TaxTMI 
TaxTMI 
Filing of Return under GST.
X X X X Extracts X X X X
X X X X Extracts X X X X
....rred under section 168 (1) of the Tamil Nadu Goods and Services Tax Act, 2017 hereby clarifies the following issues: 1. Return Filing Calendar: 1.1 Dates for filing of FORM GSTR-1 and FORM GSTR-3B have been put in a calendar format for ease of understanding as under: Return Filing Dates GSTR-3B GSTR-1 Jul-Sep 2017 Up to 1.5 Crore January 2018 10 February 2018 20 Dec 3B 10 15 20 Jan 3B March 2018 10 20 10 Feb 3B April 2018 20 Mar 3B 30 May 2018 10 Apr 3B Oct-Dec 2017 Jan-Mar 2017 Greater than GSTR-3B Dec 3B 1.5 Crore GSTR-1 July to Nov 2017 Dec 2017 Jan 3B Feb 38 Mar 3B Apr 3B Jan 2018 Feb 2018 Mar 2018 1.2 It may be noted that all registered persons are required to file their FORM GSTR-3B on a monthly basis in terms of Notification No. 35/2017- Central Tax (referred to as "CT' hereinafter) dated 15th September, 2017 and 56/2017-CT dated 15th November 2017. Further, Notification No. 71/2017-CT and Notification No. 72/2017 - CT both dated 29th December Page 1 of 12 2017 (superseding Notification No. 57/2017-CT and 58/2017-CT both ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....on of errors made while filing their FORM GSTR-3B. In this regard, Circular No. 7/7/2017-GST dated 1st September 2017 was issued which clarified that errors committed while filing FORM GSTR - 3B may be rectified while filing FORM GSTR-1 and FORM GSTR-2 of the same month. Further, in the said circular, it was clarified that the system will automatically reconcile the data submitted in FORM GSTR-3B with FORM GSTR-1 and FORM GSTR-2, and the variations if any will either be offset against output tax liability or added to the output tax liability of the subsequent months of the registered person. 3.2 Since, the GST Council has decided that the time period of filing of FORM GSTR-2 and FORM GSTR -3 for the month of July 2017 to March 2018 would be worked out by a Committee of officers, the system based reconciliation prescribed under Circular No. 7/7/2017-GST dated 1st September 2017 can only be operationalized after the relevant notification is issued. The said circular is therefore kept in abeyance till such time. 3.3 The common errors while submitting FORM GSTR-3B and the steps needed to be taken to rectify the same are provided in ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....orial) Copy submitted to the Additional Chief Secretary to Govt., CT & R Dept., Chennai 9. Copy to the Additional Commissioners (Audit) (SMR) (PR) (RP) in the O/o the ACS/CCT. Copy to the Joint Commissioner (CT) Computer System to host in the dept.website. Copy to the all Joint Commissioners (ST) (Enforcement) Copy to all the Deputy Commissioners(ST) in the State including Enforcement. Copy to all Heads of Assessment Circles. //Forwarded by order // Assistant Commissioner (ST) Taxation Page 5 of 12 Common Error-I Liability was under reported Stage 1 Confirmed Submission Return liabilities / Input tax credit availed confirmed and submitted and therefore no change can be done to the liability. No action was taken after this step. were Stage of Return Filing (GSTR - 3B) Stage 2 Cash Ledger Updated Cash was added to the electronic cash ledger as per the return liability. No action was taken after this step. Use "Edit" facility to add under reported Use "Edit" facility to add such liability and liability. additional cash, if required (i.e. where sufficient balances are not availab....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ility. No action was taken after this step. Use "Edit" facility to reduce over reported liability. Company B had reported an inter-State sale but realized that the same sale was counted twice and hence was not to be reported. But the return form was already submitted and no change could be done to the liabilities. What can company B do? In this case, Company B has the option to use the "edit" facility to reduce such liability and proceed to file their return. Stage of Return Filing (GSTR-3B) Stage 2 Cash Ledger Updated Cash was added to the electronic cash ledger as per the return liability. No action was taken after this step. Use "Edit" facility to reduce over reported liability and cash ledger may be partially debited to offset such liability. Remaining balance may either be claimed as refund or used to offset future liabilities. Company B had reported an inter-State sale but realized that the same sale was counted twice and hence was not to be reported or taxed. But the return form was already submitted and no change could be done to reduce the liabilities. Further, the company had alre....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... do? In this case, the company will have to rectify wrongly reported liability using the edit facility. Here, the company will reduce their Central Tax/State tax supplies and liability and add integrated tax liability and proceed to file their return. Company C is registered in the State of Haryana. While entering their outward supplies in FORM GSTR-3B, the company realized that they had inadvertently, shown inter-State supply as intra-State supply and submitted the return. Further, they also had updated their Central Tax and State tax cash ledgers. What can they do? In this case, the company will have to rectify wrongly reported liability using the edit facility. The company will reduce their Central Tax State tax liability and add integrated tax liability. Further, they will have to pay integrated tax and update their cash ledger. They may seek for Central Tax/State tax cash refund in due course or use the same for offsetting future liabilities. Stage 3 Offset Liability All liabilities were offset by debiting the cash and credit ledger. No action was taken after this step. Stage 4 Return Filed Return....
X X X X Extracts X X X X
X X X X Extracts X X X X
....h or for subsequent months. No Action required in cash ledger No Action required in cash ledger Input tax credit which was not reported may be availed while filing return for subsequent month(s). - Company D, while filing their FORM GSTR 3B for the month of July, inadvertently, misreported Input tax credit of Rs. 1,00,00,000/- as Rs. 10,00,000/-. They had filed their return and paid Rs. 90,00,000/- in cash. What can they do? Since, the return has already been filed, Company D may add such Input tax credit in their return for subsequent month(s). Change in FORM GSTR- 1 No Action Page 9 of 12 Common Error - V Input tax credit was over reported Change in FORM GSTR-1 Stage 1 Confirmed Submission Return liabilities / Input tax credit availed were confirmed and submitted and therefore no change can be done to the liability. No action was taken after this step. Stage of Return Filing (GSTR - 3B) Stage 2 Cash Ledger Updated Cash was added to the electronic cash ledger as per the return liability. No action was taken after this step. Use "Edit" facility to rectify th....
X X X X Extracts X X X X
X X X X Extracts X X X X
....h Ledger Updated Cash was added to the electronic cash ledger as per the return liability. No action was taken after this step. "Edit" facility to be used to Additional cash, if required, may be rectify such liability. deposited in the cash ledger by creating challan in FORM GST PMT-06 New Input tax credit will be added to the credit ledger. Input tax credit reduced will be adjusted in the credit ledger without any additional liability While filing their FORM GSTR 3B for the months of July, 2017, Company E inadvertently, reported their Central Tax credit of Rs. 20,00,000/- as Integrated tax. What can they do? Use edit facility to claim correct central tax credit under the right head. While filing their FORM GSTR 3B for the months of July, 2017, Company E inadvertently, reported their Central Tax credit of Rs. 20,00,000/- as Integrated tax. What can they do? They can use "edit" facility to correct central tax credit under the right head. For offsetting any integrated tax liability, additional cash may be deposited in the cash ledger by creating challan in FORM GST PMT-06. Stage 3 ....