Quick Summary
In a series of notifications issued on January 10, 2025, the Central Board of Indirect Taxes and Customs (CBIC) announced extensions for various Goods and Services Tax (GST) compliance deadlines for the month of December 2024. These extensions aim to provide relief to taxpayers and ensure smooth compliance with GST regulations.
Key highlights include
- Extension for Non-Resident Taxable Persons: The deadline for furnishing GSTR-5, the return for non-resident taxable persons, has been extended to January 15, 2025, as per Notification No. 03/2025 - Central Tax.
- Extension for Input Service Distributors: Input Service Distributors (ISDs) can now file GSTR-6 for December 2024 until January 15, 2025, according to Notification No. 04/2025 - Central Tax.
- Extension for TDS Deductions: Registered persons required to deduct tax at source under Section 51 can submit GSTR-7 by January 12, 2025. This change is outlined in Notification No. 05/2025 - Central Tax.
- Extension for E-Commerce Operators: E-commerce operators filing GSTR-8, which details outward supplies and tax collection, can now submit their returns by January 12, 2025, as per Notification No. 06/2025 - Central Tax.
These extensions were made under Section 39 and Section 52 of the Central Goods and Services Tax Act, 2017, based on the recommendations of the GST Council.
The CBIC's proactive measures are expected to ease compliance burdens and ensure efficient tax administration. Taxpayers are advised to utilize the extended timelines to fulfill their obligations without penalties.
Official copies of the notifications have been attached below
FAQ :
The deadlines for GSTR-5, GSTR-6, GSTR-7, and GSTR-8 for December 2024 have been extended.
The deadline for furnishing GSTR-5 for non-resident taxable persons for December 2024 has been extended to January 15, 2025.
Input Service Distributors can now file their GSTR-6 for December 2024 until January 15, 2025.
Registered persons required to deduct tax at source can submit their GSTR-7 by January 12, 2025.
E-commerce operators filing GSTR-8 can now submit their returns by January 12, 2025.
The extensions were announced by the Central Board of Indirect Taxes and Customs (CBIC) through a series of notifications issued on January 10, 2025.
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