Submission of GSTR-3B

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Submission of GSTR-3B
Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 7-8-2017 Last Reply Date:- 11-8-2017 Goods and Services Tax - GST
Got 2 Replies
GST
Under GST regime we have to submit summarize details in GSTR 3B on or before 20th August 2017 for the month of July-17. As per GST Network they are showing our first return is due on 05/09/17. Whether we have to file GSTR .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 3B or not. If yes Whether there is any format available. Reply By Vamsi Krishna: The Reply: With the objective of ensuring smooth rollout of GST and taking into account the concerns expressed by the trade and industry regarding filing of the returns in GST regime, it has been decided that, for the first two months of GST implementation, the tax would be payable based on a simple return (Form GS .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TR-3B) containing summary of outward and inward supplies which will be submitted before 20th of the succeeding month. However, the invoice-wise details in regular GSTR - 1 would have to be filed for the month of July and August, 2017 as per the timelines given below - Month GSTR - 3B GSTR - 1 GSTR - 2 (auto populated from GSTR-1) July, 2017 20th August 1st - 5thSeptember* 6th - 10thSeptemb .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er August, 2017 20thSeptember 16th - 20thSeptember 21st - 25thSeptember Reply By KIRTIKUMAR PUROHIT: The Reply: GSTR-3B return is due on the 20th of August and 20th of September 2017. From October 2017, the taxpayers would be required to file GSTR-1, GSTR-2 and GSTR-3, as per normal schedule. Hence, GSTR-3B is a temporary return that must be filed monthly until October, 2017. The Government .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... has mentioned that during the GST transition period, leniency would be shown to taxpayers to familiarize themselves with the GST provisions. Hence, no penalty has so far been announced for not filing GSTR-3B return. However, it is expected that taxpayers who fail to file GSTR-3B returns would be ineligible to being filing GSTR-1, GSTR-2 and GSTR-3 returns from the month of October. Failure to fil .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e GSRT-1, GSTR-2 and GSTR-3 returns will attract penalty of ₹ 100 per day.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X