business

Government extends GST-2,3 filing deadline by 1 month

The government on Monday once again extended the deadline for filing the goods and services tax (GST) returns for purchases and input-output transactions for July.

The last date for filing purchase return, or GSTR-2, was extended to November 30, from October 31. That of input-output transactions, or GSTR-3, was put off to December 11, from November 10.

β€œTo facilitate trade, the last date for filing GSTR-2 and GSTR-3 for July 2017 has been extended to November 30 and December 11, respectively,” a government tweet said.
β€œA notification in this regard is being issued very shortly. This will facilitate about 30.81 lakh taxpayers filing GSTR-2 for the month of July, 2017,” the Ministry said on Monday.

This is the latest in a series of steps by the government to facilitate the transition of businesses into the new indirect tax system. Last week, the Ministry decided to waive the late fee on filing returns for the months of August and September in view of the difficulties faced by taxpayers during the process of filing returns.

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