GST : Due Dates – Important Updates and Notifications

GST:  Latest Updates and Notifications

Govt of India has been made few changes for the GST taxpayers from the month of May 2018
    • GSTR 1 due date for the May 2018 is June 10th 2018

 

    • The dealers who have:
      ***More than 1.5 crores turn over.
      ***Opted for monthly filing  [ Less than 1.5 Crores Turnover].
      Has to file the GSTR -1 return within 10th June 2018.

 

    • Every business has to file the GSTR – 3 returns by the 20th June that is may month return should be the file on or before 20th of the June (remains the same).

 

    • GSTR 2 inward supplies of the business will be auto-populated by the GST system and registered GST dealer has to reconcile the same on or before 15th of the June for the May month’s GST  return.

 

    • Any modification for the above details can be made by the dealer after 16th June and before  17th of the June. The dealer entered details holds good (Both the details entered and auto-populated in the GST site) and the changes have not been made to the above return. The same return shall be filed by the dealer.

 

    • If any modification has been made by the dealer for the mentioned return, the changes to be made be appropriate to amend the return of the dealer, he may add/delete/modify the inward or outward supplies invoices made during the month.

 

    • All the dealers who are registered under the regular scheme should file their return on or before 20th of the succeeding month. there are no changes made by the Govt regarding the monthly filing due dates.

 

    • The above process of filing the GST returns remains same that should be followed by all the Regular / Normal GST taxpayers for the month of June and subsequent months.

 

    • The dealers who opted for quarterly filing has to file the GSTR-1 Return. Due Date for the quarter April to June 2018 is July 31st.

 

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Due dates

Due dates for the month of April 2018

 

Due dates for the month of April 2018.

7 April 2018 – 

The due date for deposit of Tax deducted by an office of the government for the month of March 2018. However, all sum deducted by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan

Due dates for the month of April 2018

14 April 2018 – 

The due date for issue of TDS Certificate for tax deducted underSection 194-IA in the month of February 2018

14 April 2018 – 

The due date for issue of TDS Certificate for tax deducted underSection 194-IB in the month of February, 2018

15 April 2018 – 

The quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for the quarter ending March 2018

30 April 2018 – 

The due date for furnishing of Form 24G by an office of the Government where TDS for the month of March 2018 has been paid without the production of a challan

30 April 2018 – 

The due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of March 2018

30 April 2018 – 

The due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IB in the month of March 2018

30 April 2018 – 

The due date for deposit of Tax deducted by an assessee other than an office of the Government for the month of March 2018.

30 April 2018 – 

The due date for e-filing of a declaration in Form No. 61 containing particulars of Form No. 60 received during the period October 1, 2017, to March 31, 2018.

30 April 2018 –

The due date for uploading declarations received from recipients in Form. 15G/15H during the quarter ending March, 2018.

GSTR-4 (Jan-Mar, 2018)

Apr 18th, 2018

Quarterly return for registered persons with aggregate turnover up to Rs. 1.50 Crores

GSTR-1 (Jan-Mar, 2018)

Apr 30th, 2018

Monthly return for registered persons with an aggregate turnover of more than Rs. 1.50 Crores

GSTR-1 (Feb 2018)

Apr 10th, 2018

 

AOC-4 XBRL for all eligible companies required to prepare or voluntarily prepare their financial statements in accordance with Companies (Indian Accounting Standards) Rules, 2015 for the financial year 2016-17, without additional fee till 30th April 2018.

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How to file Table 6A of GSTR-1

Govt Advises How to file Table 6A of GSTR-1 by Exporters

A notice has been issued by the portal of the goods and services tax (GST) to exporters to present table 6A of GSTR-1.
To ensure that the GST system transmits the data of the export invoice, in case of export of goods with IGST payment, for ICEGAR for the refund, the exporters must provide complete and correct data while presenting the Table 6A of

  • Invoice number and date (fiscal invoice and no commercial invoice).
  • Select from the drop-down list (WPAY- with tax payment) / WOPAY-without tax payment.
  • Shipping invoice number & Date.
  • Note that if you use the offline tool for GSTR 1, the date format is dd-mmm-yyyy, p. On July 15, 2017, it will be
  • written on July 15, 2017, and not as July 15, 2017.
  • The six-digit port code must be mentioned correctly.
  • Value of the invoice: is the total value of the export goods covered by the invoice, including taxes and other charges, if applicable.
  • Taxable value: is the value of the goods, on which the tax is paid. (Net value of taxes).
  • IGST taxes paid, only in the case, where the export is made with IGST payment.

To ensure that the GST system transmits the data of the export invoices, in case of export of goods with payment of IGST, to ICEGATE for the reimbursement, the exporters must maintain the coherence between the data provided in GST Portal and ICEGATE Portal during the presentation of table 6A of GTSR-1.

The details of the invoice specified in Table 6A of GSTR-1 must match what is mentioned in the shipping invoices in ICEGATE. Note that the invoice value data must match the data shown on the shipping invoice.