AI Drafter 
TaxTMI 
TaxTMI 
Filing of Returns under GST
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....ary 2018 10 March 2018 Upto 1.5 GSTR-3B crore 20 Dec 3B 10 15 20 10 20 10 Sapont 2018 20 May 2018 30 10 390 Beb Mar Apr 3B GSTR-I Jul-Sep 2017 2017 Greater thun 1.5 GSTR 38 Dec 3B crore GSTR-1 Jul-Nov 2017 2017 2018 2018 _ _ __Feb Mar 2018 CASSIONER OF COMMERCIAL T OF COA, 1 1.2 1.3 1.4 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. CCT/26- 2/2017-18/12 dated 18th September, 2017 and CCT/26-2/2017-18/21 dated 15th November, 2017. Further, Notification No. 38/1/2017- Fin (R&C) (37) /324 dated 12th January, 2018, published in Extraordinary Official Gazette, Series I No. 41 dated 16th January, 2018 and Notification No. CCT/26-2/2017-18/28 dated 02/01/2018 published in Official Gazette. Series II No. 40 dated 04th January, 2018. (superseding Notification No. 38/1/2017-Fin(R&C) (31) dated 23rd November, 2017, published in Extraordinary Official Gazette, Series 1 No. 34 dated 23rd November, 2017 and CCT/26-2/2017-18/22 dated 15th November, 2017, published in Extraordinary Official Gazette No. 2, Series II No. 32 dated 15th November, 2017) have bee....
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....s aggregate turnover and opts to file FORM GSTR-1 on quarterly basis, he may be liable for punitive action under the Goa GST Act, 2017. 2.Applicability and quantum of late fee: 2.1 The late fee for the months of July, August and September for late filing of FORM GSTR - 3B has already been waived off vide Notification No. 38/1/2017-Fin(R&C)(14)/2406 dated 21st September 2017 and 38/1/2017- Fin(R&C)(27)/3678 dated 08th November, 2017. 2.2 It has been decided that for subsequent months, i.e. October 2017 onwards, the amount of late fee payable, by a taxpayer whose tax liability for that month was "NILâ€, will be Rs. 20/- per day (Rs. 10/- per day each under CGST & Goa GST Acts) instead of Rs. 200/- per day (Rs. 100/- per day each under CGST & Goa GST Acts). For other taxpayers, whose tax liability for that month was not "NILâ€, late fee payable will be Rs. 50/- per day (Rs. 25/- per day each under CGST & Goa GST Acts) instead of Rs. 200/- per day (Rs. 100/- per day each under CGST & Goa GST Acts). Notification No. 38/1/2017-Fin(R&C)(32) dated 23th November 2017 has already been issued in this regard. OF COMMERCIAL 3. Amendment / corrections / rectification....
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....STR-1 should also preferably be made in the corresponding months. TAXES COMMISSIONER OF COMMERCIAL GOVT. OF GOA, PANAJI-GOA 4 5. Where the taxpayer has committed an error in submitting (before offsetting and filing) the information in FORM GSTR-3B, a provision for editing the same has been provided. The facility to edit the information can be used only before offsetting the liability and editing will not be permitted after offsetting the liability. Hence, every care should be taken to ensure the accuracy of the figures before proceeding to offset the liabilities. 6. It is further clarified that the information furnished by the registered person in the return in FORM GSTR-3B would be reconciled by the department's system with the information furnished in FORM GSTR-1 and discrepancies, if any, shall be dealt with in accordance with the relevant provisions of the Goa GST Act and rules made thereunder. Detailed instructions regarding reconciliation of information furnished in FORM GSTR-3B with that contained in FORM GSTR-2 and FORM GSTR-3 will be issued in due course of time. 7. Difficulty, if any, in implementation of the above instructions may please be brought....
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....uent month(s) after payment of interest. Company A has four units in Haryana, while filing their return for the month of July, they inadvertently, missed on details of a last minute order. The Company had filed their returns in order to not pay late fee and other penalties. What can they do? In this case, they may report this additional liability in the return of next month and pay tax with interest. If such liability was not reported in FORM GSTR-1 of the month/quarter, then such liability may be declared in the subsequent month's/quarter's FORM GSTR-1 in which payment was made. COMISSIONER OF COMMERCIAL TAXES GOVT. OF GOA RENENGOA 6 Common Error II - Liability was over reported 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 reduce over reported Use “Edit†facility to reduce over reported liab....
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....put tax credit availed were confirmed and submitted and therefore no change can be done to the liability. No action was taken after this step. Use "Edit" facility to rectify wrongly reported Use "Edit" facility to rectify wrongly liability. reported liability and cash ledger may be debited to offset new liability, where sufficient balances are not available in the credit ledger. Remaining balance, if any may be either claimed as refund or used to offset future liabilities. 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 Company C is registered in the State of Haryana. While entering their outward supplies in FORM GSTR3B, the company realized that they had inadvertently, shown inter-State supply as intra-State supply and submitted the return. What can they do? In this case, the company will have to rectify | ledgers. What can they do? wrongly reported liability using the edit facility. Here, the company will red....
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.... Filed liabilities were Return offset by debiting the filed. cash and credit ledger. No action was taken after this step. was No Action required in cash Input tax credit which was not reported ledger may be availed while filing return for subsequent month(s). Company D, while filing their FORM GSTR - 3B No Action required in cash Company D, while filing their FORM for the month of July, inadvertently, misreported ledger Input tax credit of Rs. 1,00,00,000/- as Rs. 10,00,000/-. They had confirmed and submitted their return. What can they do? The company may use the "edit" facility to add more Input tax credit to their submitted FORM GSTR-3B. Once, this is done, such credit will be reflected in their Electronic Credit ledger and may be utilized to offset liabilities for this month or for subsequent months. No Action 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). FORM GSTR-1 CONERS....
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.... cash) / Reverse such over reported utilized input tax credit with interest. 10 GOUT OF COP Common Error - VI Input Tax Credit of the wrong tax was taken 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) Stage2 Cash 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 New Input tax credit will be challan in FORM GST PMT-06 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 ....