Weekly GST Updates

*Weekly GST Updates*:
👉GSTR-1 for small taxpayers –
Extension of Time
*July - Sept : 10 Jan, 2018*

👉GSTR-1 for other taxpayers –
Extension of Time
*July - Nov : 10 Jan,2018*

👉 *NO* Extension of Time Limit for filing/
Amendment of TRAN-1

👉Reduction of Late Fees payable for
Composition Dealers
Earlier : 200 per day
Now :
Other than NIL returns : *50 per day*

Nil returns : *20 per day*

👉Date of coming into force the *E-Way
Bill* Rules, notified
*1st of February,2018*

👉CGST Rules, 2017( 14th Amendment)

👉 *Mistakes in GSTR-3B*
Four Stages identified ( Submitted; Cash Ledger updated;
Offset liability and Return filed)
• First two stage, editing possible
• Second two stage, editing not possible

👉 *Track Return Status* is now available
post login to taxpayers on the GST
Portal, to track the status of
submitted/filed return.
( Login—Services—Returns—Track
Return Status)

Regards
*B Vinay Reddy*