GST 3B….Date Extended
Happy Pongal, Makara Sankranti, Lohri to all…
GST applicable on Hostel mess of Educational Institutions…
CBEC/Ministry of Finance had issued Circular clarifying that the Hostel mess run by educational institutions, by themselves or outsourced to a third person, GST will be applicable on Food and Drinks provided by such mess or canteen and the same is taxable at 5% without input credit.
The same is clarified vide Circular No. 28/02/2018-GST dated 08th January, 2018. To see the circular please click the link below:
GSTR 1 – Due date extension notification – Fake notification as per CBEC
CBEC tweeted that the extension notification, of GSTR – 1 in social media is fake and the they had confirmed by way of tweet that the due date is not extended.
We regret the inconvenience caused to the users of our website,Blog and other Social Media accounts publishing the notification without the knowledge that the same is fake. Henceforth we will check the authenticity of information received before positng. The post is withdrawn from all our website and social media sites. Thank you all for your continuous support.
CBEC released a press release stating that the due dates are not extended. To see the press release, click the link below:
Know your due dates for Statutory Compliance – January 2018
|
January-2018 |
||
| DATE | COMPLIANCE REQUIRED | FORM NO. / CHALLAN NO. |
| 07/01/2018 | INCOME TAX: DEPOSIT OF TDS/TCS COLLECTED DURING QUARTER SEPTEMBER 2017 TO DECEMBER 2017 WHEN ASSESSING OFFICER HAS PERMITTED QUARTERLY DEPOSIT OF TDS | 281 |
| INCOME TAX: DEPOSIT OF TDS/TCS COLLECTED DURING DECEMBER 2017 | 281 | |
| 10/01/2018 | GST: LAST DATE FOR SUBMISSION OF DETAILS OF OUTWARD SUPPLY(SALES) FOR THE QUARTER ENDING 30TH SEPTEMBER 2017 FOR THOSE HAVING TURNOVER LESS THAN RS.1.50 CRORES | GSTR-1 |
| GST: LAST DATE FOR SUBMISSION OF DETAILS OF OUTWARD SUPPLY(SALES) FOR THE MONTHS JULY 2017 TO OCOTBER 2017 FOR THOSE HAVING TURNOVER MORE THAN RS.1.50 CRORES | GSTR-1 | |
| 15/01/2018 | INCOME TAX: FURNISHING OF FORM BY AN OFFICE OF GOVERNMENT WHERE TDS FOR THE MONTH OF DECEMBER 2017, HAS BEEN PAID WITHOUT CHALLAN | 24G |
| INCOME TAX: DUE DATE FOR ISSUE OF TDS CERTIFICATE FOR TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF NOVEMBER 2017 | 26QB | |
| INCOME TAX: QUARTERLY REMITTANCE OF FOREIGN REMITTANCE BY AUTHORISED DEALERS | 15CC | |
| INCOME TAX: QUARTERLY STATEMENT OF TCS DEPOSITED FOR THE QUARTER ENDED 3IST DECEMBER, 2017 | 27Q | |
| RERA: QUARTERLY UPDATE OF PROJECT PROGRESS | ||
| EPF: PAYMENT OF EPF CONTRIBUTION FOR DECEMBER 2017 | ||
| EPF: CONSOLIDATED STATEMENTS OF DUES AND REMITTANCES UNDER EPF AND EDLI FOR DECEMBER 2017 | 12A | |
| EPF: MONTHLY RETURNS OF EMPLOYEES WHO JOINED/LEFT THE ORGANISATION IN DECEMBER 2017 | 5/10 | |
| 18/01/2018 | GST: RETURNS UNDER COMPOSITION SCHEME FOR THE QUARTER ENDED 31ST DECEMBER, 2017 | GSTR-4 |
| 20/01/2018 | GST: DETAILS OF INVOICES & PAYMENT PERTAINING TO DECEMBER 2017 (SUMMARY RETURN) | GSTR-3B |
| 21/01/2018 | ESI: DEPOSIT OF ESI CONTRIBUTIONS AND COLLECTIONS FOR DECEMBER 2017 | |
| 30/01/2018 | INCOME TAX: DUE DATE FOR FURNISHING OF CHALLAN-CUM-STATEMENT IN RESPECT OF TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF DECEMBER 2017 | 26QB |
| 31/01/2018 | INCOME TAX: QUARTERLY TCS CERTIFICATE FOR THE QUARTER ENDING 31ST DECEMBER 2017 | 27D |
| INCOME TAX: QUARTERLY STATEMENT OF TDS DEPOSITEED FOR THE QUARTER ENDED 31ST DECEMBER, 2017 | 24Q/26Q | |
| INCOME TAX: QUARTERLY STATEMENT OF NON DEDUCTION OF TAX AT SOURCE BY A BANKING COMPANY FROM INTEREST ON TERM DEPOSITS FOR THE QUARTER ENDED 31ST DECEMBER, 2017 | ||
| GST: RETURN FOR THE MONTHS OF JULY 2017 TO DECEMBER 2017 BY NON RESIDENT TAXABLE PERSON | GSTR-5 | |
| GST: RETURN BY A PERSON SUPPLYING ONLINE INFORMATION AND DATABASE ACCESS OR RETRIEVAL SERVICES FROM A PLACE OUTSIDE INDIA TO A NON-TAXABLE ONLINE RECEPIENT REFERRED TO IN SECTION 14 OF THE INTEGRATED GOODS AND SERVICE TAX ACT, 2017 AND RULE 64 OF THE CENTRAL GOODS AND SERVICE RULES, 2017 FOR MONTHS JULY 2017 TO NOVEMBER 2017 | GSTR-5A | |
| GST: LAST DATE FOR SUBMISSION OF DETAILS OF OUTWARD SUPPLY(SALES) FOR THE QUARTER ENDING 30TH SEPTEMBER 2017 FOR THOSE HAVING TURNOVER LESS THAN RS.1.50 CRORES | GSTR-1 | |
| GST: LAST DATE FOR SUBMISSION OF DETAILS OF OUTWARD SUPPLY(SALES) FOR THE MONTHS JULY 2017 TO NOVEMBER 2017 FOR THOSE HAVING TURNOVER MORE THAN RS.1.50 CRORES | GSTR-1 | |
| GST: DETAILS OF GOODS/CAPITAL GOODS SENT TO JOB WORKER AND RECEIVED BACK FOR THE PERIOD JULY 2017 TO NOVEMBER 2017 | ITC-04 | |
GSTR 1… Due date extended for all registered persons
CBEC extended due date of filing GSTR 1 for all registered persons to January 10th, 2018.
GST: Date of filing of GSTR 1 for Quarter Jul-Sep extended..
The due date for filing quarterly returns of outward supply in form GSTR , for registered persons having aggregate turnover of upto 1.50 crore rupees in the preceding financial year or the current financial year has been extended to 10th January, 2018 from 31st December, 2017 vide notification no. 71/2017 (Central Tax) issued by Central Board of Excise and Customs dated 29th December, 2017. The due dates for filing quarterly GSTR – 1 for other quarters of the financial year 2017-18 is also notified in the said notification. The due dates are given below:
October to December, 2017 15th February, 2018
January to March, 2017 30th April, 2018
To see the notification, please click the link below:
Know your Due Dates for Statutory Compliance – December 2017
|
December-17 |
||
| DATE | COMPLIANCE REQUIRED | FORM NO. / CHALLAN NO. |
| 07/12/2017 | INCOME TAX: DEPOSIT OF TDS/TCS COLLECTED DURING NOVEMBER 2017 | 281 |
| 11/12/2017 | GST: RETURN FOR THE MONTH OF JULY 2017 BY NON RESIDENT TAXABLE PERSON | GSTR-5 |
| 15/12/2017 | INCOME TAX: FURNISHING OF FORM BY AN OFFICE OF GOVERNMENT WHERE TDS FOR THE MONTH OF NOVEMBER 2017, HAS BEEN PAID WITHOUT CHALLAN | 24G |
| INCOME TAX: DUE DATE FOR ISSUE OF TDS CERTIFICATE FOR TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF OCTOBER 2017 | 26QB | |
| INCOME TAX: THIRD INSTALMENT OF ADVANCE TAX FOR THE ASSESSMENT YEAR 2018-19 | 280 | |
| GST: RETURN BY A PERSON SUPPLYING ONLINE INFORMATION AND DATABASE ACCESS OR RETRIEVAL SERVICES FROM A PLACE OUTSIDE INDIA TO A NON-TAXABLE ONLINE RECEPIENT REFERRED TO IN SECTION 14 OF THE INTEGRATED GOODS AND SERVICE TAX ACT, 2017 AND RULE 64 OF THE CENTRAL GOODS AND SERVICE RULES, 2017 FOR JULY 2017 | GSTR-5A | |
| EPF: PAYMENT OF EPF CONTRIBUTION FOR NOVEMBER 2017 | ||
| EPF: CONSOLIDATED STATEMENTS OF DUES AND REMITTANCES UNDER EPF AND EDLI FOR NOVEMBER 2017 | 12A | |
| EPF: MONTHLY RETURNS OF EMPLOYEES WHO JOINED/LEFT THE ORGANISATION IN NOVEMBER 2017 | 5/10 | |
| 20/12/2017 | GST: DETAILS OF INVOICES & PAYMENT PERTAINING TO NOVEMBER 2017 (SUMMARY RETURN) | GSTR-3B |
| 21/12/2017 | ESI: DEPOSIT OF ESI CONTRIBUTIONS AND COLLECTIONS FOR NOVEMBER 2017 | |
| 24/12/2017 | GST: RETURNS UNDER COMPOSITION SCHEME FOR THE QUARTER ENDED 30TH SEPTEMBER, 2017 | GSTR-4 |
| 30/12/2017 | INCOME TAX: DUE DATE FOR FURNISHING OF CHALLAN-CUM-STATEMENT IN RESPECT OF TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF NOVEMBER 2017 | 26QB |
| 31/12/2017 | GST: LAST DATE FOR SUBMISSION/REVISION (ONE TIME) OF DETAILS RELATING TO UNUTILISED CREDIT OF VAT/CENTRAL EXCISE AND VAT/CENTRAL EXCISE/CUSTOMS DUTY ON STOCK AS ON 30-06-2017. | GSTR-TRAN 1 |
| GST: RETURNS FOR INPUT SERVICE DISTRIBUTOR FOR THE PERIOD JULY TO AUGUST 2017 | GSTR – 6 | |
| GST: LAST DATE FOR SUBMISSION OF DETAILS OF OUTWARD SUPPLY(SALES) FOR THE QUARTER ENDING 30TH SEPTEMBER 2017 FOR THOSE HAVING TURNOVER LESS THAN RS.1.50 CRORES | GSTR-1 | |
| GST: LAST DATE FOR SUBMISSION OF DETAILS OF OUTWARD SUPPLY(SALES) FOR THE MONTHS JULY 2017 TO OCOTBER 2017 FOR THOSE HAVING TURNOVER MORE THAN RS.1.50 CRORES | GSTR-1 | |
| GST: DETAILS OF GOODS/CAPITAL GOODS SENT TO JOB WORKER AND RECEIVED BACK FOR THE PERIOD JULY 2017 TO SEPTEMBER 2017 | ITC-04 | |
GST: RELAXATION ON FILING RETURNS DECIDED BY GST COUNCIL
GST Council in it’s meeting today announced relaxation in filing Get returns, reduction in late fees and extension of due dates for various returns and forms. For details see the press release below:
Know your Due Dates for Statutory Compliance – November, 2017
|
Nov-17 |
||
| DATE | COMPLIANCE REQUIRED | FORM NO. / CHALLAN NO. |
| 07/11/2017 | INCOME TAX: DEPOSIT OF TDS/TCS COLLECTED DURING OCTOBER 2017 | 281 |
| INCOME TAX: ANNUAL RETURN OF INCOME FOR ASSESSMENT YEAR 2017-18 IF THE ASSESSEE IS (i) CORPORATE ASSESSEE (ii) NON-CORPORATE ASSESSEE (WHOSE BOOKS OF ACCOUNT ARE REQUIRED TO BE AUDITED) OR (iii) WORKING PARTNER OF A FIRM (WHOSE ACCOUNTS ARE REQUIRED TO BE AUDITED) | ITR 1,2,3,4,5 | |
| INCOME TAX: AUDIT REPORT UNDER SECTION 44AB FOR THE ASSESSMENT YEAR 2017-18 IN THE CASE OF CORPORATE ASSESSEE OR NON-CORPORATE ASSESSEE | 3CA/3CB | |
| 14/11/2017 | INCOME TAX: DUE DATE FOR ISSUE OF TDS CERTIFICATE FOR TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF SEPTEMBER 2017 | 26QB |
| 15/11/2017 | INCOME TAX: FURNISHING OF FORM BY AN OFFICE OF GOVERNMENT WHERE TDS FOR THE MONTH OF SEPTEMBER 2017, HAS BEEN PAID WITHOUT CHALLAN | 24G |
| INCOME TAX: QUARTERLY TDS CERTIFICATE (OTHER THAN SALARY TDS) FOR THE QUARTER ENDING 30TH SEPTEMBER, 2017 | 16A | |
| GST: RETURNS UNDER COMPOSITION SCHEME FOR THE QUARTER ENDED 30TH SEPTEMBER, 2017 | GSTR-4 | |
| GST: RETURNS FOR INPUT SERVICE DISTRIBUTOR FOR THE PERIOD JULY TO AUGUST 2017 | GSTR – 6 | |
| EPF: PAYMENT OF EPF CONTRIBUTION FOR OCTOBER 2017 | ||
| EPF: CONSOLIDATED STATEMENTS OF DUES AND REMITTANCES UNDER EPF AND EDLI FOR OCTOBER 2017 | 12A | |
| EPF: MONTHLY RETURNS OF EMPLOYEES WHO JOINED/LEFT THE ORGANISATION IN OCTOBER 2017 | 5/10 | |
| 20/11/2017 | GST: DETAILS OF INVOICES & PAYMENT PERTAINING TO OCTOBE 201R7 (SUMMARY RETURN) | GSTR-3B |
| GST: RETURN BY A PERSON SUPPLYING ONLINE INFORMATION AND DATABASE ACCESS OR RETRIEVAL SERVICES FROM A PLACE OUTSIDE INDIA TO A NON-TAXABLE ONLINE RECEPIENT REFERRED TO IN SECTION 14 OF THE INTEGRATED GOODS AND SERVICE TAX ACT, 2017 AND RULE 64 OF THE CENTRAL GOODS AND SERVICE RULES, 2017 | GSTR-5A | |
| 21/11/2017 | ESI: DEPOSIT OF ESI CONTRIBUTIONS AND COLLECTIONS FOR OCTOBER 2017 | |
| 28/11/2017 | COMPANIES ACT: FILING OF ANNUAL ACCOUNTS FOR FY 2016-17 (FOR AGM HELD OF 30TH SEPTEMBER, 2017) | AOC-4 |
| 30/11/2017 | INCOME TAX: DUE DATE FOR FURNISHING OF CHALLAN-CUM-STATEMENT IN RESPECT OF TAX DEDUCTED UNDER SECTION 194-IA IN THE MONTH OF OCTOBER 2017 | 26QB |
| INCOME TAX: ANNUAL RETURN OF INCOME FOR ASSESSMENT YEAR 2017-18 IN THE CASE OF AN ASSESSEE IF HE/IT IS REQUIRED TO SUBMIT A REPORT U/S. 92E PERTAINING TO INTERNATIONAL OR SPECIFIED DOMESTIC TRANSACTION(S) | 11 | |
| INCOME TAX: AUDIT REPORT U/S 44AB FOR THE AY 2017-18 IN THE CASE OF AN ASSESSEE WHO IS ALSO REQUIRED TO SUBMIT A REPORT PERTAINING TO INTERNATIONAL OF SPECIFIED DOMESTIC TRANSACTION U/S. 92E | 3CA/3CB/3CEB | |
| INCOME TAX: STATEMENT OF INCOME DISTRIBUTION BY VENTURE CAPITAL COMPANY OF VENTURE CAPITAL FUND IN RESPECT OF INCOME DISTRIBUTED DURING 2016-17 | ||
| INCOME TAX: STATEMENT BY ALTERNATIVE INVESTMENT FUND TO PRINCIPAL CIT OR CIT IN RESPECT OF INCOME DISTRIBUTED IN PREVIOUS YEAR 2016-17 TO UNIT HOLDERS | 64D | |
| INCOME TAX: DUE DATE TO EXERCISE OPTION OF SAFE HARBOUR RULES FOR INTERNATIONAL TRANSACTION OR SPECIFIED DOMESTIC TRANSACTION | 3CEFA/3CEFB | |
| INCOME TAX: DUE DATE FOR FILING STATEMENT OF INCOME DISTRIBUTED BY BUSINESS TRUST TO UNIT HOLDERS DURING FINANCIAL YEAR 2016-17 | 64A | |
| INCOME TAX: DUE DATE FOR E-FILING OF REPORT BY AN ELIGIBLE INVESTMENT FUND IN RESPECT OF ARM’S LENGTH PRICE OF THE REMUNERATION PAID TO THE FUND MANAGER | 3CEJ | |
| INCOME TAX: APPLICATION FOR EXERCISING THE OPTION AVAILABLE UNDER EXPLANATION TO SECTION 11(1) TO APPLY INCOME OF PREVIOUS YEAR IN THE NEXT YEAR OR IN FUTURE (IF THE ASSESSEE IS REQUIRED TO SUBMIT RETURN OF INCOME ON NOVEMBER 30,2017) | 9A | |
| INCOME TAX: STATEMENT TO BE FURNISHED TO ACCUMULATE INCOME FOR FUTURE APPLICATION U/S. 10(21) OR 11(2) (IF THE ASSESSEE IS REQUIRED TO SUBMIT RETURN OF INCOME OF NOVEMBER 30, 2017) | 10 | |
| INCOME TAX: SUBMIT COPY OF AUDIT OF ACCOUNTS TO THE SECRETARY, DEPARTMENT OF SCIENTIFIC AND INDUSTRIAL RESEARCH IN CASE COMPANY IS ELIGIBLE FOR WEIGHTED DEDUCTION U/S 35(2AB) {IF COMPANY HAS ANY INTERNATIONAL/SPECIFIED DOMESTIC TRANSACTION} | ||
| GST: LAST DATE FOR SUBMISSION OF DETAILS RELATING TO UNUTILISED CREDIT OF VAT/CENTRAL EXCISE AND VAT/CENTRAL EXCISE/CUSTOMS DUTY ON STOCK AS ON 30-06-2017 | GSTR-TRAN 1 | |
| GST: LAST DATE FOR SUBMISSION OF DETAILS OF INWARD SUPPLY, REVERSE CHARGE ETC FOR JULY 2017 | GSTR-2 | |
Karthik & Sunil 