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Good news for GST assessees as Council gives more time to file returns

Dates for filing various other returns, including those for claiming input tax credits, have also been extended

Photo: Shutterstock
Photo: Shutterstock

Criticised for the increase in compliance burdens on assessees under the goods and services tax (GST), the Council on Friday extended the dates for filing of returns. It also deffered sending of the input and detailed input-output returns, till a committee headed by the GST Network (GSTN) chairman simplifies these.  Also, filing  of summary input-output returns, the GSTR-3B, stands extended to the entire current financial year; it was till December (and, initially, was limited till September). The GST regime started on July 1.   “All taxpayers would file ...