GSTN Advisory on Barring of GST Return on Expiry of 3 Years

The Goods and Services Tax Network (GSTN) has issued an Advisory on Barring of GST Returns on Expiry of Three Years.

As per the Finance Act,2023 (8 of 2023), dt. 31-03-2023, implemented w.e.f 01-10-2023 vide Notification No. 28/2023 – Central Tax dated 31st July 2023, the taxpayers shall not be allowed to file their GST returns after the expiry of a period of three years from the due date of furnishing the said return under Section 37 ( Outward Supply), Section 39 (payment of liability), Section 44 ( Annual Return) and Section 52 (Tax Collected at Source). These Sections cover GSTR-1, GSTR 3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR 7, GSTR 8 and GSTR 9.

The changes will be applied in the GST portal starting early next year (2025). As a result, taxpayers are encouraged to reconcile their records and file their GST returns as soon as possible, if they have not already done so.