Notification No. 34/2018 – Central Tax Explained

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Notification No. 34/2018 – Central Tax: Seeks to prescribe the due dates for filing FORM GSTR-3B for the months from July, 2018 to March, 2019

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

G.S.R…(E).- In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as the said rules), the Commissioner, on the recommendations of the Council, hereby specifies that the return in FORM GSTR-3B of the said rules for each of the months from July, 2018 to March, 2019 shall be furnished electronically through the common portal, on or before the twentieth day of the month succeeding such month.

2. Payment of taxes for discharge of tax liability as per FORM GSTR-3B.– Every registered person furnishing the return in FORM GSTR-3B of the said rules shall, subject to the provisions of section 49 of the said Act, discharge his liability towards tax, interest, penalty, fees or any other amount payable under the said Act by debiting the electronic cash ledger or electronic credit ledger, as the case may be, not later than the last date, as specified in the first paragraph, on which he is required to furnish the said return.

(Dr. Sree Parvathy S.L.)
Under Secretary to the
Government of India

📚 Frequently Asked Questions (FAQs): Notification No. 34/2018 – Central Tax

Q1: What is Notification No. 34/2018 – Central Tax?

Answer:
It is a GST notification prescribing GSTR-3B due dates for July 2018 to March 2019. 34

Q2: Which return is affected by this notification?

Answer:
FORM GSTR-3B. 34

Q3: What period does this notification cover?

Answer:
From:
July 2018
To March 2019 34

Q4: What is the due date rule prescribed?

Answer:
GSTR-3B must be filed:
On or before the 20th of the succeeding month.

Q5: Under which section was this notification issued?

Answer:
Under:
Section 168 of the CGST Act. 34

Q6: Which rule is linked to this notification?

Answer:
It is linked to:
Rule 61(5) of the CGST Rules. 34

Q7: Is tax payment required before filing GSTR-3B?

Answer:
Yes.
Tax liability must be discharged:
Through electronic cash or credit ledger
Before or at the time of filing. 34

Q8: Under which section is tax payment governed?

Answer:
Under:
Section 49 of the CGST Act. 34

Q9: Does this notification apply to all taxpayers?

Answer:
Yes.
It applies to all registered persons required to file GSTR-3B.

Q10: What happens if GSTR-3B is not filed by the due date?

Answer:
Possible consequences:
Late fees
Interest on tax
GST notices

Q11: Can ITC be claimed without filing GSTR-3B?

Answer:
No.
ITC is available only after:
Filing GSTR-3B.

Q12: Who should seek professional help?

Answer:
You should consult an expert if:
You missed due dates
You have ITC mismatches
You received GST notices
Get help with Finodha GST Compliance:
https://finodha.in/gst-compliance/

Q13: Can GSTR-3B errors affect income tax returns?

Answer:
Yes.
Incorrect GST reporting may:
Affect profit figures
Cause ITR mismatches
File correctly here:
https://finodha.in/income-tax-return-filing-online/

Q14: How can businesses stay compliant?

Answer:
They should:
Track monthly due dates
Reconcile books with GST returns
Pay taxes on time
Start your compliant business setup:
https://finodha.in/setup-business/