GST Council

For filers who will be quarterly these will be the deadlines for GSTR-1:

Period Deadline
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:

Period Deadline
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:

Return Period Deadline Notification
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.

GST Changes

  • 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.
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