The Government on Monday said the date of filing GSTR 1 has been extended to September 10 against the earlier deadline of tomorrow.
Subsequently, filling of GSTR 2 and GSTR 3 has been extended to September 25 and 30 respectively.
The filing of GSTR 1 for August has been extended to October 5, GSTR 2 till October 10 and GSTR 3 till October 15.
By late afternoon, the GSTN portal had crashed under heavy load and users got an error message asking them to try again later.
Form GSTR-1 is a statement in which a regular dealer needs to capture all the outward supplies made during the month. Broadly, all the outward supplies made to registered businesses (B2B) are required to be captured at invoice level, and supplies made to unregistered business or end consumers are required to be captured at rate-wise. This would often mean several thousand invoices would need to be uploaded by a mid sized firm and therein lies the challenge.
GSTR-1 format contains 13 tables in which the outward supplies details needs to be captured. However, the companies ET.com spoke to there are additional details the site asks for and this is proving to be another time consuming area.
"With the extension in deadline for submitting GSTR-1 for the month of July by five days, taxpayers will have more time to upload their data and submit return. However, given the issues being faced by taxpayers, more extension may be required than just five days," says ClearTax,Founder & CEO, Archit Gupta.
Read more:http://economictimes.indiatimes.com/small-biz/policy-trends/government-extends-gstr-1-filing-date-to-september-10/articleshow/60365236.cms
Source:https://goo.gl/8BrmrW
Important links: GST Consultant is Delhi
GST Registration in Delhi
Tax consultant in India
Ruchi Anand & Associates is GST Consultant in Delhi. Always ready to help you out regarding all your queries(Click here): Contact Us
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Subsequently, filling of GSTR 2 and GSTR 3 has been extended to September 25 and 30 respectively.
The filing of GSTR 1 for August has been extended to October 5, GSTR 2 till October 10 and GSTR 3 till October 15.
By late afternoon, the GSTN portal had crashed under heavy load and users got an error message asking them to try again later.
Form GSTR-1 is a statement in which a regular dealer needs to capture all the outward supplies made during the month. Broadly, all the outward supplies made to registered businesses (B2B) are required to be captured at invoice level, and supplies made to unregistered business or end consumers are required to be captured at rate-wise. This would often mean several thousand invoices would need to be uploaded by a mid sized firm and therein lies the challenge.
GSTR-1 format contains 13 tables in which the outward supplies details needs to be captured. However, the companies ET.com spoke to there are additional details the site asks for and this is proving to be another time consuming area.
"With the extension in deadline for submitting GSTR-1 for the month of July by five days, taxpayers will have more time to upload their data and submit return. However, given the issues being faced by taxpayers, more extension may be required than just five days," says ClearTax,Founder & CEO, Archit Gupta.
Read more:http://economictimes.indiatimes.com/small-biz/policy-trends/government-extends-gstr-1-filing-date-to-september-10/articleshow/60365236.cms
Source:https://goo.gl/8BrmrW
Important links: GST Consultant is Delhi
GST Registration in Delhi
Tax consultant in India
Ruchi Anand & Associates is GST Consultant in Delhi. Always ready to help you out regarding all your queries(Click here): Contact Us
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