Thursday, February 2, 2023

Taxpayers beware: Today is the last day to deposit GST dues for July 2021; if you miss the deadline, you’ll have to pay interest

GST Alert: Attention Goods and Service Taxpayers in New Delhi. If you have not yet paid your July 2021 GST dues, do so today, as today is the deadline. If you do not pay your dues today, you will be penalised with interest. This information was provided by the Central Board of Indirect Taxes and Customs (CBIC) in a tweet.

The deadline for depositing GST dues is today.

The CBIC tweeted that the deadline for filing GST dues for July 2021 is today, August 25th. The taxpayer will be required to pay interest if the arrear is not paid today. GST taxpayers will have to pay interest if they pay late, according to the CBIC. Fill it out today if you have not yet paid your dues for July 2021.

Read More: Center issues new Travel Advisory, appeals to states to remove the obligation of negative Covid report

If you don’t file your taxes on time, you’ll get a notice.

Now, plans are being made to deal harshly with those who have been late in paying their taxes. Traders who do not pay the tax will now receive automatic notices from the GSTN portal. If the traders fail to respond to this notice, legal action will be taken against them. They will also be evaluated directly through the portal in this case.

Previously, this was the rule.

Let us explain that under GST, traders are required to deposit tax (GSTR-3A) by the 20th of each month. Many traders, however, fail to deposit the tax on time. When the Commercial Tax Department checks the portal, this comes to their attention. Following the investigation, notices were sent to the traders requiring them to deposit the tax. However, this notice will now expire four days after the tax is due to be deposited.



Please enter your comment!
Please enter your name here

Most Popular


Tax Reform System: Important news for taxpayers, ITR form will change next year!

Tax Reform System In India: There is news of work for taxpayers. The government (Modi government) may soon make changes to the ITR form....

Most Popular


* indicates required