Finance Ministry Extends GSTR 1 Filing Due Date Till 31st October


The finance ministry recently extended the GSTR 1 filing due date of sales return for the month of July 2017 to September 2018 till 31st October. The notification also stated that the late fee and penalty regarding the non-submission of filing is also waived off.

The notification was announced the government observed the lesser number of GSTR 1 filing in comparison with GSTR 3B. The official statement from the FinMin mentioned that, “In order to encourage taxpayers to furnish Form GSTR-1, a one-time scheme to waive late fee payable for the delayed furnishing of GSTR-1 for the period from July 2017 to September 2018 till October 31, 2018, has been launched.” Read More


GSTR-1: What is GSTR-1 and How to file it? (Updated)


GSTR-1 is one of the GST tax return forms. It is used to submit the “Details of outward supplies of goods and/or services.” Every registered taxpayer under GST has to submit the GSTR-1 with required details by 10th of next month for a particular tax period.

GSTR 1 is a monthly or quarterly return to be filed by the registered taxpayer, it can be filled online through your taxpayer account on GST portal. The form is divided into 13 tables, most of which will be automatically filled based on the profile information of the particular taxpayer. Read More