GST return time bar: No filing after 3 years of due date, taxpayers advised to file pending return
GST return: Starting in early 2025, GST taxpayers will no longer be able to file monthly and annual GST returns three years after the original filing due date. According to an advisory from the Goods and Services Tax Network (GSTN), GST outward supply returns, returns related to payment of liability, annual returns, and tax collected at source will be considered time-barred three years after the due date of submission.
The new changes will be implemented on the GST portal in early 2025. Therefore, taxpayers are urged to review their records and submit any outstanding GST returns promptly to avoid any issues, an advisory by GSTN stated.
"The said changes are going to be implemented in the GST portal from early next year (2025). Hence, the taxpayers are advised to reconcile their records and file their GST returns as soon as possible if not filed till now," GSTN said.
