Home » GST » Guidelines for filing GSTR-1,GSTR-3B,TRAN-1

TRAN-1

A. GSTR-1 (Quarterly filing option):

Following points to be noted by Taxpayer, who have opted for quarterly filing of Form GSTR-1:

1. Once you have chosen the option ‘Quarterly’, you cannot change this option in the remaining part of the financial year 2017-18. Thus, you will be required to file Quarterly returns and you cannot opt for the Monthly filing of returns.

2.Return filing for Quarter Jul to September 2017 is as below:

* if you have filed Form GSTR-1 for July 2017, you have to file GSTR-1 for August and September, by choosing the return period ‘September 2017 GSTR-1’.

* if you have NOT filed form GSTR-1 for July 2017, you will have to first file Form GSTR-1 for July 2017 and then file Form GSTR-1 for August and September, by choosing the return period ‘September 2017 GSTR-1’.

3.Form GSTR-1 for filing next Quarterly Return (October to December 2017), will be made available after December 2017.

B. GSTR-1 (Monthly filing option):

GST Taxpayers, who have opted for the monthly filing of Form GSTR-1, please note:

  1. Taxpayers, who have opted for the Monthly filing of Form GSTR-1, can do so for the month of July, August, September, October and November 2017, sequentially.
  2. GST return for a particular period can be filed if corresponding returns (GSTR-3B and GSTR-1) for the previous months have been filed.
  3. Once you have chosen the option ‘Monthly’, you cannot change this option in the remaining part of the financial year 2017-18. Thus, you will be required to file monthly returns and you cannot opt for the Quarterly filing of returns.

Taxpayers who have opted for reset of GSTR3B, late fee inadvertently gets visible for months for which it has been waived off. Upon clicking submit, GST System recalculates the late Fee and it will then be reset to 0. Please ignore the late fee being visible before submit.

C. Table 9 of Form GSTR-1:

Facility to edit details of invoices/credit or debit notes etc through Table 9 of Form GSTR-1 is now available on the GST Portal.

D. GST FORM TRAN-1:

Facility to Edit Form GST TRAN 1 has been enabled for those Taxpayers, who have filed it after 08-Nov-2017. Taxpayers can now file revised Form GST TRAN-1, even if it results in downward credit. In such cases, the difference will be added to their liability.

Attention Taxpayers

Last date of filing of Form TRAN-1 TO avail Input Tax Credit is 27 December 2017.

GST taxpayers, who have claimed transitional credit erroneously, are advised to avail of the opportunity to revise Form TRAN-1 by 24th December 2017. Please ensure that only correct and bona fide input tax credit is availed in transition. In case of any default, taxman would be compelled to initiate audit and enforcement action against the identified taxpayers.

E. Simplification of GSTR-3B filing process:

At the time of filing GSTR 3B Return, after login, the taxpayer has to select Yes/No in the questionnaire provided. Based upon selection, relevant tiles open for entering data in Form GSTR 3B.

F. E-way Bill:

The 24th GST Council Meeting held on 16th December 2017 through video conferencing decides that Inter-State e-way Bill be made compulsory from 1st of February, 2018;

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One thought on “Guidelines for filing GSTR-1,GSTR-3B,TRAN-1

  1. Rajesh says:

    I got GST no dated 30-11-2017. Should i have to file GSTR-3B or Dec’2017 is applicable ?

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