The Central Board of Indirect Taxes and Customs (“CBIC”) has issued a Press Release dated September 10, 2018 which states that the number of taxpayers who have filed FORM GSTR-3B is substantially higher than the number of taxpayers who have furnished FORM GSTR-1. Non-furnishing of FORM GSTR-1 is liable to late fee and penalty as per the provisions of the GST law. The taxpayers to furnish FORM GSTR-1, a one-time scheme to waive off late fee payable for delayed furnishing of FORM GSTR-1 for the period from July 2017 to September 2018 till October 31, 2018.
For aggregate turnover more than Rs 1.5 crores:
- For all registered person: The due date for furnishing FORM GSTR-1 for the period from July 2017 to September 2018 has been extended till October 31, 2018.
- For registered person in Kerala, Kodagu (Karnataka) and Mahe (Puducherry): The due date for furnishing FORM GSTR-1 for the period from July 2017 to September 2018 has been extended till October 31, 2018.
For aggregate turnover up to Rs 1.5 crores:
- The due date for furnishing FORM GSTR-1 for the quarters from July 2017 to September 2018 has been extended till October 31, 2018.
- For registered person in Kerala, Kodagu (Karnataka) and Mahe (Puducherry): The due date for furnishing FORM GSTR-1 for the quarter July 2018 to September 2018 would continue to remain as November 15, 2018 as notified vide Notification No. 38/2018-Central Tax dated August 24, 2018.
For those taxpayers who are migrated to GST vide Notification No. 31/2018 – Central Tax dated August 06, 2018: The last date for furnishing the details of outward supplies of goods or services or both in FORM GSTR-1 and for filing the return in FORM GSTR-3B for the months of July 2017 to November 2018 has been extended till December 31, 2018.
The Press Release can be accessed at: http://www.cbic.gov.in/resources//htdocs-cbec/press-release/CBEC%20Press%20Release%20dt%2010.09.2018.pdf