Notification No. 72/2018 – Central Tax Explained

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Notification No. 72/2018 – 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 the second proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Commissioner, 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. 44/2018- 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. 855(E), dated the 10^th September, 2018, namely:–

In the said notification, in the first paragraph, in the first 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:- The principal notification No. 44/2018-Central Tax dated the 10^th September, 2018 was published in the Gazette of India, Extraordinary, vide number G.S.R. 855(E), dated the 10^th September, 2018 and was last amended by notification No. 63/2018-Central Tax, dated the 29^th November, 2018, published in the Gazette of India, Extraordinary, vide number G.S.R. 1147(E), dated the 29^th November, 2018.

📚 Frequently Asked Questions (FAQs): Notification No. 72/2018 – Central Tax

Q1: What is Notification No. 72/2018 – Central Tax?

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

Q2: Which taxpayers are covered?

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

Q3: What period is covered under this extension?

Answer:
From July 2017 to February 2019.

Q4: What is the final deadline after this notification?

Answer:
31 March 2019.

Q5: Which section governs GSTR-1 filing?

Answer:
Section 37(1) of the CGST Act.

Q6: Which earlier notification was amended?

Answer:
Notification No. 44/2018 – Central Tax. 72

Q7: What happens if GSTR-1 is not filed?

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

Q8: Does this extension apply to all taxpayers?

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

Q9: Does this notification reduce late fees?

Answer:
No. It only extends the filing deadline.

Q10: Is GSTR-1 mandatory for all regular taxpayers?

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

Q11: Can businesses file old GSTR-1 after this deadline?

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

Q12: Does this affect GSTR-3B filing?

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

Q13: How does delayed GSTR-1 affect buyers?

Answer:
Buyers may not receive ITC in their returns until the seller files GSTR-1.

Q14: How can businesses avoid such compliance issues?

Answer:
File returns regularly
Maintain proper records
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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