Circular No. 7/7/2017-GST — LIST OF AMENDING ACTS

Circular No. 7/7/2017-GST F. No. 349/164/2017/-GST Government of India Ministry of Finance Department of Revenue Central Board f Excise and Customs GST Policy Wing New Delhi, Dated the 01 September; 2017 The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Subject: System based reconciliation of information furnished in FORM GSTR-I and FORM GSTR-2 with FORM GSTR-3B regarding Sections 37, 38 and section 39 of the CGST Act; 2017(hereinafter referred to as the Act' ) read with rules 59, 60 and 61 of the CGST Rules, 2017(hereinafter referred to as the Rules- require every registered person to furnish details of outward supplies made in month in FORM GSTR-1, details of inward supplies received in month in FORM GSTR-2 and return in FORM GSTR-3 by the 10th 15th and 20thof the next month respectively. Keeping in view that taxpayers may face certain issues in the initial days after the introduction of GST, the GST Council extended the date for filing of FORM GSTR-1 and FORM GSTR-2 for the months of July and August, 2017 and approved the filing of a simplified return in FORM GSTR-3Bfor these two months by the notified due dates after making the due payment of tax 2_ Registered persons opting to utilize transitional credit available under section 140 of the Act read with the rules made there under for discharging the tax liability for the month of July, 2017 were required to file FORM GST TRAN -1 on or before 28th August,2017. This transitional credit was to be credited to the electronic credit ledger and be available for discharging the tax liability: 3_ As per the provisions f sub-rule (5) of rule 61 of the Rules, the return in FORM GSTR-3B was required to be fur