Due date for deposit of GST for July, 2017

[Tax DEPTT]

What is the due date for final deposit of GST for July, 2017?

[KASTURI SETHI]

Three days before the last date of filing return. For example : GSTR-3B and GSTR-1 will not be treated as ' "FILED" by the Common Portal until you offset your liability. Challan takes maximum a period of three days for credit into Central Govt. Accounts.

[Ganeshan Kalyani]

Temporary return in Form GSTR 3B for the month of July 2017 was to be filed by 20th August 2017. Subsequently the assessee has to file GSTR 1, 2, 3 . GSTR 3 is nothing but GSTR 3B. Hence final payment date is the date of filing of GSTR 3. Recently, the due date for filing of GSTR 3 for the month of July 2017 is extended to 10th November 2017.

AI Summary

GST payment timing: deposit must precede filing while portal recognises returns only after liability offset on portal. GST liabilities must be paid in time for the Common Portal to recognise returns as filed only after liabilities are offset; challan credits can take up to three days. For July 2017, taxpayers filed temporary returns in Form GSTR-3B by the interim due date and then filed GSTR-1, GSTR-2 and GSTR-3, with GSTR-3 treated as GSTR-3B and its due date extended to 10th November 2017.