The changes introduced in the return formats by the GST Council are gradually getting implemented on GSTN portal. On the other hand, the government is increasingly focusing on improving the auto-population of data, strengthening the disclosure requirements in the returns, and bolstering the return filing mechanism. The timely and accurate compliances by the taxpayers form an integral part to drives these initiatives towards success. The below article covers the important GST updates for the taxpayers and the compliance calendar for the month of September 2022.

A. 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 August 2022 11 Sep 2022
Taxpayers having an aggregate turnover of LESS than Rs. 1.50 Crores GSTR-1 Monthly August 2022 11 Sep 2022
Taxpayers having an aggregate turnover of LESS than Rs. 1.50 Crores GSTR-1 IFF (QRMP scheme taxpayers) Quarterly August 2022 out of July – Sep 2022 quarter 13 Sep 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 August 2022 20 September 2022
Up to 5 crores Monthly All states August 2022 20 September 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. ITC availed in GSTR-3B should be restricted to eligible ITC appearing in GSTR-2B. System-generated notices are getting issued to the taxpayers wherein ITC availed in the GSTR-3B is more than the ITC reflected in the GSTR-2B generated on the GSTN portal.

2. Filing of GSTR-1 is mandatory to file GSTR-3B for the relevant tax period.

GST updates and compliance calendar for September 2022

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 August 2022 20 Sep 2022
GSTR-6 Monthly Input Service Distributors August 2022 13 Sep 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 August 2022 10 Sep 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 August 2022 10 Sep 2022
PMT-06 1st and 2nd month of every quarter QRMP scheme taxpayers (filed for 1st and 2nd month of every quarter) August 2022 25 Sep 2022
GSTR-11 Monthly Persons having Unique Identification Number August 2022 28 Sep 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

B. GST Updates:

  • Guidelines issued by CBIC related to arrest and bail for offences punishable under GST (Instruction No. 02/2022-23 dated August 17, 2022)
  • Guidelines issued by CBIC for issuing summons under GST. The guidelines advise the tax officers that instead of resorting to issuance of summon, they may issue a letter of requisition for information, if the same suffices (Instruction No. 03/2022-23 dated August 17, 2022)
  • The changes in Table 4 of GSTR-3B recommended earlier have been made effective on GSTN portal with effect from 1 September 2022. Consequently, the taxpayers have to make disclosures in respect of ITC belonging to Section 17(5) of CGST Act, 2017. Further, the taxpayers are now required to separately disclose the ITC reclaimed during the month i.e., the ITC which was earlier reversed and now reavailed by the taxpayer.

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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