Central Tax Notification No 23 of 2017 dt 17th August, 2017 under GST

r>

 

file FORM GST TRAN-

 

 

 

1  on or before the 28th

 

 

 

August, 2017

 

 

 

2.

Registered

persons

28th  August,

(i)  compute  the  “tax  payable  under  the

 

entitled to avail input tax

2017

said Act” for the month of July, 2017 and

 

credit in terms of section

 

deposit  the  same  in  cash  as  per  the

 

140 of the said Act read

 

 

 

provisions of rule 87 of the said Rules on

 

with rule 117 of the said

 

 

 

or before the 20th August, 2017;

 

Rules and opting to file

 

 

 

(ii) file FORM GST TRAN-1 under sub-

 

FORM GST TRAN-1 on

 

 

or before the 28th August,

 

rule  (1)  of  rule  117  of  the  said  Rules

 

 

2017

 

 

before the filing of FORM GSTR-3B;

 

 

 

 

(iii)  where  the  amount  of  tax  payable

 

 

 

 

under the said Act for the month of July,

 

 

 

 

2017, as detailed in the return furnished in

 

 

 

 

FORM GSTR-3B, exceeds the amount of

 

 

 

 

tax deposited in cash as per item (i), the

 

 

 

 

registered  person  shall  pay  such  excess

 

 

 

 

amount  in  cash  in  accordance  with  the

 

 

 

 

provisions of rule 87 of the said Rules on

 

 

 

 

or before 28th August, 2017 along with the

 

 

 

 

applicable interest calculated from the 21st

 

 

 

 

day of August, 2017 till the date of such

 

 

 

 

deposit.

 

 

 

 

 

3.

Any   other

registered

20th  August,

 

person

 

2017

 

 

 

  1. 2.    Payment of taxes for discharge of tax liability as per GSTR-3B: Every registered person furnishing the return in FORM GSTR-3B shall, subject to the provisions of section 49 of the said Act, discharge his liability towards tax, interest, penalty, fees or any other amount payable under the Act by debiting the electronic cash ledger or electronic credit ledger.

 

Explanation.- For the purposes of this notification, the expression-

 

(i)                 “Registered person” means the person required to file return under sub-section (1) of section 39 of the said Act;

 

(ii)              “tax payable under the said Act” means the difference between the tax payable for the month of July, 2017 as detailed in the return furnished in FORM GSTR-3B and the amount of input tax credit entitled to for the month of July, 2017 under Chapter V and section 140 of the said Act read with the rules made thereunder.

 

 

  1. This notification shall come into force with effect from the date of publication in the Official Gazette.

 

 

[F. No. 349/74/2017-GST(Pt.)]

 

 

 

(Dr. Sreeparvathy S.L.)

 

Under Secretary to the Government of India

 

 

 

 

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Notification no 23/2017 Central Tax date on 17th August, 2017, GST

 

 

GST Seeks to notify the date and conditions for filing the return in FORM GSTR-3B for the month of July, 2017

 

The extract of GST Notification No. 23/2017- Central Tax is given below:

 

Notification No. 23/2017- Central Tax, GST

 

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

 

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise and Customs

 

 

Notification No. 23/2017 – Central Tax

 

New Delhi, the 17th August, 2017

 

G.S.R. ( )E.:- In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as “the said Act”) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as “the said Rules”) and notification No. 21/2017-Central Tax dated 08th August, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R. number 997 (E), dated the 08th August, 2017, the Commissioner, on the recommendations of the Council, hereby specifies the conditions in column (4) of the Table below, for furnishing the return in FORM GSTR-3B electronically through the common portal for the month of July, 2017, for such class of registered persons as mentioned in the corresponding entry in column (2) of the said Table, by the date specified in the corresponding entry in column (3) of the said Table, namely:-

 

TABLE

 

<t

Sl.

Class of registered

Last date

Conditions

No.

persons

 

for

 

 

 

 

furnishing

 

 

 

 

of return in

 

 

 

 

FORM

 

 

 

 

GSTR-3B

 

(1)

(2)

 

(3)

(4)

1.

Registered

persons

20th  August,

 

 

entitled to avail input tax

2017

 

credit in terms of section

 

 

 

140 of the said Act read

 

 

 

with rule 117 of the said

 

 

 

Rules but opting not  to

 

 


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