You can now file GSTR-3B form till October 25
What's the story
The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for filing the GSTR-3B tax payment form by five days, till October 25. The extension applies to both monthly filers for September and quarterly filers for the July-September period. The announcement was made via a notification and a post on X.
Filing details
What is GSTR-3B?
GSTR-3B is a monthly/quarterly summary return form that registered taxpayers file to report their Goods and Services Tax (GST) liabilities. The filing usually takes place in a staggered manner between the 20th and 24th of every month, depending on the category of taxpayer. The extension comes as a relief for businesses struggling to meet their tax obligations amid the Diwali festivities.
Festival impact
Tax professionals urged CBIC for extension
The original deadline of October 20 was clashing with Diwali, one of India's biggest festivals. Tax professionals had flagged the tight timeline, urging the CBIC to offer relief. This isn't the first time that festival dates have led to filing extensions. In previous years too, similar last-minute notifications have been issued considering taxpayer concerns around major holidays.