Wednesday, April 24, 2024

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.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest

Benefit to the public! certain individuals will get this tax exemption

The nation's capital, Delhi, is home to a sizable population. Space is also necessary for this population to live at the same time. For...

Finance Minister announces Rs 10,000 for 50 cr bank account holders

Finance Minister Nirmala Sitharaman discussed the adjustments that have been made by the Pradhan Mantri Jan Dhan Yojana (PMJDY) during the course of its...

You have to pay 0% tax on salary! government did this for taxpayers

For thousands of taxpayers, good news began to arrive even before July 31. You will now owe no tax if you haven't submitted your...

Before July 31, the government gave this news to income taxpayers!

There is good news for income taxpayers. Everyone is aware that the deadline for submitting your ITR this year is July 31, 2023. 12...

New SIM card rule! government created this strategy to combat online fraud

Online fraud is a significant issue. This makes use of a SIM card. The number of SIM cards would be limited, according to the...

Most Popular

Subscribe

* indicates required