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Government Extends GST Payment Deadline

Published on May 18, 2022
Current Context: The GST payment deadlines have been extended till May 24 as the customers were facing technical glitches in the GST portal.
Government Extends GST Payment Deadline
  • The actual deadline for filing FORM GSTR-3B and GSTR-2B is in April 2022, according to CBIC.
  • The software which is designed for filing returns in the GST portal is maintained by Infosys so the government has issued a notification to resolve this issue a the earliest.
  • As per GST policy, every registered entity should file the GSTR-2B form which is an auto-drafted Input Tax credit (ITC) statement issued based on the information furnished by their suppliers in their respective sales return forms.
  • To claim the Input tax credit it is compulsory to file this Statement 12th of the month.
  • Similarly, the form GSTR-3B will be filed between the 20th and 22nd or 24th of every month.
  • Due to technical glitches in the portal, many millions of taxpayers in the current month facing difficulties in filing it and they were demanding that govt should waive off the late fee in anything that applies to them.
  • Static Part:
    • GST: Goods & Services Tax
    • Introduced under the 101st amendment act on 1st July 2017
    • Comes under the Ministry of Finance

Question:

Q.1 The latest deadline provided by Govt of India for filing GST?
a. 25th June
b. 24th August
c. 24th May
d. 22nd September
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