In GSTR – 3 if there is a difference between the tax amounts filed in GSTR – 3B and with GSTR – 1 and GSTR – 2, the same can be adjusted in Part – B of GSTR – 3. If the tax liability is more, then the same has to be paid/discharged in case of excess credit, the same will be updated in the electronic credit ledger.
The last date for filing of Returns for the month of July 2017 has been extended wide Notification No. 54 /2017 – Central Tax. In case of GSTR – 2 the last date is 30th Nov 2017 and in case of GSTR – 3 it is 11th Dec 2017.
In GSTR – 3B, the tax implications on the credit notes, debit notes & purchases from unregistered dealers which are falling under RCM have to be reported and paid, in case of f the taxpayer has missed all these documents, they can upload the same in GSTR – 1 and GSTR – 2 and this will automatically get updated in the GSTR – 3 and the tax liability can be settled and be GST compliant.
If a taxpayer has missed any outward supplies or inward supplies invoices amounts while filing GSTR – 3B, those invoices can be included in the GSTR – 1 and GSTR – 2 and the output liability and input tax credit will be considered in the GSTR – 3 and if any amount is payable the same can be paid. As there is no edit option available for GSTR – 3B, this approach can be taken and be tax compliant.
The due dates for the return of GSTR have bee extended and now there are few Do’s and Dont’s issued by the Department. Please follow them.
Notification # 29 of CGST issued for Extension of due dates for furnishing details/Returns for the months of July, 2017 and August, 2017. http://india-gst.in/wp-content/uploads/2017/09/notfctn-29-central-tax-english.pdf
The due dates for the filing of GST Returns for the month of July and August 2017 have been extended.
July 2017 Returns
GSTR – 1 : 10th Sep 2017
GSTR – 2 : 25th of Sep 2017
GSTR – 3 : 30th Sep 2017
August 2017 Returns
GSTR – 1 : 5th Oct 2017
GSTR – 2 : 10th Oct 2017
GSTR – 3 : 15th Oct 2017