GST returns date extended by month

New Delhi, October 30

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The government has extended the due date by a month for filing of July GSTR-2 to November 30 and GSTR-3 to December 11, a move that will benefit 30.81 lakh taxpayers.

GSTR-2 or purchase returns have to be matched with GSTR-1, which is the sales return. The original due date for filing GSTR-2 was October 31, while the last date for filing of GSTR-3, which is a matching form of GSTR-1 and 2, was November 11. The last date for filing of GSTR-1 for July was October 1. Over 46.54 lakh businesses had filed July GSTR-1 returns.

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Businesses have been complaining of problems in matching invoices while filing GSTR-2 on the GST Network portal. This is the first month of filing GSTR-2.

The extension of the last date for filing will act as a breather for them as well as GSTN. which can further streamline the utilities on the portal. — TNS