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Due date of GSTR 3B extended or not? Here is the clarification

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New Delhi: 17 Aug, 2017 Updated 19 Aug,2017

Due date of GSTR 3B extended or not ? Is this extended or not. This question come after various rumors flooding on internet regarding extension of the dates.

But later, GST Government of India, CBEC has clarified on filing of GSTR-3B on its Tweeter handler @askGST_GOI.

They said extension is rumour.

Below are the five tweets for saying rumor.

However on 19th  Aug, 2017 they finally extended the date due to technical glitches. Know more

ALSO READ – FAQS ON GSTR 3B

Tweet # 1 of 5: There are rumours floating around that the last date for payment of GST and filling of return in FORM-3B is being extended by a week.

Tweet # 2 of 5: These rumours are unsubstantiated.

Tweet # 3 of 5: There is no change in the last date for payment of GST as per the self-assessed liability.

Tweet # 4 of 5: However for taxpayers who want to claim transitional credit the time period for only filing of return in FORM3B is EXTENDED by one week.

Tweet # 5 of 5: However even those taxpayers will SETTLE self-assessed liability (after adjusting transitional ITC) of GST by 20th August.

 

Here is the clarification:-

 

The impact of rumors was huge that is why finance minister also clarified it by tweets:-

 

Now the question is this – Due date of GSTR 3B extended or not

Here are the dates

Due date of GSTR 3B is 20th August 2017 for those- who dont want to take credit of transitional input

Due date of GSTR 3B is 28th August 2017 for those- who want to take credit of transitional input

These taxpayers also require to file TRANS 1 along with form GSTR 3B.

 

Penalties

Penalty interest in case of delay in payment of liability under GST- GSTR 3B return:

In case of shortfall in amount payable in form GSTR3B, interest will be levied @ 18% PA from the date of filling return to the date of actual payment.

 

Penalty for non filing of GSTR3B is RS 100/Per day and maximum upto Rs. 5000/-

ALSO READ – FAQS ON GSTR 3B