Thursday, October 08
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
