Filing of Returns under GST: calendar, quarterly option for small taxpayers, reduced late fees, and edit facility before offsetting. The circular sets a filing calendar for FORM GSTR-1 and FORM GSTR-3B, allowing quarterly GSTR-1 for those with self-assessed turnover up to Rs. 1.5 crore (option to elect monthly for the whole year), mandates monthly GSTR-3B for all, prescribes reduced late fees from October 2017, and authorises use of an edit facility to rectify GSTR-3B errors before offsetting; residual corrections are to be adjusted in subsequent returns, amended in FORM GSTR-1 where applicable, or refunded. System reconciliation with GSTR-1/2/3 is to be implemented once notified.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Filing of Returns under GST: calendar, quarterly option for small taxpayers, reduced late fees, and edit facility before offsetting.
The circular sets a filing calendar for FORM GSTR-1 and FORM GSTR-3B, allowing quarterly GSTR-1 for those with self-assessed turnover up to Rs. 1.5 crore (option to elect monthly for the whole year), mandates monthly GSTR-3B for all, prescribes reduced late fees from October 2017, and authorises use of an edit facility to rectify GSTR-3B errors before offsetting; residual corrections are to be adjusted in subsequent returns, amended in FORM GSTR-1 where applicable, or refunded. System reconciliation with GSTR-1/2/3 is to be implemented once notified.
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