GST

GST-FAQ GSTR-3B Return Revision and Late filing with payment of applicable interest and late fee

GST-FAQ GSTR-3B Return Revision and Late filing. Traders are required to file other returns also if filed GSTR-3B.No waiver of late fee for August 2017 

GST-FAQ GSTR-3B

Question 1: Do I need to file other returns if I have filed GSTR-3B?

Answer: Yes

Question 2: I was not able to file GSTR-3B within the prescribed date. Can I do it now?

Yes, but with payment of applicable interest and late fee. Late fee has been waived for the month of July, 2017 only.

Question 3: I have made errors in filing my GSTR-3B. Can I revise my GSTR-3B?

Answer: yes, a utility to revise GSTR-3B for the month of July, 2017 is avialable.

Question 4: Is there no late fee for the month of August 2017?

Answer: No, there is no waiver of late fee for the month of August, 2017.

Question 5: has E-way bill started from the 1st October, 2017?

Answer: No, E-way bill will commence in a staggered manner from the 1st of January, 2018 and at national level from 1st of April, 2018. Till then the concerned State’s E-way bill rules will apply. 

Source: Official twitter handle of the GoI for queries on GST

Share

Recent Posts

  • Income Tax

Notice u/s 148 set-aside as assessee’s e-mail was inactive and notices went un-noticed

Notice u/s 148 set-aside and remitted back since the assessee’s e-mail was inactive leading to all notices go un-noticed In…

6 hours ago
  • Income Tax

AO after dropping an issue for lack of evidence may re-open it on gathering information

AO after dropping an issue in assessment u/s 143(3) for lack of evidence is competent to re-open such issue upon…

8 hours ago
  • Income Tax

Jewellery converted into solid gold not unexplained or in excess of permissible limit

Merely because jewellery is converted into solid gold / gold biscuits, it cannot be presumed to be unexplained or in…

1 day ago
  • Income Tax

A luxury litigant assessee cannot be given a second innings to make good its case – ITAT

Assessee cannot be given a second innings to make good its case - ITAT declines to remand the case second…

1 day ago
  • Income Tax

20% profit rate appropriate on cash deposit in bank representing business receipts – ITAT

When cash deposits represent business receipts, income to be estimated by applying a reasonable profit rate. In a recent judgment,…

1 day ago
  • bankruptcy

Resolution plan to include a statement of beneficial-ownership of all natural persons

Every resolution plan to include a statement of beneficial-ownership of all natural persons who ultimately owns or controls the resolution…

2 days ago