GST Compliance Deadline: A New Era of Timely Tax Filings

Starting in 2025, GST returns filed after three years from the due date will be barred, urging taxpayers to reconcile and submit their returns promptly. This move aims to enhance compliance and reduce filing backlogs, though it may pose challenges for those with unfiled historical returns.

Beginning early in 2025, taxpayers will face a major shift in GST return policies. GST Network has announced that returns filed three years past the original due date will be disallowed, a move aimed at enforcing timely compliance.

In an advisory, GSTN outlined that returns related to outward supply, payment of liability, and tax collected at source will be time-barred after three years from the original filing deadline. This adjustment pushes businesses to reconcile their tax records.

Experts like Rajat Mohan from AMRG & Associates warn that while this policy enhances data reliability, it also poses challenges for businesses with unresolved past returns. Companies should audit filings soon to avoid future compliance issues as the deadline approaches.

(With inputs from agencies.)