GSTR 1 due date extended up to 31st October!
To make it
easier for all the taxpayers, CBIC has come up with the extension. TheGSTR
1 Due Date extendedup to 31st October.
The due
dates for filing the GSTR 1 has been extended by the CBIC. Keeping Covid-19 in
view, the CBIC has taken this decision. This acts as a relief to all the
taxpayers. Covid-19 restrictions on the movement people have created an
impeccable impact on the lives of the people. Similarly, taxpayers are also
affected by restrictions.
So, this
means the taxpayers who have not yet filed their GSTR 1 form can file it online
now. All the taxpayers who will file it on time will not have to pay penalties.
You can also find out the latest notifications about the due date extensions in
the GST portal. On visiting the portal, you can notice a circular released by
CBIC that states about the extensions of the GSTR 1 form.
The world
of GST has been undergoing some of the tremendous changes in this pandemic.
Covid-19 has not affected the health of the nation, but also affected the
economy. So, if you are still to file your GSTR 1 form, file it now!
Disclaimer:
Important: Please note that the information on this page / site is provided as general information for better understanding for the user and does not constitute tax, legal, or other professional advice and must not be used as such. Please consult your professional adviser(s) if you have any questions / doubts regarding the above.
