The Central Board of Indirect Taxes and Customs (CBIC) notified due dates for the taxpayer with turnover up to Rs. 1.5 crore to furnish the details of outward supply of goods or services in FORM GSTR-1 under the Central Goods and Services Tax Rules, 2017.
The Board notified that if the quarter for which details in Form GSTR-1 are furnished is October, 2020 to December, 2020 then the time period for furnishing details in Form GSTR-1 will be 13th January, 2021.
For example, if Mr. X is a businessman and he has a turnover of Rs. 1.4 Crore and he wants to furnish the details in Form GSTR-1 for the months from October, 2020 to December, 2020 then he has to do it latest by 13th January, 2021.
The Board further said that if the quarter for which details in Form GSTR-1 are furnished is January, 2021 to March, 2021 then the time period for furnishing details in Form GSTR-1 will be 13th April, 2021.
For instance, if Mr. X has to furnish the details for January, 2021 to March, 2021then he can do it latest by 13th April, 2021.
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