Deadline to file GST returns extended till August 25

Deadline to file GST returns extended till August 25

With several firms reporting technical glitches on the Goods and Services Tax (GST) returns filing website on Saturday ahead of the impending Sunday deadline, the government has extended the last date for filing the first tax returns under the GST regime to August 25.

The cut-off for filing maiden GST returns for July was scheduled to end on August 20.

Senior Office-bearers of Mahakoshal Chamber of Commerce and Industries (MCCI) have penned a letter to Finance Minister Arun Jaitley and demanded him to extend the date of filing GSTR-3B returns to August 28 as taxpayers have been facing difficulties in filing returns due to slow or no processing of GSTN server. "And for those who want to fill up Trans 1, the last date is August 28, as announced earlier", said the ministry. Some technical glitches are also experienced by last minute return filers.

"There have been requests from states which are hit by floods to extend the last date for filing of GST returns".

"Thus, Jaitley has requested other states also to explore the possibility of having a lower rate of Value-Added Tax on petroleum products used for manufacturing of those items on which there is GST, so that there is minimum disruption in the costing of goods", it said. Tax practioners and traders represented to the government seeking extension of the filing date.

If media reports to be believed, the official website stopped working since noon 12 pm today. It created a lot of confusion among traders. He said that due to this disturbance, he could not file returns. "This situation is putting taxpayers in distress", Pune-based chartered accountant Pritam Mahure told IANS.