Taxpayers fret over GST deadline relief
The Hindu
Contrary filing timelines vex MSMEs
The relaxation in GST compliance timelines has left taxpayers puzzled as no extension has been granted beyond the May 20 due date for filing the GSTR-3B and remitting taxes, while the date for filing GSTR-1 required to claim input tax credits has been extended to May 26. Tax advisors said small and medium enterprises were likely to feel the pinch from this move since they may not be able to claim their complete input tax credits and could end up paying more tax.
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