Shocking GST Return Deadlines for GSTR-1, GSTR-3B!

By:- B.T Team Image Credit:- Google

CBIC Flexibility

CBIC often extends deadlines for GSTR-1 and GSTR-3B filings to ease taxpayer stress during technical glitches.

2. Auto-Populated Data Accuracy

[{"selector":"#anim-3e8ffb97-f10e-44b7-83e3-d2576e03c1f2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(35.60350086207016%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Data in GSTR-2A and GSTR-2B is auto-populated, but always cross-check as errors can result in mismatched ITC claims.

Penalty Relief for Errors

[{"selector":"#anim-faac6a29-8777-46f9-a183-963a6b6a1b1a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.48975242119217%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Mistakes in GST returns may attract penalties, but voluntary corrections before scrutiny often avoid fines.

GST Portal Updates

[{"selector":"#anim-1eac8612-eea6-48c3-9c67-b206710d60ea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The GST portal frequently undergoes updates to simplify filing, yet technical issues remain common.

Input Tax Credit (ITC) Blocking

[{"selector":"#anim-70ca39f9-37f0-4ad3-9c36-83d2916166cc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.16498933596127%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] ITC claims may be blocked if suppliers don’t file returns on time—affecting your GST refunds.

Special Provisions for MSMEs

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Late Fee Waiver Policies

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Dynamic Due Dates

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Negative Liability Adjustment

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E-Invoicing Thresholds

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Shocking GST Return Deadlines for GSTR-1, GSTR-3B!

CBIC Flexibility

2. Auto-Populated Data Accuracy

Penalty Relief for Errors

GST Portal Updates

Input Tax Credit (ITC) Blocking

Special Provisions for MSMEs

Late Fee Waiver Policies

During technical downtimes, the CBIC occasionally waives late fees for delayed GST returns.

Dynamic Due Dates

GST deadlines differ by state and taxpayer type, making it crucial to track your applicable timeline.

Negative Liability Adjustment

GST filings allow for negative liability adjustments, helping offset excess taxes paid in previous periods.

E-Invoicing Thresholds

The mandatory e-invoicing threshold is revised periodically, now applicable to businesses with turnovers above ₹5 crore.

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