Monday, 30 October 2017

Deadline to file GSTR-2, GSTR-3 for July extended-The Total Investment & Insurance Solutions

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30 October  2017
 
GST (The Total Investment & Insurance Solutions)
In a move to give relief to GST taxpayers, the government on Monday extended the deadline to file returns GSTR-2 and GSTR-3 for July to November 30 and December 11 respectively.

Form GSTR-2 reflects purchases made by a business whereas GSTR-3 is a combination of sales and purchases. 

The deadline to file GSTR-2 was Tuesday whereas the last date for filing GSTR-3 was November 10.

"To 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. 

"A notification in this regard will be issued to facilitate about 30.81 lakh taxpayers for filing GSTR-2 for July," the Finance Ministry tweeted.

The decision comes after the Group of Ministers headed by Bihar Deputy Chief Minister Sushil Kumar Modi met on October 28 in Bengaluru to review the issues faced under the Goods and Services Tax filings. 


GST expert Pritam Mahure told IANS: "This extension was necessitated as many technical glitches were cropping up during GSTR-2 filing. In days to come, the government should have well thought out strategy to address GST compliance issues."\The Total Investment & Insurance Solutions

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