EXTENSION OF TIME LIMIT FOR FURNISHING THE DETAILS OF OUTWARD SUPPLIES
IN FORM GSTR-1 FOR THE MONTHS OF APRIL TO JUNE 2018 IN INDIA
The Goods and Services
Tax Act, 2017 has came into force in India with effect from 1.7.2017.
The Central Government has extended the time limit for furnishing the
details of outward supplies in FORM GSTR-1 for the months of July 2017 to March
2018 by such class of registered persons having aggregate turnover of less than
1.5 crore rupee in the preceeding financial or the current financial year as
shown below:
Sl No.
|
Months for which the
details
in
FORM GSTR-1 are furnished
|
Time period for furnishing the details
in FORM GSTR-1
|
(1)
|
(2)
|
(3)
|
1
|
April 2018 to June 2018
|
31st July, 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. 17/2018 – Central Tax
New Delhi, the 28th March, 2018
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) (hereafter in this notification referred to as the Act), the Central Government,
on
the
recommendations
of the Council, hereby 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 mentioned 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 April to June, 2018 till the 31st day of July, 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 April to June, 2018 shall be, subsequently, notified in the
Official Gazette.
[F. No. 349/58/2017-GST (Pt.)]
(Ruchi Bisht)
Under Secretary to the Government of India