9911796707
TMI BlogSignificant Changes in GST compliance (23rd GST Council Meet)X X X X Extracts X X X X X X X X Extracts X X X X ..... Significant Changes in GST compliance (23rd GST Council Meet) X X X X Extracts X X X X X X X X Extracts X X X X ..... r or the current financial year 1 Monthly July - October, 2017 31st December, 2017 2 Monthly November, 2017 10th January, 2018 3 Monthly December, 2017 10th February, 2018 4 Monthly January, 2018 10th March, 2018 5 Monthly February, 2018 10th April, 2018 6 Monthly March, 2018 10th May, 2018 The registered persons having aggregate turnover of up to 1.5 crore rupees in the p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... receding financial year or the current financial year 1 Quarterly July - September, 2017 31st December, 2017 2 Quarterly October - December, 2017 15th February, 2018 3 Quarterly January - March, 2018 30th April, 2018 b. GSTR 2 and GSTR 3 For the period - July to March 2018 Due dates for filing of GSTR 2 and GSTR 3 dates will be notified late on. c. GSTR 4 (for Composition dealer) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... July to September 2017- 24th day of December, 2017 d. GSTR 6 (for Input Service Distributer) July 2017 - December 31, 2017 August, 2017, September, 2017 and October, 2017 - the extension of the time limit for furnishing the return for these months shall be subsequently notified. e. GSTR 3B All registered person shall file GSTR 3B on or before of 20th of next month - Upto March 31, 2018 Ja ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n - Feb 20, 2018 Feb - March 20, 2018 March - April 20, 2018 f. GST Tran 1 * GST Tran 1 - 27th Dec 2017 * Revised GST Tran 1 - 27th Dec 2017 No GST on advance payment * Seeks to exempt all taxpayers from payment of tax on advances received in case of supply of goods Late filing fees - GSTR-3B * Late Fee credit - Late fees for GSTR-3B of July, Aug and Sept waived. Any late fees paid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for these months will be credited back in Electronic Cash Ledger under 'Tax' and can be utilized to make GST payments. * October onward ₹ 25 per day and where tax amount payable is nil, it is ₹ 10 per day. Reply By Ganeshan Kalyani as = GST on advance received is exempted for registered person other than composition dealer. So if composition dealer receives any advance from his c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ustomer then he need to deposit tax on such advance. Thanks.
Dated: 21-11-2017 X X X X Extracts X X X X X X X X Extracts X X X X
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