A ancient abandonment of backward fees has additionally been announced.
The government on Monday continued the due date for capacity anatomy GSTR-1 (Goods and Casework Tax Return) for the aeon from July 2017 to September 2018 till October 31, 2018. “It has been empiric that the cardinal of taxpayers who accept filed anatomy GSTR-3B is essentially college than the cardinal of taxpayers who accept furnished anatomy GSTR-1. Non-furnishing of Form GSTR-1 is accountable to backward fee and amends as per the accoutrement of the GST law,” the Ministry of Finance said in a statement.
It additionally appear a ancient abandonment of backward fees.
“In this regard, the due date for capacity anatomy GSTR-1 for the aeon from July, 2017 to September, 2018 has been continued till 31st October, 2018 for all registered bodies accepting accumulated about-face aloft Rs 1.5 crores including the registered bodies in Kerala, or whose arch abode of business is in Kodagu (Karnataka) and Mahe (Puducherry),” according to the release.
However, for registered bodies accepting accumulated about-face up to Rs 1.5 crore in Kerala, or whose arch abode of business is in Kodagu (Karnataka) and Mahe (Puducherry), the due date for capacity Form GSTR-1 for the division July, 2018 to September, 2018 would abide to abide as November 15, 2018.
Further, for those taxpayers who will now be brief to GST, the aftermost date for capacity the capacity of apparent food of appurtenances or casework or both in anatomy GSTR-1 and for filing the acknowledgment in anatomy GSTR-3B for the months of July, 2017 to November, 2018 has additionally been continued till December 31, 2018.
Form GSTR-1 is applicative to all assessees authoritative apparent food of appurtenances and/or casework and contains capacity of apparent supplies. GSTR-1 needs to be filed alike if there is no business action in the tax period.
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