Centre extends submitting GST purchase returns to November 30, GST-3 to Dec 11
The government on Monday extended the due date by a month for filing of July GSTR-2 to November 30 and GSTR-3 to December 11.
GSTR-2 or purchase returns have to be matched with GSTR-1 which is the sales return. The original due date for filing GSTR-2 was October 31, while the last date for filing of GSTR-3, which is a matching form of GSTR-1 and 2, was November 11.
The last date for filing of GSTR-1 for July was October 1. Over 46.54 lakh businesses had filed July GSTR-1 returns.
The extension will facilitate about 30.81 lakh taxpayers for filing GSTR-2 for the month of July, 2017, the finance ministry said in a statement.
“The competent authority has approved the extension of filing of GSTR-2 for July, 2017 to November, 2017, for facilitation of businesses and all taxpayers,” it said.
Businesses have been complaining of problems in matching invoices, while filing GSTR-2 on the GST Network portal. This is the first month of filing GSTR-2.
The extension of last date for filing will act as a breather for them as well as GSTN which can further streamline the utilities on the portal.
The Group of Minister under Bihar Deputy Chief Minister Sushil Kumar Modi had last week …read more
