The Central Board of Indirect Taxes and Customs ( CBIC ) reminded all the GST Taxpayers who are required to deduct Tax at Source (TDS) under GST that only 3 Days left to File GSTR-7 Return for the month of January, 2021.
The due date for filings GSTR-7 Return for the month of January 2021 is 10th February 2021.
The GSTR 7 is a return form under GST for all the taxpayers who account all the tax deducted at source. The GSTR 7 due date is 10th of every next month in a particular tax period.
The TDS is deducted at the source of income and is deposited to the government and note that the TDS will not be deducted in case the supplier location and place of supply is other than the registration place of the recipient. It is noteworthy that the CBIC, while reminding all the Taxpayers who are required to deduct Tax at Source (TDS) under GST warned that late filing of GSTR-7 would attract late fee and interest.
