The Goods and Services Tax Network (GSTN) on October 29, 2024 has issued an advisory regarding upcoming change to GST return filing timelines.
Taxpayers will not be permitted to file their GST returns after a period of three years from the due date, as outlined in Section 37 (Outward Supply), Section 39 (Payment of Liability), Section 44 (Annual Return), and Section 52 (Tax Collected at Source). These sections encompass GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8, and GSTR-9.
The changes will be implemented in the GST portal starting early next year (2025). Therefore, taxpayers are advised to reconcile their records and file any outstanding GST returns as soon as possible.
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