GST Network on Saturday said beginning the July tax period, GST taxpayers will not be able to file monthly and annual GST returns after three years of the original filing due date.The July 2025 tax period means taxpayers will file monthly returns in August this year. In an advisory, the Goods and Services Tax Network (GSTN) said taxpayers will not be able to file GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8 and GSTR-9 on expiry of three years from the filing due date
. The amendments to Goods and Services Tax (GST) law with regard to time barring were effected through the Finance Act, 2023. Thus, GST outward supply returns, besides returns related to payment of the liability, annual returns, and tax collected at source, will become time-barred.
Also Read: Madras HC bars TN Housing Board from seeking extra GST from home buyers”The returns will be barred for filing after the expiry of three years. The said restriction will be implemented on the GST portal from the July 2025 Tax period,” the GSTN advisory said. It advised taxpayers to reconcile their records and file their GST returns as soon as possible if not been filed till now.Earlier in October, the GST Network (GSTN) alerted taxpayers that the said provision of tax barring would be implemented in early 2025.AMRG & Associates Senior Partner Rajat Mohan said that while this step enhances system discipline and curtails prolonged non-compliance, it may severely impact taxpayers who, due to litigation, system issues, or genuine oversight, have pending filings.Also Read: FinMin flags concern on complaints of alleged pan-India GST Data Leak”The absence of a redressal mechanism for exceptional cases could lead to permanent denial of Input Tax Credit and financial setbacks,” Mohan said.
