Due dates for monthly returns

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Due dates for monthly returns
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Central Board of Indirect Taxes and Customs has issued Notifications 44–48/2019 Central Tax dated 9 October 2019 relating to filing of returns under Goods and Services Tax (GST).

Accordingly, the registered persons are required to furnish Form GSTR-3B for the months, October 2019 till March 2020 by 20th of the succeeding month.

The persons, whose aggregate turnover is up to INR1.5 crore, shall furnish details of outward supplies in Form GSTR-1 for the quarter October to December 2019 and January to March 2020 by 31 January 2020 and 30 April 2020 respectively.

For persons having an aggregate turnover of more than INR1.5 crore, the time limit to file Form GSTR-1 for the months, October 2019 till March 2020 shall be 11th of the succeeding month
1). GSTR-3B : 20th of the following month.
( for example - For October 2019, due date to file GSTR-3B is 20th October 2019. )

2). GSTR-1 : Government vide Notification has issued two due dates of GSTR-1 on the basis of Turnover of Registered Person :-

(a). TURNOVER upto Rs. 1.5 crore : "QUARTERLY". The taxpayers can also opt to pay Tax Monthly. But option once exercised cannot be withdrawn for the next 1 Year. So you have to select in the beginning of the year that you want to file Monthly or Quarterly GSTR-1.

(b). TURNOVER more than Rs. 1.5 crore : "Monthly". Due date to file is 11th of the following month.


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