GSTR 3B Due Dates Changed to Reduce Pressure on IT Systems

Resham Aswani (Ex-Employee)

5 years ago

The new schedule has brought news for small traders and businessmen as it announces a bit extra time than the larger business entities to file returns for them. This announcement was made by the government on Wednesday with an intention to scale down pressure on the IT system.

According to the new schedule of return filing, the traders and businesses with total sales of less than INR 5 crores will have to file their supplies related returns by the 22nd or the 24th day of the month, based on the state they belong to, whereas that for the businesses with total sales of INR 5 crore or more will continue to be 20th day of every month.

So, the 20th of every month will be the due date for filing GSTR-3B without late fees for approx 8 lakhs people, as per the revised schedule. Infosys, the company which regulates the IT infrastructure of the GST Network has come up with this new return filing solution View the full comparison report between old and new GST return filing system in a systematic manner. The new system will be applicable from July 2019.

An official statement from the finance ministry said, “For further improving the performance of the GSTN filing portal on a permanent basis, several technological measures are being worked out with Infosys and will be in place by April this year.”

Businesses or trades with sales less than INR 5 crores in the previous fiscal year will be additionally classified into two categories. The first category would include tax filers from Andaman and Nicobar Islands, Madhya Pradesh, Chhattisgarh, Daman and Diu, Dadra and Nagar Haveli, Gujarat, Karnataka, Maharashtra, Goa, Kerala, Lakshadweep, Tamil Nadu, Puducherry, Telangana, and Andhra Pradesh. The second category would encompass the tax filers from the rest of the country.

The first category would be allowed to file GSTR-3B returns GST council decided GSTR 3B filing until March 2019 in the 27th meeting. We researched and published some interesting points that why Indian government extended GSTR 3B every time?. by 22nd of the month without late fees and the second category would be allowed to file their returns by 24th of the month without late fees.

This solution was introduced by Infosys so that the returns can be filed smoothly and the pressure on the IT system can be reduced. According to the experts, this is a temporary solution that can be turned out in a long-lasting feature.

“The staggered manner of GST return filing would hopefully reduce the load on the portal, as the industry tends to file the return on the last date only. While it seems like a temporary measure till the time new returns are introduced from April 2020, given the volume of returns, the government may want to explore making it a permanent feature,” stated Pratik Jain who is a partner and leader of indirect tax at PwC India.

View Official Press Release Regarding GSTR 3B Due Dates