Due Date for GSTR-1 and GSTR-3B Filing
Due Date for GSTR-1 and GSTR-3B Filing The Goods and Services Tax Network (GSTN) has announced a crucial extension for taxpayers regarding the filing of GSTR-1 and GSTR-3B returns. This decision, issued through Notification No. 01/2025 – (CT) and Notification No. 02/2025 – (CT), both dated January 10, 2025, provides a two-day extension to the existing due dates. Here’s what you need to know.
What Are GSTR-1 and GSTR-3B?
Before diving into the details of the extension, let’s briefly understand these forms:
- GSTR-1: This return is a monthly or quarterly statement of outward supplies. It captures the details of sales made by a business and allows the buyers to claim input tax credit (ITC).
- GSTR-3B: This is a summary return that declares tax liabilities, ITC claims, and net tax payable for a specific tax period. It is mandatory for all regular GST-registered taxpayers.
Both these forms are critical for compliance under the GST regime.
Key Details of the Extension
The extension provides taxpayers with an additional two days to file their GSTR-1 and GSTR-3B returns for the prescribed period. Due Date for GSTR-1 and GSTR-3B Filing This extension comes as a relief to businesses that may have faced challenges in meeting the original deadlines.
Notifications Issued by CBIC
The Central Board of Indirect Taxes and Customs (CBIC) formalized this extension through the following notifications:
- Notification No. 01/2025 – (CT): Pertaining to GSTR-1 due date extension.
- Notification No. 02/2025 – (CT): Pertaining to GSTR-3B due date extension.
Both notifications were issued on January 10, 2025, and are available on the official CBIC website.
Revised Due Dates for GSTR-1 and GSTR-3B
Here’s how the deadlines change:
| Return Type | Original Due Date | Extended Due Date |
| GSTR-1 | January 11, 2025 | January 13, 2025 |
| GSTR-3B | January 20, 2025 | January 22, 2025 |
Implications for Taxpayers
The extension provides additional time for businesses to ensure accurate filings. It is particularly beneficial for taxpayers who:
- Encountered delays in finalizing their accounts or reconciliations.
- Faced technical issues while accessing the GST portal.
- Required more time to compile and verify outward and inward supply details.
However, it’s important to note that this extension applies only to the specific period mentioned in the notifications. Due Date for GSTR-1 and GSTR-3B Filing Taxpayers must adhere to the revised deadlines to avoid penalties and interest.
How to Take Advantage of the Extension
- Review Notifications: Visit the official CBIC website to access the full text of Notification No. 01/2025 and 02/2025 for detailed provisions.
- Plan Filing Accordingly: Utilize the additional time to thoroughly review data for accuracy and completeness before submission.
- Avoid Portal Congestion: File your returns early to avoid last-minute rush and technical glitches on the GST portal.
Penalties for Late Filing
While the extension offers relief, missing the revised deadlines can attract significant penalties:
- Late Fees: Rs. 50 per day (Rs. 20 per day for NIL returns).
- Interest: 18% per annum on the outstanding tax liability.
Filing within the extended timeline is crucial to avoid these costs.
Conclusion
The two-day extension for GSTR-1 and GSTR-3B filing is a welcome step by the GSTN to support taxpayers. Businesses should take this opportunity to ensure accurate compliance while leveraging the additional time provided.
Stay updated with the latest GST developments and ensure your filings are timely. Due Date for GSTR-1 and GSTR-3B Filing For further assistance, consult with a tax expert or reach out to GST support channels.
Disclaimer: This blog is for informational purposes only and does not constitute legal or financial advice. Always refer to official notifications and consult with professionals for compliance-related decisions.
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