GST new rule! Non-filers of GST returns to be barred from filing GSTR-1 from Sept 1
Zee News
Businesses have to file GSTR-1 by the 11th day of the subsequent month while they can file GSTR-3B in a staggered manner between the 20th-24th day of the succeeding month.
New Delhi: Goods and Service Tax Network (GSTN), which manages the entire IT system of the GST portal, has announced that businesses that have not filed GSTR-3B returns form for the past two months will not be allowed to file details of outward supplies in GSTR-1 from September 1, 2021. Businesses have to file GSTR-1 by the 11th day of the subsequent month while they can file GSTR-3B in a staggered manner between the 20th-24th day of the succeeding month. Notably, with the GSTR-3B form, businesses pay their monthly taxes. GSTN said in its advisory that Rule-59(6) of Central GST Rules which provides for restriction in the filing of GSTR-1, will come into effect from September 1, 2021. The new rule implements that a “registered person shall not be allowed to furnish the details of outward supplies of goods or services or both in Form GSTR-1 if he or she has not furnished the return in Form GSTR-3B for the preceding two months.”More Related News