In an important announcement by the Central Board of Indirect Taxes and Customs (CBIC) about filing of GST Returns. From this month, 11th and 13th of every month are the dates to remember for filing returns by different category of GST taxpayers.
The Central Government has amended Section 37 and Section 39 of Central Goods and Service Tax Act (CGST), 2017 vide Notification No. 18/2022–Central Tax dated 28th September, 2022 with effect from 01 October, 2022.
According to section 37(4) of CGST, Act, a taxpayers shall not be allowed to file GSTR-1 if previous GSTR-1 is not filed and as per sec 39(10) a taxpayer shall not be allowed to file GSTR-3B if GSTR-1 for the same tax period is not filed.
Section 37(4) of Central Goods and Service Tax Act, 2017, a registered person shall not be allowed to furnish the details of outward supplies under sub-section (1) for a tax period, if the details of outward supplies for any of the previous tax periods has not been furnished by him.
As per Section 39(10), registered person shall not be allowed to furnish a return for a tax period if the return for any of the previous tax periods or the details of outward supplies under sub-section (1) of section 37 for the said tax period has not been furnished by him.
“Attention GST Taxpayers, Following important changes have been made in Return Filing Process, Taxpayers need to file previous tax periods GSTR-1 before filing current period GSTR-1. GSTR-1 for the current period need to be filed before filing GSTR-3B for the said tax period,” the CBIC said.
QRMP taxpayers, have to file quarterly FORM GSTR-1 by the 13th of the month following the relevant quarter.
“Late filing of GSTR-1 will attract late fee,” the CBIC added.
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