The Central Board of Indirect Taxes and Customs (CBIC) has announced significant extensions to the deadlines for filing Goods and Services Tax (GST) returns. These extensions, published under Notification Nos. 01/2025, 02/2025,03/2025, 04/2025,05/2025 & 06/2025 – Central Tax, are critical for businesses to note as they prepare for compliance obligations. Here’s a detailed overview:
Notification No. 01/2025 – Central Tax
This notification focuses on the extension of deadlines for GSTR-1 filings for outward supplies:
- The deadline for December 2024 filings has been extended to 13th January 2025.
- For taxpayers required to file under the proviso to Section 39, the deadline for the October-December 2024 quarter is now 15th January 2025.
Notification No. 02/2025 – Central Tax
This notification pertains to the extension of deadlines for filing GSTR-3B returns:
- For the month of December 2024, the revised deadline is now 22nd January 2025.
- Additional extensions are granted based on the principal place of business for October to December Quarter returns :
1. Registered persons in the following states/territories:
- Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh
- Union territories of Daman and Diu, Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep
New Due Date: 24th January 2025
2. Registered persons in the following states/territories:
- Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha
- Union territories of Jammu and Kashmir, Ladakh, Chandigarh, Delhi
New Due Date: 26th January 2025
o GSTR-5 (Non-Resident Taxable Persons): The deadline to furnish the return for December 2024 has been extended to 15th January 2025 under Section 39(5) of the CGST Act, 2017
o The deadline for Input Service Distributors to furnish their GSTR-6 return for December 2024, under Section 39(4) of the CGST Act, 2017, has been extended to 15th January 2025.
o The deadline for registered persons required to deduct tax at source to file their GSTR-7 return for December 2024, under Section 39(3) of the CGST Act, 2017, has been extended to 12th January 2025.
o The deadline for e-commerce operators to furnish their GSTR-8 statement, detailing outward supplies for December 2024, under Section 52(4) of the CGST Act, 2017, has been extended to 12th January 2025.
Implications for Businesses
These extensions provide a welcome relief for businesses navigating the complexities of year-end compliance. The staggered deadlines allow businesses in different regions to manage their filings more efficiently and ensure compliance without unnecessary pressure.
Action Points for Taxpayers
1. Update Your Compliance Calendar: Mark these revised deadlines to avoid penalties and ensure timely submissions.
2. Coordinate with Your GST Advisors: Seek professional guidance to ensure all documentation and filings are accurate and complete.
3. Leverage the Additional Time: Use the extensions to review and reconcile your financial records to ensure error-free submissions.
o GSTR-5 (Non-Resident Taxable Persons): The deadline to furnish the return for December 2024 has been extended to 15th January 2025 under Section 39(5) of the CGST Act, 2017
o The deadline for Input Service Distributors to furnish their GSTR-6 return for December 2024, under Section 39(4) of the CGST Act, 2017, has been extended to 15th January 2025.
o The deadline for registered persons required to deduct tax at source to file their GSTR-7 return for December 2024, under Section 39(3) of the CGST Act, 2017, has been extended to 12th January 2025.
o The deadline for e-commerce operators to furnish their GSTR-8 statement, detailing outward supplies for December 2024, under Section 52(4) of the CGST Act, 2017, has been extended to 12th January 2025.
Author Bio
