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GST Notifications dated 15.11.2017

All Taxpayers are exempted from payment of tax on advance received in case of supply of goods


Taxpayers who are supplying goods are not required to pay tax on advance received for supply of goods rather they are required to pay tax at the time of outward supply of goods.



Suppliers of services through an e-commerce platform are exempted from obtaining compulsory registration


Taxpayers supplying services through an e-commerce platform are exempted from obtaining compulsory registration provided aggregate turnover does not exceed Rs. 20 lakh in financial year & Rs. 10 lakh in case of special category states.



Fee for late filing of Form GSTR-3B reduced


Fee for late filing of return in Form GSTR-3B is limited to Rs. 50 per day (for Central Tax Rs. 25 & for State Tax Rs. 25) for the month of October 2017 onwards. Provided that total amount of tax payable in said return is NIL then fee for late filing is limited to Rs. 20 per day (for Central Tax Rs. 10 & for State Tax Rs. 10) for the month of October 2017 onwards.


Extension given for filing various forms


Sr. No.
Form
Previous Due Date
Extended Due Date
Notification
1
GST ITC-04
30.11.2017
31.12.2017
Notification No. 63/2017 – Central Tax
2
GSTR-6 (July 2017)

31.12.2017
Notification No. 62/2017 – Central Tax
3
GSTR-5A (July to Oct 2017)

15.12.2017
Notification No. 61/2017 – Central Tax
4
GSTR-5 (July to Oct 2017)

11.12.2017
Notification No. 60/2017 – Central Tax
5
GSTR-4 (Sep 2017 quarter)
15.11.2017
24.12.2017
Notification No. 59/2017 – Central Tax
Form
Criteria
Period
Due Date
Notification
GSTR-1
Turnover more than Rs. 1.50 Crore
July to Oct 2017 (Monthly)
31.12.2017
Notification No. 58/2017 – Central Tax
Nov 2017
10.01.2018
Dec 2017
10.02.2018
Jan 2018
10.03.2018
Feb 2018
10.04.2018
March 2018
10.05.2017
Turnover up to Rs. 1.50 Crore
July-Sep 2017 quarter
31.12.2017
Notification No. 57/2017 – Central Tax
Oct-Dec 2017 quarter
15.02.2018
Jan-March 2018 quarter
30.04.2018

Furnishing of Return in form GSTR-3B till March 2018


Monthly return in form GSTR-3B made applicable till March 2018 to be filed within 20 days from the end of month for the discharge of liability toward tax, interest, penalty, or any other amount payable.



Amendment to CGST Rules, 2017


CGST Rules, 2017 amended for the easy compliance, clarifications needed, Appointment of Appellate Authority, notification of Form GST RFD-01 A, GST RFD-01 B.


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