GST Return Filing

The government on Sunday extended the due date for filing the monthly GSTR-3B tax payment form by 5 days till October 25. The Central Board of Indirect Taxes and Customs (CBIC), in a notification, said the GSTR-3B filers for September and the July-September quarter can pay taxes by October 25. "@cbic_india extends the GSTR-3B filing deadline," the CBIC said in a post on X. GSTR-3B is a monthly and quarterly summary return that registered taxpayers file in a staggered manner between the 20th, 22nd and 24th of every month for different categories of taxpayers. The extension was on expected lines, with October 20 being the Diwali festival.

GST Network on Saturday said beginning the July tax period, GST taxpayers will not be able to file monthly and annual GST returns after three years of the original filing due date. The July 2025 tax period means taxpayers will file monthly returns in August this year. In an advisory, the Goods and Services Tax Network (GSTN) said taxpayers will not be able to file GSTR-1, GSTR 3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR 7, GSTR 8 and GSTR 9 on expiry of three years from the filing due date. The amendments to Goods and Services Tax (GST) law with regard to time barring were effected through the Finance Act, 2023. Thus, GST outward supply returns, besides returns related to payment of the liability, annual returns and tax collected at source will become time-barred. "The returns will be barred for filing after expiry of three years. The said restriction will be implemented on the GST portal from the July 2025 Tax period," the GSTN advisory said. It advised taxpayers to reconcile their

Central and state GST officers have detected 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth Rs 61,545 crore during 2024-25, officials said. During the 2024-25 fiscal ending March 2025, Central and state GST officers recovered Rs 1,924 crore by way of blocking ITC and arrested 168 persons. As per data on ITC frauds unearthed by Central and State GST officers, over the two years 2023-24 and 2024-25, 42,140 fake firms were detected, which were involved in fraudulently generating ITC of over Rs 1.01 lakh crore. Rs 3,107 crore was recovered by way of blocking of ITC, and 316 arrests have been made. "The Central and State Governments and GSTN have taken various steps to prevent fake ITC claims, including providing intelligence inputs, detecting fraudulent registration, and suspicious e-way bill activity," an official told PTI. Under the Goods and Services Tax (GST) regime, ITC refers to the taxes paid by businesses on purchases from suppliers. This tax ca

The GST Council in its meeting next month is likely to consider CBIC's proposal to introduce additional validations in the GST return filing system to check evasion and fake input tax credit (ITC) claims, a senior official said. In a special drive since November 2020, central agencies have detected fake ITC claims worth Rs 62,000 crore and arrested 776 persons, including professionals. The move to introduce certain validations in the return filing system is aimed at checking frauds and revenue loss. The Central Board of Indirect Taxes and Customs (CBIC) last week introduced validation and risk rating for GST registrations, as it looks to curb fake entities issuing fake bills just to claim ITC benefit and defraud the exchequer. The official said the strategy to go in for additional validation both at the time of registration and filing of return is aimed at eliminating tax evasion. "We are planning to introduce validations in returns filing system in a way such that the process does

The consolidated form, being readied by the Central Board of Indirect Taxes and Customs, will allow the GST-payers to view all of their transactions as well as e-invoices

With taxpayers facing slow functioning of the GSTN portal, CBIC on Thursday said it is examining the proposal of extending the deadline for filing GST returns for September. GSTR-3B is filed in a staggered manner between the 20th, 22nd, and 24th of each month by taxpayers in different states. Thursday being the last day for filing returns for some category of taxpayers, many reported slowness in the portal while filing their monthly GSTR 3B returns. In a tweet, the Central Board of Indirect Taxes and Customs (CBIC) said it has received "an Incident Report" from GSTN regarding slowness in the system along with a proposal for extending the due date. "We continue to monitor the matter closely and the proposal for extension is being examined in consultation with the GST Council so that there is no burden of late fees or interest on the taxpayer," the CBIC said. The GST Network (GSTN) provides the technology backend for the Goods and Services Tax (GST). Infosys is the service provider

According to GST law, Rs 50 per day is charged as late fee for delay in filing GSTR-4. However, where the total amount of tax payable is nil, a maximum of Rs 500 can be imposed as late fee.

As some taxpayers faced difficulties in filing GST return on Monday, the tax department on Tuesday said the IT grievance redressal committee would consider giving interest and late fee waiver

The group of ministers (GoM) on Information Technology (IT) led by Bihar deputy chief minister Sushil Kumar Modi took stock of the preparedness and the timelines in a meeting held on Friday

This brings its tax treatment on a par with the Prime Minister National Relief Fund.

The Ordinance also amended the provisions of the Income Tax Act to provide the same tax treatment to PM-CARES Fund as available to the Prime Minister's National Relief Fund

These businesses had not filed their monthly GST Return (GSTR)-3B for two consecutive months

The Confederation of Indian Industry has already asked the government to defer the deadline for filing to March 31

The revenue officers have prepared a draft of the annual returns form, which will be deliberated by the GST Council chaired by Union Finance Minister and state finance ministers

Praveen Khandelwal, secretary general of the CAIT, said at least half of all taxpayers could not file their returns due to glitches in the GST portal

Last date of filing GSTR-3B for July 2017 is August 20 and for the month of August is September 20

GSTN sent reminder SMSes and emails twice to the businesses which had not filed their GSTR-1

Filing returns through the GST portal has been a tedious exercise for many

GST Council allowed businesses to file GSTR-3B, which is a self-assessment of their sale and purchases, until December

GSTR-3, which is the match of GSTR-1 and GSTR-2, will have to be filed by September 30