GSTN announces 10 days extension for filling final sales return GSTR-1

New Delhi, Dec 30 (KNN) Eyeing at better filing trend in the current period, the government announced extending ten days for filing of final sales return.

The notification informed that the last date for filing of final sales return GSTR-1 has been extended till 10th of January 10

Businesses with turnover of up to Rs. 1.5 crore will have to file GSTR-1 for July-September by January 10, 2018, as against December 31, 2017 earlier.

For businesses with turnover of more than Rs. 1.5 crore, GSTR-1 has to be filed for the period July-November by January 10. Earlier these businesses were required to file GSTR-1 return for July-October by December 31 and that for November by January 10.

The notification further informed that for the month of December, GSTR-1 is to be filed by February 10 and for subsequent months, it would be 10th day of the succeeding month.

The new extension is being seen as a  relief to businesses who have been struggling with system and data issues in filing the returns. (With GSTN inputs) (KNN/DA)