Notification No. 68/2018 – Central Tax Explained

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Notification No. 68/2018 – Central Tax: Seeks to extend the time limit for furnishing the return in FORM GSTR-3B for the newly migrated taxpayers.

[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) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017, the Commissioner, on the recommendations of the Council, hereby makes the following further amendments -

in notification No. 21/2017– Central Tax, dated the 08th August, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),vide number G.S.R. 997(E), dated the 08th August, 2017; and

in notification No. 56/2017– Central Tax, dated the 15th November, 2

017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.1412(E), dated the 15th November, 2017, namely:–

In the said notifications, in the first paragraph, in the proviso, for the words, figures and letters “July, 2017 to November, 2018” and “31^st day of December, 2018”, the words, figures and letters “July, 2017 to February, 2019”and “31^st day of March, 2019”shall be respectively substituted.

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

Note:- 1.The principal notification number 21/2017– Central Tax, dated the 08th August, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.997(E), dated the 08th August, 2017; and

2. The principal notification number 56/2017 – Central Tax , dated the 15^th November, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i) vide number G.S.R.1412(E), dated the 15th November, 2017; were last amended by notification No. 45/2018, dated the 10th September, 2018, published in the Gazette of India, Extraordinary, vide number G.S.R. 856(E), dated the 10^th September, 2018.

📚 Frequently Asked Questions (FAQs): Notification No. 68/2018 – Central Tax

Q1: What is Notification No. 68/2018 – Central Tax?

Answer:
It extends the time limit for filing GSTR-3B for newly migrated taxpayers under GST.

Q2: Which taxpayers are covered?

Answer:
Taxpayers who migrated from earlier tax systems like VAT, Service Tax, or Excise.

Q3: What period is covered under the extension?

Answer:
From July 2017 to February 2019. 68

Q4: What is the final deadline after this notification?

Answer:
31 March 2019. 68

Q5: Which earlier notifications were amended?

Answer:
Notification No. 21/2017 – Central Tax
Notification No. 56/2017 – Central Tax 68

Q6: Under which section was this notification issued?

Answer:
It was issued under Section 168 of the CGST Act. 68

Q7: Which rule governs GSTR-3B filing?

Answer:
Rule 61(5) of the CGST Rules governs GSTR-3B. 68

Q8: Does this extension apply to all taxpayers?

Answer:
No. It applies only to newly migrated taxpayers.

Q9: Does this notification waive late fees?

Answer:
No. It only extends the filing deadline.

Q10: Is GSTR-3B mandatory even for nil returns?

Answer:
Yes. Even if there are no transactions, a nil return must be filed.

Q11: What happens if GSTR-3B is not filed?

Answer:
Possible consequences include:
Late fees
Interest
Notices
Registration cancellation

Q12: Does this extension apply to GSTR-1?

Answer:
No. It applies only to FORM GSTR-3B.

Q13: How does delayed GSTR-3B affect business operations?

Answer:
It may lead to:
ITC blockage
E-way bill restrictions
Compliance notices

Q14: Can taxpayers file old returns after this deadline?

Answer:
Only if further extensions or special relief schemes are announced.

Q15: How can Finodha help migrated taxpayers?

Answer:
Finodha provides:
✔ GST registration
✔ GSTR-3B filing
✔ Compliance advisory
✔ Notice handling
👉 https://finodha.in/gst-compliance/
👉 https://finodha.in/setup-business/