Extension of Due Dates for filing of FORM GSTR-1 and FORM GSTR-3B in certain cases

According to the observation made the number of Tax payers those who have filed gstr 3b is natually higher than the tax payers of gstr 1 filling gstr 1 means of Non furnishing is responsible for late fee and Penalty According to the GST Law, To Know What is gsrt 1 , to encourage taxpayers and to Furnish Form gstr 1 .It is one-time Scheme to Waive Offlate fee ,It is Payable for delayed Furnishing of gstr 1 meaning for the Period from July 2017 to September, 2018 till 31 October 2018  has been Launced.

In the regards the gstr 1 due date is from July, 2017 to September 2018 and Now it has been extended till 31st October, 2018, The People Who have registers having aggregate turnover above Rs 1.5 Crores it also Includes the People of Kelera or kadugu (Karnataka) & Mahe(Puducherry) who has a Principal Place of business

By Considering how to fill gstr 1 quarterly for those who have turnover above Rs 1.5 crores, the gstr 1 due date for furnishing FORM GSTR-1 for the Quarter of FORM GSRT-1 the date would be July, 2018 to September 2018 which would Continue till 15th November 2018 as notified vied notification no.38/2018 which is Dated by Central Tax i.e. 24th August 2018

Further, considering the taxpayers who are upto the migrating to GST as per the notification No 31/2018- Central Tax the procedure is Specified in it and is date 06.08.2018

The gstr 3due date and the gstr 1 due date to furnish the details of outward supplies of goods or Services

There is difference between gstr3 and gstr and gstr 3b and the notification Nos. 48,46 and 47/2018 Central Tax is issued for how to file gstr 3b , what is gstr 3b is well Explained it is dated 10th September 2018

As per the provision of Section 16(4) of the Central Goods and Services Tax Act,2017 the People those who have registered should not be entitled to take input tax Credit due of furnishing is in the month of September Considering what is gstr 123 the tax payer here by advised to furnish their returns on that particular time and make sure that input tax credit does not become time barred

 

 

 

 

 

 

 

 

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