homeeconomy News

Government extends deadline for filing July 2017 to September 2018 GSTR 1 and GSTR 3B

Government extends deadline for filing July 2017 to September 2018 GSTR-1 and GSTR-3B

Government extends deadline for filing July 2017 to September 2018 GSTR-1 and GSTR-3B
Profile image

By Shubham Singh  Sept 10, 2018 8:16:11 PM IST (Updated)

The government has extended the last date for filing of GST summary sales returns for the month of July 2017 to September 2018 till October 31, 2018 for FORM GSTR-1.

The government on Monday extended the last date for filing final sales return GSTR-1 for July 2017 to September 2018 period till October 31 and also waived the late fee for the delayed filing of returns, the finance ministry said in a statement.

Recommended Articles

View All

The date for filing sales returns or GSTR-3B for the period between July 2017 and November 2018 has been extended to December 31, 2018, the statement said.
"In order to encourage taxpayers to furnish Form GSTR-1, a one-time scheme to waive late fee payable for delayed furnishing of GSTR-1 for the period from July 2017 to September 2018 till October 31, 2018, has been launched," the ministry said.
This also applies to all registered persons having an aggregate turnover above Rs 1.5 crores including the registered persons in Kerala, or whose principal place of business is in Kodagu (Karnataka) and Mahe (Puducherry).
"For registered persons having aggregate turnover up to Rs 1.5 crores in Kerala, or whose principal place of business is in Kodagu (Karnataka) and Mahe (Puducherry), the due date for furnishing GSTR-1 for the quarter July 2018 to September 2018 would continue to remain as November 15, 2018," the ministry said.
The number of taxpayers who have filed summary sales return GSTR-3B is substantially higher than the number of taxpayers who furnished GSTR-1, the statement said.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng