Quarterly furnishing of FORM GSTR-1 for Taxpayers with aggregate Turnover upto Rs.1.5 crore
Central Board of Excise & Customs has issued a Notifications No 57/2017– Central Tax dated 15th November, 2017 and notify the registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year, as the class of registered persons who will follow the special procedure for furnishing the details of outward supply of goods or services or both.
The said persons shall furnish the details of outward supply of goods or services or both in Form GSTR-1 for the quarter and for such time period as specified in the table below –
|Sl No.||Quarter for which the details in FORM GSTR-1 are furnished||Time period for furnishing the details in FORM GSTR-1|
|1||July – September, 2017||31st December, 2017|
|2||October – December, 2017||15th February, 2018|
|3||January – March, 2018||30th April, 2018|
The special procedure or extension of the time limit for furnishing the details or return, as the case may be, in Form GSTR-2 and Form GSTR- 3 for the months of July, 2017 to March, 2018 shall be subsequently notified in the Official Gazette.
Source : Central Board of Excise & Customs