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Taxpayers Told to File Final July GSTR by Today

Taxpayers Told to File Final July GSTR by Today
The government on Monday asked businesses to file final GST returns for the month of July by Tuesday as it ruled out any extension to the due date. “An extension of two months has already been given. There will be no further extension given to taxpayers for filing their GSTR-1 return for July. “Taxpayers who have not yet filed their GSTR-1 for July are advised to do so immediately,“ the finance ministry said in a statement. Once a taxpayer files GSTR-1by October 10, the corresponding entries in GSTR-2A of his buyer shall get auto populated. The buyer shall finalise his GSTR-2 after making modifications, if required, in GSTR-2A and avail the Input Tax Credit (ITC).
The Economic Times, New Delhi,10th October 2017

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