The government has extended the last date for filing of final sales return GSTR-1 by 10 days, until January 10 under the Goods and Services Tax.

government has extended the last date for filing of final sales return GSTR-1 by 10 days, until January 10 under the Goods and Services Tax, sources said.

Businesses with a turnover of up to Rs 1.5 crore will have to file GSTR-1 for July-September by January 10, 2018, as against December 31, 2017, earlier.

For businesses with a turnover of more than Rs 1.5 crore GSTR-1 has to be filed for the period July-November by January 10.

Earlier these businesses were required to file the GSTR-1 return for July-October by December 31 and that for November, by January 10.

For the month of December, GSTR-1 is to be filed by February 10 and for subsequent months, it would be the 10th day of the succeeding month.

The GST Council had in November allowed businesses with a turnover of up to Rs 1.5 crore to file final returns GSTR-1 quarterly.

Businesses with a turnover of up to Rs 1.5 crore will have to file returns by February 15 for the period October- December and that for January-March, by April 30.

 01 Jan 2018, 09:05 AM