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Still 25 Lakh Taxpayers Missed GSTR 1 Return Filing

Out of 65 lakh taxpayers, it is now evident that only 40 lakh taxpayers have filed returns under GSTR 1 for the month of July. This is below the expectations as 10th October was the last date to file returns for GSTR 1 for the month of July. The government tried all the methods to boost the return filing by extending the timeline by a whole two month alongside waiving off the penalty of INR 100 for the delay made.

An official statement released stated that “If a taxpayer does not file GSTR-1 by 10th of October, then the buyer may face difficulty in availing (input tax credit) ITC of the tax paid on his supplies. It is therefore advised that all suppliers of goods or services, especially B2B suppliers, furnish their outward supply details in GSTR-1 by the due.”

And now the government has totally suffixed the fact the no extended timeline will be granted for the filing of GSTR 1 form. The official further added that “It could be that many of the registrants did not transact at all, so they had no returns to file or it could be that those who have not filed are below the Rs. 20 lakh turnover threshold required to file GST returns.”

Previously it was also seen in the case of GSTR 3B filing that the data was low, even the return filing of GSTR 3B is much simple and hassle-free. According to the finance ministry data reports, the return filings for the month of July, 64 percent of taxpayers filed returns till August 31 and for the August, a total 55 percent filed returns till September 25, 2017.

Read Also: MRP (Max Retail Price) Rules Under Goods and Services Tax Act in India

While talking about the revenues, there was a slight decline in the collections for the month of July was INR 94,000 crore and on the other front, the collections for August it stood at Rs. 90,669 crores. Recently in the 22nd GST council meeting, it was discussed that there will be a committee set up in direction of GoM to investigate the matters of GSTN glitches which were accounted to an approximate 25 errors.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Subodh Kumawat
Subodh has done with numerous professional degrees ranging from Human Rights to Banking along with MBA in HR Marketing. He is also interested in the field of tax-related articles and blog as per the industry based norms. Having expert knowledge in diverse sectors, he assures facts and figures along with testimony, in his articles. Working in SAG Infotech, he is a trusted author among the readers globally. View more posts
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13 thoughts on "Still 25 Lakh Taxpayers Missed GSTR 1 Return Filing"

  1. We could not file GSTR 1 by 10th oct. Can we add July bills in Aug GSTR1 and our customers can get ITC? Since we could not file GSTR1, we cant access GSTR 1A too.

    Can someone guide us?

  2. We could not file GSTR 1 by 10th Oct, we were told we could file it after 31st Oct. But still no way. What to do? We can’t access GSTR1A as the error msg pops up that you have not filed the GSTR1, so u cant access GSTR 1A.

    We were told you can add July bills in GSTR1 of Aug so that your customers would get ITC, though you will be required to pay penalty. Is it correct and what would be the penalty?

      1. Unable to file GSTR 1 of July after the due date shows this error message we have been trying it almost every day.

        “Error! GSTR-1 Save/Action on Counterparty Invoices/Submit are not allowed for the current date, Please visit https://www.gst.gov.in for details on GSTR-1 timelines”

        1. Generally, this error arises, when you want to try file the return for the period for which GSTR utility not released by the department, so plz once check the period for which you want to file the return and still the problem persists, please contact the department.

  3. WE HAD APPLIED FOR COMPOSITE SCHEME FOR RAMKUMAR SIWRATAN WIDE ARM NUMBER AA190817053912S SHOWS AS APPROVED BUT WE HAVE NOT YET RECEIVED NEW GSTN NUMBER AND THE PORTAL DOES NOT SHOW OUR NUMBER AS A COMPOSITE DEALER SO WE HAD NOT FILED OUR RETURN AS A REGULAR DEALER

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