BT Online New Delhi Last Updated: August 19, 2017 | 20:27 IST
The GST Implementation Committee has extended the last date for payment of the GST for another five days. Taxayers can now pay their GST and file their returns by August 25.
The decision was taken after several tax payers and the tax practitioners have requested for few more days to file their GST Return for the month of July, based on the fact that it is the first time they will be doing so. Earlier, August 20 was assigned as the last date for payment of taxes and filing GST Return for the month of July in Form 3B.
Moreover, flood-hit states of Eastern and North-Eastern India states have also pleaded to extend the last date for filing of GST Returns. Jammu and Kashmir has also requested for extension in GST Return deadline because of late passing of their GST Ordinance. Some technical glitches are also experienced by Some taxpayers have also faced some technical glitches in the in tyhe eleventh hour of filing their GST Return.
Ministry 0f Fiannce has specified that for tax payers who do not wish to claim transitional credit in TRANS1 this month, the deadline for filing GST return will be 25th August 2017. On the other hand, taxpayers who want to fill up TRANS1 form for the month of July can file their returns by 28th August 2017, as announced earlier.
The Ministry has also urged tax payers to file their return well before the deadlines to avoid any technical glitches or last moment difficulty.