GST REGISTERED PERSONS TO FILE GST RETURN -3B BY AUGUST 20, 2017

The GST registered persons are requested to file GST Return -3B by August 20, 2017, says the Joint Commissioner, Central GST, Imphal, Shri Mukunda Chandra Marndi.

The tax payer has to log in to gst.gov.in and select Return Dashboard. Next he has to select Financial year 2017-18 and month July. Then he has to click Search and select GSTR-3B. If the GST Return -3B is not filed by August 20, 2017; late fee will be imposed.

THE COMPLIANCE UNDER GST FOR FIRST TWO MONTHS: i.e. July 2017 & August, 2017.

Normally, 03 monthly returns are required to be filed by all regular taxable person:

1. GSTR-1:Return of Outward Supplies,
2. GSTR-2: Return of Inward Supplies and
3. GSTR-3:Monthly Return.

GSTR-1 needs to be created by uploading the Outward Supplies Invoices while the other 2 returns i.e. GSTR-2 will be automatically generated for the taxpayer response on purchases,

GSTR-3 needs to be filed as a summary of Tax Liability, Input Tax Credit, Outward and Inward Supplies  etc.

GSTR 3B is a Simplified Return Format in which the taxpayer will report summary details of Outward and Inward Supplies  along with other details/information for the first & second month of GST regime i.e. July and August 2017.

July and August GST Returns deadlines are as follows:

Forms               for July 2017                                   for August 2017

GSTR 3B           20^th August                                      20^th September

GSTR 1             5^th September                                  20^th September

GSTR 2             10^th September                                25^th September

GSTR 3             15^th September                                30^th September