GST Council in its 35th meeting recommended following schedule for implementation of new GST returns. The recommendations are given below:

A. For Small tax payers (those having turnover of upto Rs. 5 Crores in previous financial year)

i) Form GST ANX-1: Quartely starting from period October, 2019 to December, 2019 in January, 2020.

ii) Form GST RET-01: Quartely starting from period October, 2019 to December, 2019 in January, 2020.

iii) Form GST PMT-08: To filed from October, 2019

Note: Form GSTR-3B need not be filed from October,2019

B. Large Tax Payer (those having turnover of more than Rs. 5 Crores in previous financial year)

i. Form GST ANX-1: Compulsory filing from October 2019

ii. Form GSTR-3B: To be filed for October 2019 & November 2019

iii. Form GST RET-01: To be filed from December 2019

It is also decided that Form GST ANX-I and Form GST ANX-2 will be available on trial basis to taxpayers between July 2019 to September 2019.

There will be an option to upload Invoices etc. FORM GST ANX-1 on a continuous basis both by large and small taxpayers from October 2019 onwards. During this period, FORM GST ANX-2 may be viewed simultaneously, but no action can be taken.

GSTR-3B will be completely phased out by January, 2020.