Dear Professionals,
Please Tell me what is the due date for Filing 3B for the Month of October for those who are having Below 1.5 Cr.
do they have to file 3B Monthly or Quarterly Basis?
or they exempted from Filing 3B ??
Nitish Prasad D V (Accounts Executive) (38 Points)
01 November 2017Dear Professionals,
Please Tell me what is the due date for Filing 3B for the Month of October for those who are having Below 1.5 Cr.
do they have to file 3B Monthly or Quarterly Basis?
or they exempted from Filing 3B ??
RAJA P M
("Do the Right Thing...!!!")
(127400 Points)
Replied 01 November 2017
Nitish Prasad D V
(Accounts Executive)
(38 Points)
Replied 01 November 2017
What about for those who are having Less than 1.5 Cr Turnover.
in recent notification govt said they have to pay taxes quarterly Basis.
am confused.
Please refer attachment.
RAJA P M
("Do the Right Thing...!!!")
(127400 Points)
Replied 01 November 2017
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 01 November 2017
Right now, GSTR-3B is not be allowed to file until and unless you paid GST and notification provides relief to SME's with turnover upto INR 1.5 crores for quartery GST payment as well as quarterly filing of GSTR-1, GSTR-2 and GSTR-3. However, press release by government mentioned that "all taxpayers will be required to file FORM GSTR-3B on a monthly basis till December, 2017". So, just wait for GSTN to update their portal to facilitate filing of GSTR3B without payment of GST from October 2017 onwards due to specific relief in this regard to pay on quarterly basis.
Answer to your questions is :
1) Due date of GSTR3B for October 2017 is 20/11/2017
2) GSTR3B need to file on monthly basis till 31/12/2017. Thereafter, no need to file GSTR3B by any assessee. This is the position as on date
3) No SME's are not exempted from filing GSTR3B.
Thanks and Regards,
Manoj B. Gavali
Nitish Prasad D V
(Accounts Executive)
(38 Points)
Replied 01 November 2017
Thank you so much Sir for providing Useful Information.
CAclubindia
