Revised Due Dates for GST Returns

Dear Reader,


CBIC has notified the due dates for GSTR 3B and GSTR 1 for the period July 2018 to March 2019.


In the preceding two GST Council Meetings, a comprehensive discussion was made on the new return design system, format of new return, simplification of the existing return designs etc.


However, just two day before, the CBIC has issued notification for the mentioned topic.


Presently, the old return system has been put in place for the period up to March 2019 but we are of the opinion that again the new return system will be postponed up to June 2019 i.e. up to the General Elections.


We have earlier also advised our clients and professionals that do not worry about the new GST Return formats as there is no possibility that the same can be implemented before 1st July 2019.


The reason is simple that with the introduction of new return design system, the traders and professionals need to work again, the software companies need to work again, the load on the website during the last days will increase and thereby the returns will not be filed in time and we will be back again in the situation of July 2017 and which will be very risky for the BJP led NDA to go with it in General Elections.


So, just relax about the new return design system till General Elections.


So, let’s find below the various due dates for filing GSTR 3B and GSTR 1 as below:

  1. GSTR 3B (For All Registered Persons) – July 2018 to March 2019 – On or before 20th of the succeeding month. i.e. No Change in time limit.


2.  GSTR 1 (For All Registered persons having aggregate turnover of more than 1.5 crore rupees in             the preceding financial year or the current financial year) – 11th of the Succeeding Month i.e. One                    day extended. Example: For July 2018 = 11th August, For August 2018 = 11th September and so on.


3. GSTR – 1 (Optional for Registered Persons having aggregate turnover of up to 1.5 crore rupees              in the preceding financial year or the current financial year): Last day of the succeeding Month                       immediately after end of the quarter. Details as below:


For July – Sept 18    = 31st October 2018

For Oct – Dec 18      = 31st January 2018

For Jan – March 19 = 30th April, 2018


Hope the above matter has helped you in understanding the revised due dates.