The GST Council, in its 21st meeting held at Hyderabad on 9th September 2017, has recommended the following measures to facilitate taxpayers:
a) In view of the difficulties being faced by taxpayers in filing returns, the following revised schedule has been approved:
|
SL No. |
Details / Return |
Tax Period |
Revised due date |
|
|
1 |
GSTR-1 |
July, 2017 |
10thOct, 2017 |
|
|
For registered persons with aggregate turnover of more than Rs. 100 crores, the due date shall be 3. October 2017 |
||||
|
2 |
GSTR-2 |
July, 2017 |
31stOct, 2017 |
|
|
3 |
GSTR-3 |
July, 2017 |
10thNov, 2017 |
|
|
4 |
GSTR-4 |
July-September, 2017 |
18thOct, 2017 (no change) |
|
|
Table-4 under GSTR-4 not to be filled for the quarter July-September 2017. Requirement of filing GSTR-4A for this quarter is dispensed with. |
||||
|
5 |
GSTR-6 |
July, 2017 |
13th Oct, 2017 |
|
Due dates for filing of the above mentioned returns (i.e. August / September) for subsequent periods shall be notified at a later date.
b) GSTR-3B will continue to be filed for the months of August to December, 2017.
c) A registered person (whether migrated or new registrant), who could not opt for composition scheme, shall be given the option to avail composition till 30th September 2017 and such registered person shall be permitted to avail the benefit of composition scheme with effect from 1. October, 2017.
d) Presently, any person making inter-state taxable supplies is not eligible for threshold exemption of Rs. 20 lacs (Rs. 10 tars in special category states except J & K) and is liable for registration. It has been decided to allow an exemption from registration to persons making inter-State taxable supplies of handicraft goods upto aggregate turnover of Rs. 20 lacs as long as the person has a Permanent Account Number (PAN) and the goods move under the cover of an e-way bill, irrespective of the value of the consignment.
e) Presently, a job worker making inter-State taxable supply of job work service is not eligible for threshold exemption of Rs. 20 lacs (Rs. 10 lacs in special category states except J & K) and is liable for registration. It has been decided to exempt those job workers from obtaining registration who are making inter-State taxable supply of job work service to a registered person as long as the goods move under the cover of an e-way bill, irrespective of the value of the consignment. This exemption will not be available to job work in relation to jewellery, goldsmiths' and silversmiths' wares as covered under Chapter 71 which do not require a-way bill.
f) FORM GST TRAN-1 can be revised once.
g) The due date for submission of FORM GST TRAN-1 has been extended by one month i.e. 31. October, 2017.
h) The registration for persons liable to deduct tax at source (TDS) and collect tax at source (TCS) will commence from 18th September 2017. However, the date from which TDS and TCS will be deducted or collected will be notified by the Council later.
2. The GST Council has decided to set up a committee consisting of officers from both the Centre and the States under the chairmanship of the Revenue Secretary to examine the issues related to exports.
3. The GST Council has also decided to constitute a Group of Ministers to monitor and resolve the IT challenges faced during GST implementation.
The GST Council has recommended changes in the GST rates on the following goods:
|
S.No |
HSN |
Description |
Present GST Rate |
Recommended GST rate |
|
1. |
0802 |
Walnuts, whether or not shelled |
12% |
5% |
|
2. |
0813 |
Tamarind dried |
12% |
5% |
|
3. |
2106 |
Roasted Gram |
12% |
5% |
|
4. |
2106 |
Custard powder |
28% |
18% |
|
5. |
2106 |
Batters, including idli / dosa batter |
18% |
12% |
|
6. |
2304, 2305, 2306 |
Oil cakes |
Nil for cattle feed 5% for other uses |
5% [irrespective of end use] |
|
7. |
2306 |
Cotton seed oil cake |
Nil for cattle feed 5% for other uses |
Nil [irrespective of end use] |
|
8. |
3307, 4100 |
Dhoop batti, dhoop, sambhrani and other similar items |
12% |
5% |
|
9. |
3926 |
Medical grade sterile disposable gloves of plastics |
28% |
18% |
|
10. |
3926 |
Plastic raincoats |
28% |
18% |
|
11. |
4016 |
Rubber bands |
28% |
12% |
|
12. |
4016 |
Rice rubber rolls for paddy de-husking machine |
28% |
18% |
|
13. |
4907 |
Duty Credit Scrips |
12% |
5% |
|
14. |
50 to 55 |
Khadi fabric, sold through Khadi and Village Industrries Commission’s outlets |
5% |
Nil |
|
15. |
5801 |
Corduroy fabrics |
12% |
5% [with no refund of ITC] |
|
16. |
5808 |
Saree fall |
12% |
5% |
|
17. |
6501 |
Textile caps |
18% |
12% |
|
18. |
6912 |
Idols made of clay |
28% |
Nil |
|
19. |
44, 68, 83 |
Idols of wood, stone [including marble] and metals [other than those made of precious metals] |
28% |
12% |
|
20. |
7102 |
Rough industrial diamonds including unsorted rough diamonds |
3% |
0.25% |
|
S.No |
HSN |
Description |
Present GST Rate |
Recommended GST rate |
|
21. |
8424 |
Nozzles for drip irrigation equipment or sprinklers [mechanical appliances (whether or not hand operated) for projecting, dispersing or spraying liquids or powders] |
18% |
12% |
|
22. |
8445 |
Charkha for hand spinning of yarns, including amber charkha |
Nil / 18% |
Nil |
|
23. |
8528 |
Computer monitors upto 20'' Note: Computer monitors upto 17'' are already at 18%. |
28% |
18% |
|
24. |
9404 |
Cotton quilts |
18% |
5% on cotton quilts not exceeding Rs.1000 per piece, 12% on cotton quilts exceeding Rs.1000 per piece |
|
25. |
9601 |
Worked corals, other than articles of coral |
28% |
5% |
|
26. |
9603 |
Brooms and brushes, consisting of twigs or other vegetable materials, bound together, with or without handles. Note: Phool bahari jhadoo is already at Nil GST. |
5% |
Nil |
|
27. |
9613 |
Kitchen gas lighters |
28% |
18% |
|
28. |
Any Chapter |
Rosaries and prayer beads |
18% |
5% |
|
29. |
Any Chapter |
Hawan samagri |
Applicable rate |
5% |
|
30. |
4419 |
Table and Kitchenware etc. of wood |
18% |
12% |
|
31. |
4601, 4602 |
Grass, leaf and reed and fibre products, including mats, pouches, wallets |
12% |
5% |
|
32. |
4823 |
Paper Mache articles |
18% |
5% |
|
33. |
68 |
Stone inlay work |
28% |
12% |
|
34. |
6802 |
Statues, statuettes, pedestals; high or low reliefs, crosses, figures of animals, bowls, vases, cups, cachou boxes, writing sets, ashtrays, paper weights, artificial fruit and foliage, etc; other ornamental goods essentially of stone. |
28% |
12% |
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