Question5:

Whether registered person having turnover  below 1.5 crore also required to file GSTR 3B for the month of October 2017 or not ? As per the press release they have to file quarterly return. 

Answer:

As per CBEC Press Release dated 10.11.2017, return filing process has been simplified in the following manner;
(i) All taxpayers would file return in FORM GSTR-3B along with payment of tax by 20th of the succeeding month till March, 2018.
(ii) For filing of details in FORM GSTR-1 till March 2018, taxpayers would be divided into two categories. Details of these two categories along with the last date of filing GSTR 1 are as follows:
a) Taxpayers with annual aggregate turnover upto Rs. 1.5 crore need to file GSTR-1 on quarterly basis as per following frequency:

Jul to Sep - 31st Dec 2017,

Oct to Dec - 15th Feb 2018

Jan to Mar - 30th April 2018  

(b) Taxpayers with annual aggregate turnover more than Rs. 1.5 crore need to file GSTR-1 on monthly basis as per following frequency:

Jul to Oct - 31st Dec 2017,

Nov - 10th Jan 2018.

Dec - 10th Feb 2018,

Jan -  10th Mar 2018,

Feb -  10th Apr 2018.

Mar -  10th May 2018. 

It is emphasized here that GSTR-3B has to be filed on monthly basis only. However, GSTR-1 has been factored on the basis of turn over mentioned above. (Reply dt. 13/11/2017)