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    <description>Registered persons must file FORM GSTR-3B monthly, with persons whose self-assessed aggregate turnover is up to Rs. 1.5 crore eligible to file FORM GSTR-1 quarterly; this choice is fixed for the financial year. Late fees are reduced for October 2017 onwards (lower rates for NIL and non NIL liabilities). Errors in GSTR-3B may be edited online before offsetting; where editing is not possible, corrections must be made in subsequent GSTR-3B/GSTR-1 or refunds claimed. System reconciliation with GSTR-1/GSTR-2 awaits further notification.</description>
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