- What is the due date of excise duty?
- Is it compulsory to file Gstr 1?
- What is difference between Gstr 1 and 3b?
- Is it necessary to file gstr1?
- Can gstr1 be filed after due date?
- Is Gstr 3b date extended?
- What is due date of GST payment?
- Who can file Gstr 1 Quarterly?
- Can we file Gstr 3b without filing Gstr 1?
- What if GST return not filed for 6 months?
- Is GST audit due date extended?
- What is the due date for filing Gstr 1 for March 2020?
- Is Gstr 3b monthly or quarterly?
- Is late fee waived for Gstr 3b?
- What is the due date for Gstr 1?
- Is GST Date Extended?
- Is Gstr 1 monthly or quarterly?
What is the due date of excise duty?
Rule number 8 of the Central Excise (Amendment) Rules, 2002 provides that after the goods are removed from the factory or warehouse for sale, excise duty must be paid on the 5th of the following month.
If the payment is being made through net banking, the date is 6th of the following month..
Is it compulsory to file Gstr 1?
Every registered dealer is required to file GSTR-1 every month. The return contains details of all outward supplies made during the month. However, certain taxpayers having annual turnover upto Rs 1.5 crores can opt to file the GSTR-1 once in every quarter.
What is difference between Gstr 1 and 3b?
GSTR – 3B is a monthly summary return filed by a taxpayer by the 20th of the next month. GSTR – 1 is a monthly or quarterly return filed by taxpayers to disclose details of their outward supplies for the month – along with their tax liability. …
Is it necessary to file gstr1?
Every taxpayer has to file GSTR-1 even if he has no business activity during the period, i.e. no sales in a month/quarter. Therefore, a dealer must file a Nil GSTR-1 in such cases. The outward supplies include all taxable as well as exempt supplies.
Can gstr1 be filed after due date?
The late fee waiver for GSTR-1 for the period July 2017 to November 2019, further extended till 17th January 2020 from 10th January 2020. The late fee waived off for GSTR-1 for the period July 2017 to November 2019, if the taxpayer submits the return before 10th January 2020.
Is Gstr 3b date extended?
Note 3: Taxpayers who are yet to file Form any month(s) from July, 2017 till Jan., 2020, can now file Form GSTR-3B from 1st July, 2020 till 30th Sept., 2020, without any late fee, for those months in which they did not have any tax liability.
What is due date of GST payment?
20thThe government has revealed the due dates for the payment of GST. The GST payment due date for general taxpayers is 20th of next month while the GST payment due date for composition scheme dealers is 18th of next quarter.
Who can file Gstr 1 Quarterly?
The GSTR 1 form is a return form for the regular taxpayers who have to file details of outward supplies on every 11th of next month for those who cross the turnover more than 1.5 crores annually. The taxpayers who are under the threshold limit to 1.5 crores will have to file quarterly return.
Can we file Gstr 3b without filing Gstr 1?
yes you can file GSTR-1 before filing GSTR-3b but both are mandatory.
What if GST return not filed for 6 months?
Late Filing Penalty for Non-Filing of GST Return The penalty for late filing is INR 100 for each day till the details get furnished in case the person fails to provide details related to inward or outward supply, monthly or annual return by the due date.
Is GST audit due date extended?
The Finance Ministry has extended the last date for filing annual GST (Goods & Services Tax) returns for FY20 to March 31, 2021. Earlier, the due date was December 31.
What is the due date for filing Gstr 1 for March 2020?
GSTR 1 Due Dates (T.O. up to INR 1.5 Crore)Period (Quarterly)Last DatesJanuary – March 202017th July 2020October – December 201931st January 2020July – September 201931st October 2019April – June 201931st July 20195 more rows•6 days ago
Is Gstr 3b monthly or quarterly?
The goods and services tax (GST) taxpayers with a turnover of up to Rs 5 crore will have the option to ease their compliance burden from January 1, as the facility to file GSTR-3B only on a quarterly basis kicks in. Currently, GSTR-3B is filed on a monthly basis along with payment of taxes.
Is late fee waived for Gstr 3b?
According to the notification, the waiver is applicable for taxpayers who have an aggregate turnover of more than rs 5 crores in the previous financial year and have filed returns in FORM GSTR-3B Delhi government has taken note of the Form GSTR-3B late fee to the taxpayers who fail to furnish returns by the GST due …
What is the due date for Gstr 1?
b. When is GSTR-1 due?Month/QuarterDue DateJanuary11th February 2020February11th March 2020March11th April 2020Oct-Dec 202013th January 20214 more rows•Nov 25, 2020
Is GST Date Extended?
“In view of the same, on the recommendations of the GST Council, it has been decided to extend the due date for filing Annual Return (Form GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from October 31, 2020 to December 31, 2020,” the CBIC said.
Is Gstr 1 monthly or quarterly?
GSTR-1 is to be filed by all normal taxpayers who are registered under GST. It is to be filed monthly, except in the case of small taxpayers with turnover up to Rs.1.5 crore in the previous financial year, who can file the same on a quarterly basis.