Notification No. 62/2017 – Central Tax Explained

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

Notification No. 62/2017 – Central Tax: Seeks to extend the time limit for furnishing the return in FORM GSTR-6 for the month of July, 2017

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) (hereinafter referred to as the said Act) and in supersession of notification No. 43/2017-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. 1257 (E), dated the 13^th October, 2017, except as respects things done or omitted to be done before such supersession, the Commissioner hereby extends the time limit for furnishing the return by an Input Service Distributor in FORM GSTR-6 under sub-section (4) of section 39 of the said Act read with rule 65 of the Central Goods and Services Tax Rules, 2017 for the month of July, 2017 till the 31^st day of December, 2017.

2. The extension of the time limit for furnishing the return under sub-section (4) of section 39 of the said Act for the month of August, 2017, September, 2017 and October, 2017 shall be subsequently notified in the Official Gazette.

(Ruchi Bisht)
Under Secretary to the
Government of India

📚 Frequently Asked Questions (FAQs): Notification No. 62/2017 – Central Tax

Q1: What is Notification No. 62/2017 – Central Tax?

Answer:
Notification No. 62/2017 – Central Tax extended the deadline for filing FORM GSTR-6 for the month of July 2017 until 31 December 2017.

Q2: What is FORM GSTR-6?

Answer:
GSTR-6 is a GST return filed by Input Service Distributors to report distribution of input tax credit to branches.

Q3: Who must file GSTR-6?

Answer:
Only Input Service Distributors (ISD) registered under GST must file GSTR-6.

Q4: What is an Input Service Distributor?

Answer:
An ISD is an office that receives input service invoices and distributes the input tax credit to other units of the same company.

Q5: Which section of GST law requires GSTR-6 filing?

Answer:
GSTR-6 filing is required under Section 39(4) of the CGST Act.

Q6: Which rule defines the procedure for filing GSTR-6?

Answer:
The procedure is specified under Rule 65 of the CGST Rules.

Q7: Why was the deadline extended under Notification No. 62/2017?

Answer:
The deadline was extended due to technical issues and compliance challenges during the early GST implementation.

Q8: Does this notification apply to all GST taxpayers?

Answer:
No. It applies only to Input Service Distributors.

Q9: What happens if GSTR-6 is not filed?

Answer:
Failure to file GSTR-6 may result in late fees and compliance notices from GST authorities.
Businesses can avoid penalties by filing returns through:
https://finodha.in/gst-return-filing/

Q10: Is GST registration required to become an ISD?

Answer:
Yes. Businesses must obtain separate GST registration as an Input Service Distributor.
Apply for GST registration here:
https://finodha.in/online-gst-registration/

Q11: How is Input Tax Credit distributed under ISD?

Answer:
ITC is distributed proportionally to branches based on their usage of the services.

Q12: Can a company have multiple ISD registrations?

Answer:
Yes. A company may have multiple ISDs for different offices, depending on its business structure.

Q13: Do small businesses need ISD registration?

Answer:
Generally, large businesses with multiple branches use ISD registration.

Q14: How can businesses ensure accurate ITC distribution?

Answer:
Businesses should maintain detailed service invoices and reconcile ITC regularly.
Finodha experts can help ensure accurate compliance:
https://finodha.in/gst-compliance/

Q15: Why is GSTR-6 important under GST?

Answer:
GSTR-6 ensures proper tracking and distribution of input tax credit among business branches, preventing misuse of GST credits.

Conclusion

Notification No. 62/2017 – Central Tax provided important relief to Input Service Distributors by extending the deadline for filing FORM GSTR-6 during the early stage of GST implementation.

This extension helped businesses properly reconcile and distribute input tax credit across branches without facing immediate penalties.