GST Filing Calendar & Penalty Guide
GST portals enforce automated late fees of INR 50 per day for delay in GSTR-1 or GSTR-3B filings. In addition, Input Tax Credit (ITC) reconciliation mismatches trigger tax scrutiny. This calendar lists filing schedules and audit guidelines.
Key Highlights covered:
- GSTR-1 sales logs: Monthly filing schedules due by the 11th.
- GSTR-3B tax offsets: Payments and credit claims due by the 20th.
- Input tax matching: Reconciling buying invoices with GSTR-2B dynamic portal records.
- GSTR-9/9C reconciliation: Annual thresholds, audit triggers, and certification forms.
What are the recurring GST filing due dates in India?
GSTR-1 (monthly outward supply details) is due by the 11th of the following month, while GSTR-3B (consolidated monthly summary and tax payout) is due by the 20th of the following month. Quarterly return option (QRMP scheme) exists for entities under INR 5 Crores turnover.
How does GSTR-2B affect Input Tax Credit offsets?
GSTR-2B is a static, auto-generated statement showing eligible Input Tax Credits. Buyers can only offset tax liabilities with inputs that vendors have formally uploaded, requiring regular ledger cross-checking to verify vendor compliance.
Frequently Asked Questions
The late fee is INR 50 per day (INR 25 CGST + INR 25 SGST) up to a maximum cap of INR 5,000 for regular filers, plus interest at 18% per annum on unpaid tax liabilities.
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This article is written and reviewed by practicing Chartered Accountants of DSS Corp Advisory in Chennai. Information is aligned with the latest Finance Act notifications.