Tax filing timelines extended: Here are your new dates to file GST returns


To bring simplicity and to reduce the compliance burden for the taxpayers, the GST Council in its 23rd meeting in Guwahati made sweeping changes to the return filing process by continuing GSTR 3B till March 31, 2018 for all taxpayers and postponing of filing GSTR 2 and GSTR 3 indefinitely.
“In case of small tax payer or nil tax payments, 3B will be simplified so that in two or three steps one can easily file their return,” said Finance Secretary, Hasmukh Adhia. Adhia added that experience showed 30-40% of returns filed were under the Nil category.

The Council also decided for this fiscal, only GSTR1 will be filled, “Because we are running a backlog- where we will file return for July only by December 11. This has been a learning cycle,” said Adhia.

All small taxpayers below Rs 1.5 crore will file GSTR1as per this time table:

Pending invoices for GSTR 1 for July to September – December 31, 2017 

Quarter October to December – February 15, 2018

Quarter January to March – April 30, 2018 

“This has become a quarterly filing and we are giving tax payers a long time to file returns. For taxpayers above Rs. 1.5 crore and who have large number of invoices, we do not want to keep their returns pending for a quarter and instead they should file their invoices monthly,” said Adhia.

For them, the dates for filing GSTR 1 are as follows:

Pending invoices for GSTR 1 for July to September – December 31, 2017

After that every return has to be filed within 40 days. This means returns for the month of:

November will be filed by January 10, 2018,

December by February 10, 2018

January by March 10, 2018

February by April 10, 2018

March by May 10, 2018

“We will open GSTR1 filing for the subsequent months even without waiting for GSTR2 and GSTR 3 being filed,” said Adhia.

Adhia added a committee has been setup to look at returns pertaining to purchase detail that fall under GSTR 2 and invoice matching under GSTR 3 and if the process can be made simpler. The council has also decided that penalty for late filing for a Nil tax payer would now be at Rs 20 per day from the earlier Rs 200 and for others to Rs 50 per day.

“Compliances have also been simplified significantly by continuing with summary return in Form 3B till March 18. While for businesses above Rs 1.5 crore of annual turnover, invoice level details would continue on a monthly basis, the decision on other returns like purchase details etc has been deferred to a group of ministers. As tax payment will continue on a monthly basis, businesses need to be careful in taking input credit,” says Pratik Jain, Leader-indirect Tax, PwC.

Those who have to file composition return quarterly under GSTR 4 and which was postponed till October 18 is now being postponed to December 24. TRAN 1, which earlier did not allow revision, will now enable this till December 31, 2017.

Taking cognizance of the late availability or unavailability of some forms on the commonportal, it was decided that the due dates for furnishing the following forms shall be extended as under:


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