For filers who will be quarterly these will be the deadlines for GSTR-1:
|July, August, September 2017||10 January 2018|
|October, November, December 2017||15 February 2018|
|January, February, March 2018||30 April 2018|
For filers who will file monthly these will be the deadlines for GSTR-1:
|July – November 2017||10 January 2018|
|December 2017||10 February 2018|
|January 2018||10 March 2018|
|February 2018||10 April 2018|
|March 2018||10 May 2018|
Per the GST Council the filing deadlines for July 2017 through March 2018 will be fixed by a Committee of Officers for GSTR-2 and GSTR-3.
The following calendar applies for each of the returns:
|GSTR-5||July – December 2017||31 January 2018||Link|
|GSTR-5A||July – December 2017||31 January 2018||Link|
|GST ITC-01||July – November 2017||31 January 2018||Link|
|GST CMP-03||31 January 2018||Link|
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The December GST Council Meeting established the timeline for the implementation of the nationwide e-Waybil. The e-Waybill will be an electronic documentation for transport of goods when the value of the supply exceeds ₹50,000.
- The system will be rolled out on a trial basis on 16 January 2018 along with Notifications.
- Final rules will be notified for compulsory inter-state use by 1 February 2018.
- States can implement the e-Waybill for intra-state movements at any time before 1 June 2018.
- All intra and inter-state movements will have e-Waybills by 1 June 2018.
The November GST Council Meeting brought several changes to the GST returns system.
- Taxpayers with a turnover up to 1.5 Crore will file GSTR1 on a quarterly basis and those above will file on a monthly basis.
- GSTR-3B will continue until March 2018 with a final filing date of 20 April 2018.
- The composition scheme for manufacturing will have a 0.5% rate as of 1 January 2018.
- A clarification has been published regarding accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal services.
- The CBEC has published circulars for manual application for advance rulings and refunds for inverted duty structure; eventually these will be part of the GSTN at a future date.
- The CBEC has consolidated all of the GST Changes through 30 December 2017 into a set of CGST rules which are available here and the IGST rules are available here.
- Notification 41/2017 – Central Tax (Rate) lists the changes to the tax rates for commodities, this modifies Notificaiton 1/2017 – Central Tax (Rate).
- Notification 42/2017 – Central Tax (Rate) list the changes to the exemptions for commodities, this modifies Notification 2/2017 – Central Tax (Rate).
- Along with the numerous changes to the tax rates for items the CBEC has published a list of the changes to the CGST rates starting from 1 July 2017 through 15 November 2017.