11 Nov 2017Posted By: Jatin

23rd GST Council Meeting – GST Rates on 178 items Slashed – GST Return Due Dates Change – GST Penalty for Late Filing waived off - Reduced

The government on its 23rd GST Council Meeting held on 10th November 2017 at Guwahati, Assam has announced more relief to MSME’s industries and will the reduce the compliance burden on the common man. This article will summarise the decisions taken in the meeting with respect to GST return filing

Find out updates about GST composition scheme 

 Rates on 178 Items slashed, Government giving huge relief to the general public reduced GST on 178 items

 Rates on following items reduced from 28% to 18%

  • Washing Machines 
  • Air Conditioners
  • Make up 
  • Sanitary Items
  • Marble/flooring
  • Toiletries
  • Cocoa products
  • Chocolate
  • Non-Alcoholic beverages
  • Wafers
  • Skincare products, Shampoo, hair dye, shaving cream, soap, washing powder, creams and deodorants
  • Goggles, wristwatches
  • Tyre tubes for bicycle and three-wheelers, plywood furniture, wallpaper.
  • Articles of granite, marble, slate, plaster and mica, ceramic goods and glassware

Rates on following items reduced from 28% to 12%

  • Wet grinders
  • Armoured fighting vehicles
  • Common kitchen appliances

 Rates on following items reduced from 12% to 5%

  • Desiccated coconut
  • Narrow woven fabric including cotton newar Idli, dosa batter
  • Finished leather, chamois and composition leather
  • Coir cordage and ropes, jute twine, coir products
  • Fishing net and fishing hooks
  • Worn clothing
  • Fly ash brick

Rates on following items reduced from 5% to 0%

  • Guar meal
  • Hop cone (other than grounded, powdered or in pellet form)
  • Certain dried vegetables such as sweet potatoes, maniac
  • Unworked coconut shell
  • Fish frozen or dried (not put up in unit container bearing a brand name)
  • Khandsari sugar
  • Dried vegetables
  • Sweet potatoes
  • dried or frozen fish
  • coconut shell


GST 3B Return - A simplified return continued

In the 23rd GST Council Meeting, The government has announced that  the GSTR 3B return will be continued to be filed for all the months from July 2017 until March 2018. The due date for the same is 20th of every month.


GSTR 1 Return Due Date Changes

The Purpose of this return serves to submit details of sales. Due date of this return is 10th of every Quarter/Month. Now GSTR-1 is to be filed by all the taxpayers quarterly/Monthly based on turnover. New Due date will depend on annual turnover.


Annual Turnover of less than Rs.1.5 Crores

Entities having a turnover of less than Rs.1.5 crores per annum can file quarterly GST returns as follows:


GSTR 1 Return Due Date

July – September 2017

31st December 2017

October – December 2017

15th February 2018

January – March 2017

30th April 2018


Annual Turnover of More than Rs.1.5 Crores

Entities having GST Registration and a turnover of more than Rs.1.5 crores per annum must file monthly GST returns as follows:


GSTR 1 Due Date

July 2017

31st December 2017

August 2017

31st December 2017

September 2017

31st December 2017

October 2017

31st December 2017

November 2018

10th January 2018

December 2017

10th February 2018

January 2018

10th March 2018

February  2018

10th April 2018

March 2018

10th May 2018


GSTR 2 and GSTR 3 suspended for current financial year (FY 2017-18)

The government has temporarily suspended filing of GSTR 2 and GST 3 Return until March, 2017. However, GSTR 1 return must be filed by taxpayers as per the schedule above without filing GSTR 2 and GSTR 3 return.  


GSTR 4 Return Due Date Change

This return needs to be filed by those who have opted for composition scheme.  Now, GSTR 4 for the July to September 2017 quarter will be due only on the 24th of December 2017. The due date for subsequent quarters will be announced by the GST Council at a future date.


GSTR 5 Return Due Date Change

This return is to be filed by those who are a non-resident taxable person. The GSTR 5 and GSTR 5A due date for the month of July 2017 has been extended until 11th December and 15th December 2017, respectively


GSTR 6 Return Due Date Change

This return is to be filed by the input service distributor. Now, the due date for filing GSTR 6 has been extended until 31st December 2017


Penalty for late filing of GST Returns Reduced

  • Late fee waived for the month of July, August and September GSTR-3B .It has been decided that where such late fee was paid, it will be re-credited to their Electronic Cash Ledger under “Tax” head instead of “Fee” head so as to enable them to use that amount for the discharge of their future tax liabilities.
  • For the succeeding months i.e. October 2017 onwards, the late filing fee for taxpayers whose tax liability for that month was “NIL” will be reduced to Rs.20 per day. Earlier it was Rs.200 per day.



The relief announced by the government will definitely help MSME’s and boost ease of doing business. 

In case you need assistance with GST Return Filing you can fill out our inquiry form and arrange a call from E-Startupindia business advisors or you can connect with us at 8881069069 


Posted Date 2017-11-15 06:05:05

Sir,GST number issu hone ke bad yadi turn over 2000000 se kam ho phir bhi gst return krna pdega plz suggestion me

Posted By Pulkit Gupta
Posted Date 2018-02-18 20:25:00

Yes you need to file GST return irrespective of turnover

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