Save the Dates – GST Return Filing: GSTR-3B and GSTR-1

The return filing process is to be further simplified. All taxpayers would file monthly return in Form GSTR-3B along with payment of taxes by 20th of the succeeding month till March, 2018.

For filing of details in Form GSTR-1 till March 2018, taxpayers would be divided into two categories. Details of these two categories along with the last date of filing GSTR 1 are as follows:

Taxpayers with annual aggregate turnover up to Rs. 1.5 Crore need to file GSTR-1 on quarterly basis as per following frequency:

Period Dates
Jul – Sep 31st Dec, 2017
Oct – Dec 15th Feb, 2018
Jan – Mar 30th April, 2018

Taxpayers with annual aggregate turnover more than Rs. 1.5 Crore need to file GSTR-1 on monthly basis as per following frequency:

Period Dates
Jul – Oct 31st Dec, 2017
Nov 10th Jan, 2018
Dec 10th Feb, 2018
Jan 10th Mar, 2018
Feb 10th Apr, 2018
Mar 10th May, 2018

Published by

MindWorks Data Services

Bangalore, Karnataka, India based GST, Financial Accounting, BookKeeping experts