LAST DATE FOR FILING OF QUARTERLY RETURNS BY REGULAR TAXPAYERSWHOSE AGGREGATE TURNOVER UPTO 1.5 CRORES
The
Goods and Services Tax Act, 2017 came into force in India with effect from
1.7.2017.
The
return filing periods for regular taxpayers whose aggregate turnover upto 1.5
Crores were modified as quarterly instead of monthly.
The
Central Government has notified that the registered persons having aggregate
turnover upto 1.5 crore rupees in the preceding financial year or the current
financial year, as the class of registered persons who shall follow the special
procedure for furnishing the details of outward
supply of goods or services or both effected during the quarter in FORM
GSTR-1 as shown below:
|
Sl No.
|
Quarter for which the details in
FORM
GSTR-1 are furnished
|
Time period for furnishing
the details in
FORM GSTR-1
|
|
(1)
|
(2)
|
(3)
|
|
1
|
July - September, 2017
|
31st December,
2017
|
|
2
|
October - December, 2017
|
15th February,
2018
|
|
3
|
January - March, 2018
|
30th April, 2018
|
The
relevant Central Government Notification is given below for ready reference:
[To be published
in the Gazette of India, Extraordinary,
Part
II, Section 3, Sub-section
(i)]
Government of India Ministry of Finance
(Department of Revenue)
[Central Board
of
Excise and Customs]
Notification No.
57/2017 – Central Tax
New Delhi, the
15th November, 2017
G.S.R.
(E):—
In exercise of the powers conferred by section
148 of the Central Goods and Services Tax
Act,
2017 (12 of 2017), the Central Government,
on the recommendations
of the
Council, notifies the registered persons having aggregate turnover of up to 1.5
crore rupees in the preceding
financial year or the current financial year, as the class of registered persons who shall follow the special procedure
as detailed below for furnishing the details of outward supply of goods or services
or both.
2. The said persons shall furnish the details of outward supply of goods or services or both in
FORM GSTR-1 effected
during the quarter as
specified
in column
(2)
of the Table
below till the time
period
as specified
in
the corresponding entry in column (3) of the said Table, namely:-
Table
|
Sl No.
|
Quarter for which the details in
FORM
GSTR-1 are furnished
|
Time period for furnishing
the details in
FORM GSTR-1
|
|
(1)
|
(2)
|
(3)
|
|
1
|
July - September, 2017
|
31st December,
2017
|
|
2
|
October - December, 2017
|
15th February,
2018
|
|
3
|
January - March, 2018
|
30th April, 2018
|
3. The special procedure or extension of the time limit for furnishing
the details or return, as the case may be, under sub-section (2) of section 38 and sub-section (1) of section 39 of the Act, for the months of July,
2017 to March, 2018 shall be subsequently notified in the Official Gazette.
[F. No. 349/58/2017-GST(Pt.)]
(Dr.Sreeparvathy S.L.) Under Secretary to the Government of India