The Compliances have undergone a significant change in the last 2 months with the government’s drive towards making several disclosures mandatory in the GSTR-1 and GSTR-3B. At the same time, the government has also enabled the GSTN portal for filing of transitional returns to allow the taxpayers to file for transition of credit, missed 5 years ago due to technical issues.
The article enlists the important compliances due dates and various updates under the GST that have taken place during the past month, impacting the taxpayers at large.
1. GST Compliance Calendar:
The below tables capture these compliances in detail to ensure that the taxpayer files the returns and pay taxes under GST within the timeline to avoid late fee and interest liabilities.
GSTR-1 –
| Taxpayer type | Form type | Return filing frequency | Tax Period | Due date |
| Taxpayers having an aggregate turnover of MORE than Rs. 1.50 Crores | GSTR-1 | Monthly | September 2022 | 11 Oct 2022 |
| Taxpayers having an aggregate turnover of LESS than Rs. 1.50 Crores | GSTR-1 | Monthly | September 2022 | 11 Oct 2022 |
| Taxpayers having an aggregate turnover of LESS than Rs. 1.50 Crores | GSTR-1 IFF (QRMP scheme taxpayers) | Quarterly | September 2022 out of July – Sep 2022 quarter | 13 Oct 2022 |
GSTR-3B –
This return contains the details of outward supplies (consolidated data of GSTR-1), inward supplies subject to RCM payment, ITC details, exempt, nil-rated, and non-GST inward supplies, payment of tax details, etc.
| Aggregate turnover | Return filing frequency | State | Tax Period | Due date |
| Greater than 5 crores | Monthly | All states | September 2022 | 20 Oct 2022 |
| Up to 5 crores | Monthly | All states | September 2022 | 20 Oct 2022 |
| Up to 5 crores | Quarterly | Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep | July – Sep 2022 | 22 October 2022 |
| Up to 5 crores | Quarterly | Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi | July – Sep 2022 | 24 October 2022 |
Note:
1. Reconciliation of ITC is mandatory for availment of ITC in GSTR-3B.
2. Mandatory separate disclosures of ineligible ITC and ITC reclaimed during the month.
Other returns and forms–
| Return form | Return/ form filing frequency | Who are required to file | Tax Period | Due date |
| GSTR-5 and GSTR-5A | Monthly | Non-Resident Taxpayers and ODIAR services provider | September 2022 | 20 Oct 2022 |
| GSTR-6 | Monthly | Input Service Distributors | September 2022 | 13 Oct 2022 |
| GSTR-7 | Monthly | GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST | September 2022 | 10 Oct 2022 |
| GSTR-8 | Monthly | GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST | September 2022 | 10 Oct 2022 |
| PMT-06 | 1st and 2nd month of every quarter | QRMP scheme taxpayers (filed for 1st and 2nd month of every quarter) | September 2022 | 25 Oct 2022 |
| GSTR-11 | Monthly | Persons having Unique Identification Number | September 2022 | 28 Oct 2022 |
| CMP-08 | Quarterly | Statement-cum-challan to declare the details or summary of his/her self-assessed tax payable for the quarter. | July – Sep 2022 | 18 October 2022 |
| ITC-04 | Half-Yearly | Taxpayer turnover is more than INR 5 crores | April – September 2022 | 25 October 2022 |
B. GST Updates:
1. GSTN portal enabled with effect from 1 October 2022 for 2 months up to 30th November 2022 for filing of TRAN-1 and TRAN-2 return as per the Hon’ble Supreme Court directions.
2. 31st October 2022 is the last date to opt for QRMP scheme for October – December 2022 quarter.
3. Time limit extensions with effect from 1st October 2022:
- Time limit to issue credit notes against invoices of FY 2021-22 is now extended to 30th November 2022.
- Time limit to rectify the errors in GST returns of FY 2021-22 is now extended to 30th November 2022.
- Time limit to avail ITC for invoices/ debit notes of FY 2021-22 is now extended to 30th November 2022.
4. Other critical changes effective 1st October 2022:
- ITC availment by recipient is now linked to the timely tax compliance by the suppliers.
- Cancellation of GST returns for non-filers of GST returns.
- Restriction on filing of GSTR-3B if the GSTR-1 for the same period is not filed.
- Restriction on filing of GTSR-1 if the GSTR-1 for the preceding periods is not filed.
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Disclaimer: The above article is based on the author’s understanding and view of the tax laws, tax rules, the relevant circulars, and notifications. Please refer to the latest law and consult the author before forming any opinion basis the information provided above as tax laws are subject to frequent changes. The author is not responsible for any issues arising because of opinion based on the above article without consultation. In any manner whatsoever, the views expressed in this article should not be construed as the views of the firm, the author is associated with. The author can be contacted at [email protected].
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