GSTN: CBIC is being sent an incident report to consider extension in GSTR return filing date

GST return filing deadline may be extended by CBIC as GSTN reports portal is experiencing technical difficulties

The Goods and Services Tax Network (GSTN) on X (Twitter) has acknowledged that the GST portal is experiencing technical issues and is hence under maintenance. GSTN expects the portal to be operational by 12 PM on January 10, 2025 however, an incident report is being sent to CBIC to consider an extension in filing date. The Central Board of Indirect Taxes and Customs (CBIC) is yet to come out with any notification in this regard. However, several chartered accountants on social media and with whom we spoke voiced their concerns about being unable to file GSTR-1 return, the deadline for which is January 11, 2025 for the December 2024 tax period. The deadline is January 13, 2025 for QRMP filers for December 2024 tax period.

#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} GSTN said on X: “The GST portal is currently experiencing technical issues and is under maintenance. We expect the portal to be operational by 12:00 noon. CBIC is being sent an incident report to consider extension in filing date. Thank you for your understanding and patience!”
Source: GST Tech Infosys GSTN

What is the issue with GSTR-1 return filing

Chartered Accountant Himank Singla, partner, SBHS & Associates explains that since the past two days he has:

Not able to download DRC-01 SCNsNot able to file GSTR-1 as summary is not being generatedNot able to download old dataNot able to open RFD-01 FormNot able to reply to SCNsNot able to open Core FieldSingla says, the GST Portal has been facing significant technical issues over the past two days and have caused widespread frustration among businesses and tax professionals as the deadline for filing approaches.


Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Marketing
Performance Marketing for eCommerce Brands
By - Zafer Mukeri, Founder- Inara Marketers
View Program
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Finance
A2Z Of Money
By - elearnmarkets, Financial Education by StockEdge
View Program
Marketing
Modern Marketing Masterclass by Seth Godin
By - Seth Godin, Former dot com Business Executive and Best Selling Author
View Program
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
View Program
Strategy
Succession Planning Masterclass
By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.
View Program
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI
View Program
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Marketing
Digital Marketing Masterclass by Pam Moore
By - Pam Moore, Digital Transformation and Social Media Expert
View Program
Artificial Intelligence(AI)
AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Marketing
Digital marketing - Wordpress Website Development
By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
View Program
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator
View Program
Data Science
SQL Server Bootcamp 2024: Transform from Beginner to Pro
By - Metla Sudha Sekhar, IT Specialist and Developer
View Program Singla says: “This is not the first time the GST portal has encountered such issues. Recurring technical glitches have led to calls for a more robust and reliable system to handle the high volume of transactions and filings, especially during peak periods.

Many tax professionals have also highlighted the need for contingency measures to prevent such disruptions from affecting compliance. “The CBIC is expected to issue a formal statement soon regarding any possible extension and measures to mitigate the impact of the glitch. In the meantime, taxpayers have expressed concerns over potential penalties and late fees due to the delay in filing,” says Singla.

Who needs to file a GSTR-1 return?

According to the GST website, “Form GSTR-1 is a monthly/quarterly Statement of Outward Supplies to be furnished by all normal and casual registered taxpayers making outward supplies of goods and services or both and contains details of outward supplies of goods and services.

Every registered taxable person, other than an input service distributor/ composition taxpayer/ persons liable to deduct tax u/s 51 / persons liable to collect tax u/s 52 is required to file Form GSTR-1, the details of outward supplies of goods and/or services during a tax period, electronically on the GST Portal.”

Who can opt for quarterly GSTR-1 filing?

According to the GST portal, “You can opt for Quarterly filing of Form GSTR-1 under following condition:

If your turnover during the preceding financial year was up to Rs 5 crore orIf you are registered during the current financial year and expect your aggregate turnover to be up to Rs 5 crore.Note: In case you have chosen Opt-in for Quarterly Return option, you need to file both Form GSTR-1 and Form GSTR-3B quarterly only.”
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances