No further extension for filing GSTR-1, Finance Ministry notifies
Updated: Oct 10, 2017 07:58:15am
No further extension for filing GSTR-1, Finance Ministry notifies
New Delhi, Oct 10 (KNN) Pushing the taxpayers to file the GSTR-1 in time, the finance ministry notified that taxpayers who have not yet filed their GSTR-1 for July are advised to do so immediately and there will be no further extension of the date.
According to the statement by the Ministry, once a taxpayer files GSTR-1 ,the corresponding entries in the GSTR-2A of his buyer will get auto-populated. The ITC (input tax credit) shall be availed by the buyer based on his GSTR-2.
The Ministry further said that all the suppliers of goods or services, are advised to furnish their outward supply details in GSTR-1 by the due date so that no difficulty is faced by their buyers in availing ITC. (With PIB inputs) (KNN/AG)