GSTR3B continues till December
In 21st GST council meeting, it was decided that GSTR-3B shall be continued until the month of December. Notification No. 35/2017 – Central Tax released by CBEC confirmed the decision.
The last date for filing the GSTR-3B shall be the 20th day of the consecutive month. so, the calendar for GSTR-3b turns out to be as following:
Sl.No | Month | Last Date for Filing GSTR-3B |
---|---|---|
1 | August 2017 | 20th September 2017 |
2 | September 2017 | 20th October 2017 |
3 | October 2017 | 20th November 2017 |
4 | November 2017 | 20th December 2017 |
5 | December 2017 | 20th January 2018 |
GSTR-3B required that taxpayer discharges his tax liability towards tax, interest, penalty, fees or any other amounts payable under the said Act by debiting the electronic cash ledger or electronic credit ledger till the last date as mentioned above for filing return.
Till now, even GSTR-1 for the month of July has not been filed by many registered persons and the last date for the same has been extended till October. In such scenario, one big question which arises is that when we will able to see the GST return mechanism working efficiently? There are many date extensions which are yet to come and till when the broken cycle of return filing mechanism will continue is the big question.
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