Article summarises key highlights of GST notifications No. 71/2017 to 75/2017- Central Tax dated 29th December 2017 issued by CBEC to extend GSTR-1  Return Filing Due Dates, To  revise GSTR-4 Late Return Filing Penalty, to notify applicability of E-Way Bill rules and to amend GST registration and refund forms.

Notification no 71/2017 CT dt 29th December 2017

Extension of due date for filing of Quarterly GSTR 1 Returns with less than 1.5 crore turn over-

Sl No. Quarter for which the details in FORM GSTR-1 are furnished Time period for furnishing the details in FORM GSTR-1
(1) (2) (3)
1 July- September, 2017 10th January, 2018
2 October- December, 2017 15th February, 2018
3 January- March, 2018 30th April, 2018

Notification no 72/2017 CT dt 29th December 2017

Extension of due date for filing of Monthly GSTR-1 returns with more than 1.5 crore turn over-

SI No. Months for which the details in FORM GSTR-1 are furnished Time period for furnishing the details in FORM GSTR-1
1 July- November, 2017 10th January, 2018
2 December, 2017 10th February, 2018
3 January, 2018 10th March, 2018
4 February, 2018 10th April, 2018
5 March, 2018 10th May, 2018

Notification no 73/2017 CT dt 29th December 2017

Failure to furnish GSTR 4 (Composition dealer’s return) on due date late fee revised to Rs. 25 /- per day and for nil return it is Rs.10/-per day

Notification no 74/2017 CT dt 29th December 2017

E Way Bill – Highlights

Effective from 1st Feb 2018 for all movement of goods, with E Way bill which is valid in every state and union territory. The exception is for the inward supply from an unregistered person.

Value of consignment less than Rs. 50,000/- not mandatory.

All movements related to job work with E Way bill irrespective of value

No E way bill from consignor to transporter place within state up to 10 Kms.

E way bill is to be updated in portal when there is transshipment.

If the transshipment takes place within 10 KMS and within the state no update in portal is required. Transporter can create a consolidated E way bill clubbing multiple consignments in a conveyance.

No e way bill required in respect of 154 goods, transportation through non-motorized conveyance, transportations for clearance by customs from port, airport cargo complex, land customs, Inland Container Depos, movement of goods with in certain area as notified by the respective state Government

Part-A of E way Bill-01 can be used for GSTR-1 avoiding duplication of entries

E way bill may be cancelled in portal within 24 hours of it’s creation

Validity of E way bill is up to 100 Km for one day, additional one day for every 100 Km or part thereof.

Recipient can accept or reject the e way bill in portal. No action by him within 72 hours amounts to acceptance

Movements with the documents as is prevailing in Pre-GST regime with additional feature of Radio Frequency Identification Device embedded on to the conveyance

Procedure for verifications, inspections and detention as exists in pre-GST regime but supported by various forms generated in portal.

Notification no 75/2017 CT dt 29th December 2017

Amendments in registration, refund forms  in respect of

  • On line information and Database Access and Retrieval services
  • Changes in Original registration
  • Zero rated supply
  • any specialized agency of UN or any Multilateral Financial Institution and Organization, Consulate or Embassy of foreign countries,
  • IGST on Exports

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