11/06/2019
GST PRESS RELESE dated 11th June, 2019
TRANSITION PLAN TO THE NEW GST RETURN
1) FOR JULY TO SEPTEMBER 2019
a) The taxpayers shall continue to fulfil their compliances by filing FORM GSTR1 and FORM GSTR3B i.e. taxpayers would continue to file their outward supply details in FORM GSTR-1 on monthly/quarterly basis and return in FORM GSTR-3B on monthly basis
b) Taxpayers would be able to upload invoices using the FORM GST ANX1 offline tool on trial basis for familiarization. Further, users would also be able to view and download, the inward supply of invoices using the FORM GST ANX-2 offline tool under the trial program.
c) This trial would have no impact at the back end on the tax liability or input tax credit of the taxpayer
2) FOR OCTOBER TO DECEMBER 2019
a) Taxpayer with aggregate annual turnover upto Rs. 5 Crore
• Invoices etc. can be uploaded in FORM GST ANX-1 on a continuous basis both by large and small taxpayers from October, 2019 onwards. FORM GST ANX2 may be viewed simultaneously during this period but no action shall be allowed on such FORM GST ANX-2.
• The small taxpayers would stop filing FORM GSTR-3B and would start filing FORM GST PMT-08 from October, 2019 onwards. They would file their first FORM GST RET-01 for the quarter October, 2019 to December, 2019 from 20th January, 2020.
b) Taxpayer with aggregate annual turnover more than Rs. 5 Crore
• FORM GST ANX-1 shall be made compulsory and FORM GSTR-1 would be replaced by FORM GST ANX-1. The large taxpayers would upload their monthly FORM GST ANX-1 from October, 2019 onwards.
• For October and November, 2019, large taxpayers would continue to file FORM GSTR-3B on monthly basis. They would file their first FORM GST RET-01 for the month of December, 2019 by 20th January, 2020.
3) JANUARY 2020 ONWARDS :
From January, 2020 onwards, all taxpayers shall be filing FORM GST RET-01 with ANX1 & ANX2 and FORM GSTR-3B shall be completely phased out.
