The last date for filing GSTR-1 for the month of July,
2017 is 10th October, 2017. An extension of
two months has already been given. There will
be no further extension given to taxpayers
for filing their GSTR-1 return for July.
Taxpayers who have not yet filed their GSTR-1
for July are advised to do so immediately.
2017 is 10th October, 2017. An extension of
two months has already been given. There will
be no further extension given to taxpayers
for filing their GSTR-1 return for July.
Taxpayers who have not yet filed their GSTR-1
for July are advised to do so immediately.
Once a taxpayer files GSTR-1 by 10th October,
the corresponding entries in GSTR-2A of
his buyer shall get auto populated.
The buyer shall finalize his GSTR-2 after
making modifications (additions, corrections or deletions)
, if required, in GSTR-2A. The Input Tax Credit
(ITC) shall be availed by the
buyer based on his GSTR-2.
If a taxpayer does not file GSTR-1 by 10th of October,
then his buyer may face difficulty in availing ITC
of the tax paid on his supplies. It is therefore
advised that all suppliers of goods or services,
especially B2B suppliers, furnish their outward
supply details in GSTR-1 by the due date so that
no difficulty is faced by their buyers in
availing ITC and the return cycle can be completed in due course.
the corresponding entries in GSTR-2A of
his buyer shall get auto populated.
The buyer shall finalize his GSTR-2 after
making modifications (additions, corrections or deletions)
, if required, in GSTR-2A. The Input Tax Credit
(ITC) shall be availed by the
buyer based on his GSTR-2.
If a taxpayer does not file GSTR-1 by 10th of October,
then his buyer may face difficulty in availing ITC
of the tax paid on his supplies. It is therefore
advised that all suppliers of goods or services,
especially B2B suppliers, furnish their outward
supply details in GSTR-1 by the due date so that
no difficulty is faced by their buyers in
availing ITC and the return cycle can be completed in due course.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Submit your guest articles for our website click here we will publish it Subscribe our Email updates like other 100,000 Members, Free/Easy/Comfortableway
