall, subject to the provisions of section 49 of the said Act, discharge his liability towards tax, interest, penalty, fees or any other amount payable under the said Act by debiting the electronic cash ledger or electronic credit ledger, as the case may be, not later than the last date, as detailed in column (3) of the said Table, on which he is required to furnish the said return.

GSTR-3B Filing/ Tax Payment Due Date for July 2017 Extended upto 25 Aug. 2017 for Taxpayers not claiming Transitional ITC: CBEC

The CBEC has extended the Last Date/ Due Date for Filing of GSTR-3B from 20th Aug. 2017 to 25th Aug. 2017 (for Taxpayers not claiming Transitional ITC) and for Payment of Tax (GST) from 20th Aug. 2017 to 25th Aug. 2017 for all Taxpayers (irrespective of whether Taxpayers is claiming Transitional ITC or not), for the month of July 2017.

GSTR-3B Due Date Extended to 25 Aug. 2017 for July 2017: CBEC Press Release dt. 19 Aug. 2017

The last date for payment of taxes and filing of GST Return in Form 3B for the month of July is 20th of August 2017. Since it is the first Return to be filed under GST, the tax payers and the tax practitioners have requested for few more days to file their Return. Also there have been requests from States which are hit with floods to extend the last date for filing of GST Returns. The State of Jammu & Kashmir has also requested for extension of time because of late passing of their GST Ordinance. Some technical glitches are also experienced by last minute return filers.

In order to take care of these issues, the GST Implementation Committee, consisting of State and Central Government officers, has taken a decision to extend the last date for payment of the GST for the month of July 2017 to 25th August, 2017. For those tax payers, who do not want to avail of transitional credit in TRANS-1 this month, the date for return filing will be 25th August 2017. And for those who want to fill up TRANS-1 this month, the last date for filing of returns will be 28th August 2017, as announced earlier. In order not to face any last moment technological difficulty in submission of return, all tax payers are requested to kindly file their return well before 25th/ 28th of August 2017 and not wait for the last date. Suitable notification is being issued shortly.

GSTR-3B Due Date Extended for July 2017: CBEC Notification 24/2017 Central Tax dt. 21 Aug. 2017

CBEC Extends GSTR-3B Filing Due Date for July 2017 upto 28 Aug. 2017 for Transitional ITC Claim Cases

As per CGST Rules 2017, GST for July 2017 has to be paid by 20 August, 2017, after which the summary GST return GSTR-3B can be filed. However, in view of non-provision of TRANS-I on GST Portal, CBEC has extended due date for filing of GSTR-3B upto 28 Aug. 2017 (along with TRANS-I), in the cases where Transitional ITC claims are applicable, whereas net taxes are to be paid by 20 Aug. 2017 only.

Last Date and Conditions for Filing GSTR-3B: CBEC Notification 23/2017 Central Tax dt. 17 Aug.

Clarification on Transitional ITC and GSTR-3B: CBEC Press Release dt. 17 Aug. 2017

CBEC’s Step by Step Guide on Calculating GST Liability for July 2017

A. Registered persons planning not to avail transitional credit for discharging the tax liability for the month of July, 2017 or new registrants who do not have any transitional credit to avail need to follow the steps as detailed below: 

I. Calculate the tax payable as per the following formula:

Tax payable = (Output tax liability + Tax payable under reverse charge) – input tax credit availed for the month of July, 2017; 

II. Tax payable as per (i) above to be deposited in cash on or before 20.08.2017 which will get credited to electronic cash ledger;

III. File the return in FORM GSTR-3B on or before 20.08.2017 after discharging the tax liability by debiting the electronic credit or cash ledger.

B. Registered persons planning to avail transitional credit for discharging the tax liability for the month of July, 2017 need to follow the steps as detailed below: 

I. Calculate the tax payable as per the following formula:

Tax payable = (Output tax liability + Tax payable under reverse charge) – (transitional credit + input tax credit availed for the month of July, 2017); 

II. Tax payable as per (i) above to be deposited in cash on or before 20.08.2017 which will get credited to electronic cash ledger;

III.File FORM GST TRAN-1 (which will be available on the common portal from 21.08.2017) before filing the return in FORM GSTR-3B;

IV.In case the tax payable as per the return in FORM GSTR-3B is greater than the cash amount deposited as per (ii) above, deposit the balance in cash along with interest @18% calculated from 21.08.2017 till the date of such deposit. This amount will also get credited to electronic cash ledger;

V. File the return in FORM GSTR-3B on or before 28.08.2017 after discharging the tax liability by debiting the electronic credit or cash ledger.

CBEC’s Step by Step Guide to Calculate GST Liability for July 2017 (Transitional ITC Claim cases)

Related Posts:

Reduced/ Nil Late Fee for Delayed Filing of GSTR-3B notified by CBEC

Highlights of Recommendations of 23rd GST Council Meeting dt. 10 Nov. 2017

GST Return Due Dates Further Extended: CBEC Notifications

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