Notification No. 71/2018 – Central Tax Explained

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

Notification No. 71/2018 – Central Tax: Seeks to extend the time limit for furnishing the details of outward supplies in FORM GSTR-1 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 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 43/2018- Central Tax, dated the 10^th September, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 854(E), dated the 10^th September, 2018, namely:–

In the said notification, in paragraph 2, in the second proviso, for the words, figures and letters “July, 2017 to September, 2018” and “31^st day of December, 2018”, the words, figures and letters “July, 2017 to December, 2018” and “31^st day of March, 2019” shall respectively be substituted.

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

Note: - The principal notification No. 43/2018-Central Tax dated the 10^th September, 2018 was published in the Gazette of India, Extraordinary, vide number G.S.R. 854(E), dated the 10^th September, 2018 and was last amended by notification No. 64/2018-Central Tax, dated the 29^th November, 2018, published in the Gazette of India, Extraordinary, vide number G.S.R. 1148(E), dated the 29^th November, 2018.

📚 Frequently Asked Questions (FAQs): Notification No. 71/2018 – Central Tax

Q1: What is Notification No. 71/2018 – Central Tax?

Answer:
It extends the time limit for filing GSTR-1 for newly migrated taxpayers under GST.

Q2: Which taxpayers are covered under this notification?

Answer:
Taxpayers who migrated from earlier tax regimes into GST and faced technical issues.

Q3: What period is covered under the extension?

Answer:
From July 2017 to December 2018. 71

Q4: What is the final deadline after this notification?

Answer:
31 March 2019. 71

Q5: Which section enables this notification?

Answer:
Section 148 of the CGST Act, which allows special procedures for certain taxpayers. 71

Q6: Which earlier notification was amended?

Answer:
Notification No. 43/2018 – Central Tax. 71

Q7: Does this extension apply to all taxpayers?

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

Q8: Does this notification reduce late fees?

Answer:
No. It only extends the filing deadline.

Q9: Is GSTR-1 mandatory for all regular taxpayers?

Answer:
Yes, unless they are composition dealers or exempted categories.

Q10: What happens if GSTR-1 is not filed?

Answer:
Possible consequences:
Late fees
Notices
ITC blockage for buyers
Cancellation of GST registration

Q11: Does this extension apply to GSTR-3B?

Answer:
No. It applies only to FORM GSTR-1.

Q12: How does delayed GSTR-1 affect buyers?

Answer:
Buyers cannot claim ITC until the seller files GSTR-1.

Q13: Can taxpayers file old returns after this deadline?

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

Q14: How can businesses avoid such issues in future?

Answer:
File returns on time
Maintain proper accounting
Track GST deadlines

Q15: How can Finodha help migrated taxpayers?

Answer:
Finodha offers:
✔ GST registration
✔ Return filing
✔ Compliance advisory
✔ Notice handling
👉 https://finodha.in/gst-compliance/
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