GSTN issued Advisory on Mandatory Sequential Filing of GSTR-7 Returns:

The Goods and Services Tax Network (GSTN) has issued an advisory on the Mandatory Sequential Filing of GSTR-7 Returns.

Mandatory Sequential Filing of GSTR-7 Returns

Reetu

Dec 7, 2024

Last update on Dec 7, 2024

GSTN issued Advisory on Mandatory Sequential Filing of GSTR-7 Returns The Goods and Services Tax Network (GSTN) has issued an advisory on the Mandatory Sequential Filing of GSTR-7 Returns. Multiple tickets have been received regarding the sequential filing of returns in Form GSTR-7. Taxpayers are referencing FAQs for the same, wherein “it is not mandatory” is mentioned. To clarify, It is to inform that following changes have been introduced in the return filing process for GSTR-7 with effect from 01.11.2024 onwards.

Sequential Filing of GSTR-7

According to Notification No. 17/2024-Central Tax, dated September 27, 2024, and effective November 1, 2024, GSTR-7 filing has been done sequentially beginning with the October tax period. Thus, GSTR-7 returns must be filed in chronological order, beginning with the October 2024 return period. It is important to note that if no deductions are made for a given month, deductors must fill out a NiL return. For any further assistance, taxpayers may contact the GSTN helpdesk.

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Reetu

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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.