The finance ministry has said there is no the due date extended for filing GST final returns and the Due date remains unchanged on 10 January.
New Delhi: The finance ministry on Wednesday said that there is the due date remains January 10 for filing GST final returns and the deadline ended last midnight.
The fake clarification news comes after social media notification which stated that the due date extended for filing GSTR-1 has been increased.
“The last date for filing of return in FORM GSTR-1, for different classes of taxpayers for the relevant periods remains 10 January 2018. There has been no the due date extended for filing return in FORM GSTR-1,” a finance ministry statement said.
yesterday CAIT had demanded an extension of the deadline for submitting final sales returns over the GST Portal until month end because of Lots of issues found on GST portal by the Taxpayers.
Businesses whose turnover of up to Rupees 1.5 crore have to file GSTR-1 for July-September ended Last Night. The same deadline applies for those with a turnover of above than Rs1.5 crore for the filing of GSTR-1 for the months of July until November.
The GST Council had in November last year permission businesses with a turnover of up to Rupees 1.5 crore have to file final returns GSTR-1 on the quarterly basis.
GSTN, who is a non-profiting body is providing the technology backbone for the implementation of the newly applied GST System (Indirect Tax System which is implemented in the place of VAT).
GST, which merged over more than dozen local taxes, and convert India into a single business market was applied from July 1, 2017.