In a move aimed at easing compliance for taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has issued two new notifications on January 10, 2025, extending the deadlines for filing key GST returns for the tax period ending December 2024.
Key Updates as per Notification No. 02/2025-Central Tax
The due date for filing GSTR-3B has been extended for the following registered taxpayers:
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Taxpayers in Certain States
- States Covered: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, and others.
- Extended Due Date: January 24, 2025.
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Taxpayers in Remaining States
- States Covered: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Bihar, West Bengal, Assam, Odisha, and others.
- Extended Due Date: January 26, 2025.
This staggered deadline ensures smoother filing processes and reduced congestion on the GST portal.
Key Updates as per Notification No. 01/2025-Central Tax
CBIC has also amended the deadlines for furnishing GSTR-1, which deals with the details of outward supplies. The new deadlines are as follows:
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For Regular Taxpayers (Under Section 37(1)):
- Tax Period: December 2024.
- Extended Due Date: January 13, 2025.
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For Quarterly Taxpayers (Under Proviso to Section 37(1)):
- Tax Period: October to December 2024.
- Extended Due Date: January 15, 2025.
This extension provides relief to businesses, allowing them more time to report their outward supplies and avoid penalties.
Conclusion
These extensions come at a time when businesses across India face increased compliance burdens, particularly during year-end processes. By extending the GSTR-1 and GSTR-3B deadlines, the CBIC aims to reduce filing stress and ensure smoother compliance under the Goods and Services Tax regime.
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