Notification No. 59/2017 – Central Tax Explained

Want to File ITR, GST Returns & Pvt. Ltd. Registration

Notification No. 59/2017 – Central Tax: Seeks to extend the time limit for filing of FORM GSTR-4

GST: [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 sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 41/2017-Central Tax, dated the 13^th October, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1255(E), dated the 13^th October, 2017, namely:-

In the said notification, for the words, figures and letters “the 15^th day of November, 2017”, the words, figures and letters “the 24^thday of December, 2017” shall be substituted.

(Ruchi Bisht)
Under Secretary to the
Government of India

Note: - The principal notification No.41/2017-Central Tax, dated the 13^th October, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1255 (E), dated the 13^th October, 2017.

📚 Frequently Asked Questions (FAQs): Notification No. 59/2017 – Central Tax

Q1: What is Notification No. 59/2017 – Central Tax?

Answer:
Notification No. 59/2017 – Central Tax extended the due date for filing FORM GSTR-4 from 15 November 2017 to 24 December 2017.

Q2: What is FORM GSTR-4?

Answer:
GSTR-4 is a GST return filed by composition scheme taxpayers to report turnover and tax liability.

Q3: Who must file GSTR-4?

Answer:
Businesses registered under the GST composition scheme must file FORM GSTR-4.

Q4: Which section of GST law governs return filing deadlines?

Answer:
The government extended the deadline under Section 39(6) of the CGST Act.

Q5: Which notification was amended by Notification No. 59/2017?

Answer:
It amended Notification No. 41/2017 – Central Tax.

Q6: What is the revised due date under Notification No. 59/2017?

Answer:
The due date for filing GSTR-4 was extended to 24 December 2017.

Q7: What happens if GSTR-4 is not filed on time?

Answer:
Delayed filing may result in late fees and penalties under GST law.
Businesses can avoid penalties by filing returns through:
https://finodha.in/gst-return-filing/

Q8: What is the composition scheme under GST?

Answer:
The composition scheme allows small businesses to pay GST at a fixed rate on turnover instead of regular GST rates.

Q9: What is the current turnover limit for the composition scheme?

Answer:
Currently, businesses with turnover up to ₹1.5 crore (in most states) can opt for the composition scheme.

Q10: Do composition taxpayers charge GST from customers?

Answer:
No. Composition taxpayers cannot collect GST from customers separately.

Q11: Can composition taxpayers claim Input Tax Credit?

Answer:
No. Businesses under the composition scheme cannot claim Input Tax Credit (ITC).

Q12: Is GST registration required to opt for the composition scheme?

Answer:
Yes. Businesses must first obtain GST registration before opting for the composition scheme.
Register here:
https://finodha.in/online-gst-registration/

Q13: Why was the GSTR-4 deadline extended?

Answer:
The deadline was extended due to technical issues and compliance difficulties during the initial GST rollout.

Q14: How can businesses ensure GST compliance?

Answer:
Businesses should maintain accurate records, track deadlines, and consult GST professionals.
Finodha provides expert GST support:
https://finodha.in/gst-compliance/

Q15: Why is GSTR-4 important under GST?

Answer:
GSTR-4 ensures proper reporting of turnover and tax liability for composition scheme taxpayers, helping maintain transparency in the GST system.

Conclusion

Notification No. 59/2017 – Central Tax provided important relief to composition scheme taxpayers by extending the due date for filing FORM GSTR-4.

This extension helped small businesses comply with GST return requirements during the early stage of GST implementation.

However, businesses must ensure timely filing of GST returns and proper record-keeping to avoid penalties and maintain compliance.