Due date for GST Returns announced for FY 19-20
Registered taxpayers under GST shall furnish the details of outward supply of goods or services or both in FORM GSTR-1 within a stipulated time frame depending upon the annual aggregate turnover. Taxpayers whose annual aggregate turnover is upto Rs. 1.5 crores will have to file a quarterly return for outwards supplies and the taxpayers whose annual aggregate turnover is more than Rs. 1.5 crores will have to file monthly returns for outwards supplies.
Every registered person under the GST regime is required to file a monthly return in Form GSTR 3B for payment of taxes, for discharging the tax liability, interest, penalty, fees or any other amount payable within a stipulated time. All the taxes due shall be paid by debiting the electronic cash ledger or electronic credit ledger not later than the due date of filing the return.
|Who has to file?||Period||Due date|
Taxpayers having aggregate turnover <= 1.5 Cr.
31st July ‘19
Taxpayers having aggregate turnover >1.5 Cr.
|11th May’19||CGST Notification no. 12/19 dated 07.03.19|
|20th May’19||CGST Notification no. 13/19 dated 07.03.19|
The due date for furnishing the annual returns in the Form GSTR 9, Form GSTR 9A and a reconciliation statement in Form GSTR 9C for the financial year 2017-18 is 30th June 2019. (Click here to check the official press release for the same).
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