Notification No.: 34/2018 – Central Tax
Date of Notification: 10th August 2018
Relevant Sections and Rules:
- Central GST Act, 2017:
- Section 168: Power of the Board to issue instructions
- Section 49: Payment of tax, interest, penalty, etc.
- CGST Rules, 2017:
- Rule 61(5): Return in Form GSTR-3B
- Integrated GST Act: Not applicable
Summary of Notification
- Monthly GSTR-3B Return Schedule for July 2018 to March 2019:
The Central Government, on recommendation of the GST Council, notified that the return in Form GSTR-3B for each of the months from July 2018 to March 2019 shall be furnished electronically through the common portal on or before the 20th day of the month succeeding such month. - Timeline for Payment of Tax Liabilities:
Every registered person filing GSTR-3B shall discharge their liability towards tax, interest, penalty, fees, or any other amount under the CGST Act by debiting the electronic cash or credit ledger on or before the due date of filing the return (i.e., the 20th of the following month), in accordance with Section 49.
This notification regularizes the monthly return filing and payment cycle for all taxpayers.
