Janvi | Jun 7, 2025 |
GST Return Filing Process Revised: Know 2 Major Changes
The Goods and Services Tax Network (GSTN) has made a big change to how tax returns are filed. From July 2025, taxpayers won’t be able to file their monthly and yearly GST returns if they are more than three years late from when they were supposed to file them.
This new rule comes from the Finance Act, 2023, and will affect different types of GST returns like GSTR-1 and GSTR-3B.
GSTN has told all taxpayers to check their records and file any missing returns quickly. The warning says that after three years from when the return was due, people won’t be able to file GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8, and GSTR-9.
The rule stops people from delaying too long
Denial of Input Tax Credit (ITC):
Non-Filing of GST Return will ultimately lead to cancellation of GST Number and denial of ITC to customers, as the GST number is canceled by the department on a retrospective basis in these cases.
The second Change that has been brought by the GSTN is that now the auto-filled liability in GSTR-3B cannot be edited by the taxpayer from July 2025. If you find any errors or want to make changes in GSTR-1, then you have to do the same through GSTR-1A.
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