GST return filing deadline may be extended by CBIC as GSTN reports portal is experiencing technical difficulties
Jan 10, 2025
Synopsis
Goods and service tax: The Central Board of Indirect Taxes and Customs (CBIC) may consider to extend the GST return filing deadline as GSTN reports the portal is experiencing technical issues and is under maintenance. The deadline to file GSTR-1 is January 11, 2025 for the december tax period. If a supplier has not filed GSTR-1 then buyers can't claim input tax credit (ITC).
GST return filing deadline may be extended by CBIC as GSTN reports portal is experiencing technical difficultiesGetty ImagesGSTR-1 deadline is January 11, 2025 for December 2024 tax period. However, GSTN reports portal is experiencing technical difficulties hence CBIC may consider deadline extension.
The Goods and Services Tax Network (GSTN) on X (Twitter) has acknowledged that the GST portal is experiencing technical issues and is hence under maintenance. GSTN expects the portal to be operational by 12 PM on January 10, 2025 however, an incident report is being sent to CBIC to consider an extension in filing date. The Central Board of Indirect Taxes and Customs (CBIC) is yet to come out with any notification in this regard. However, several chartered accountants on social media and with whom we spoke voiced their concerns about being unable to file GSTR-1 return, the deadline for which is January 11, 2025 for the December 2024 tax period.
GSTN said on X: “The GST portal is currently experiencing technical issues and is under maintenance. We expect the portal to be operational by 12:00 noon. CBIC is being sent an incident report to consider extension in filing date. Thank you for your understanding and patience!”
What is the issue with GSTR-1 return filing
Chartered Accountant Himank Singla, partner, SBHS & Associates explains that since the past two days he has:
Not able to download DRC-01 SCNs
Not able to file GSTR-1 as summary is not being generated
Not able to download old data
Not able to open RFD-01 Form
Not able to reply to SCNs
Not able to open Core Field
Singla says, the GST Portal has been facing significant technical issues over the past two days and have caused widespread frustration among businesses and tax professionals as the deadline for filing approaches.
Singla says: “This is not the first time the GST portal has encountered such issues. Recurring technical glitches have led to calls for a more robust and reliable system to handle the high volume of transactions and filings, especially during peak periods.
Many tax professionals have also highlighted the need for contingency measures to prevent such disruptions from affecting compliance. “The CBIC is expected to issue a formal statement soon regarding any possible extension and measures to mitigate the impact of the glitch. In the meantime, taxpayers have expressed concerns over potential penalties and late fees due to the delay in filing,” says Singla.
Who needs to file a GSTR-1 return?
According to the GST website, “Form GSTR-1 is a monthly/quarterly Statement of Outward Supplies to be furnished by all normal and casual registered taxpayers making outward supplies of goods and services or both and contains details of outward supplies of goods and services.
Every registered taxable person, other than an input service distributor/ composition taxpayer/ persons liable to deduct tax u/s 51 / persons liable to collect tax u/s 52 is required to file Form GSTR-1, the details of outward supplies of goods and/or services during a tax period, electronically on the GST Portal.”
Who can opt for quarterly GSTR-1 filing?
According to the GST portal, “You can opt for Quarterly filing of Form GSTR-1 under following condition:
If your turnover during the preceding financial year was up to Rs 5 crore or
If you are registered during the current financial year and expect your aggregate turnover to be up to Rs 5 crore.
Note: In case you have chosen Opt-in for Quarterly Return option, you need to file both Form GSTR-1 and Form GSTR-3B quarterly only.”
[The Economic Times]
