The
GST Implementation Committee, consisting of State and Central Government
officers, has taken a decision to extend the last date for payment of the GST
for the month of July 2017 to 25th August, 2017.
Earlier
the last date for payment of taxes and filing of GST Return in Form 3B for the month of
July was kept as 20th of August 2017. Since it is the first Return to be filed
under GST, the tax payers and the tax practitioners have requested for few more
days to file their Return. Also there have been requests from States which are
hit with floods to extend the last date for filing of GST Returns. The State of
Jammu & Kashmir has also requested for extension of time because of late
passing of their GST Ordinance. Some technical glitches are also experienced by
last minute return filers.
It
has been specified that for those tax payers, who do not want to avail of
transitional credit in TRANS1 this month, the date for return filing will be
25th August 2017. And for those who want to fill up TRANS1 this month, the last
date for filing of returns will be 28th August 2017, as announced earlier. In
order not to face any last moment technological difficulty in submission of
return, all tax payers are requested to kindly file their return well before
25th / 28th of August 2017 and not wait for the last date. Suitable
notification is being issued shortly.
If
you have tried to login at GST official website then you may have find this
message every time.
Now
department has extended the due date by five days , but the question is here
why they are torturing the assessee and professionals by creating a system
which has failed in his first test itself .
The point to be noted here that GSTR-3B is just of Few columns but
when GSTR-1 will due ,what will happen that time ?
We
can take guarantee that system will be a disaster and crashed once again
as data value in GSTR-1 is 200 times more than GSTR-3B, if no urgent
improvement plans are made till then.
Now
the possible three date and situations for filing of GSTR 3B has been
explained as under.
|
Sl. No.
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Class of registered persons
|
Last date for furnishing of return in Form GSTR-3B
|
Conditions
|
|
A.
|
Registered persons entitled to avail input tax
credit (“ITC”) in terms of section 140 of the CGST Act, 2017 readwith
Rule 117 of the CGST Rules, 2017 but opting not to file Form GST TRAN-1 on or
before the August 28, 2017
|
August 25, 2017
|
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|
|
B.
|
Registered persons entitled to avail ITC in terms of
section 140 of the CGST Act, 2017 readwith Rule 117 of the CGST Rules, 2017
and opting to file Form GST TRAN-1 on or before the August 28,2017
|
August 28, 2017
|
(i) Compute the “tax payable” for the month of July,
2017 and deposit the same in cash onor before the August 20, 2017, which will
get credited to electronic cash ledger;
(ii) File Form GST TRAN-1 (which will be available on the
common portal from August 21, 2017) before the filing of Form
GSTR-3B;
(iii) Where the amount of tax payable for the month of
July, 2017, as detailed in the return furnished in Form GSTR-3B, exceeds the
amount of tax deposited in cash as per item (i), the registered person shall
pay such excess amount in cash on or before August 28, 2017 along with the
applicable interest @18% calculated from the 26th day of
August, 2017 till the date of such deposit. This amount will also get
credited to electronic cash ledger.
(iv) File the return in Form GSTR-3B on or before August
28, 2017 after discharging the tax liability by debiting the electronic
credit or cash ledger.
|
|
C.
|
Any other registered person
|
August 25, 2017
|
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