GSTN has said that businessmen who have not filed GSTR-3B return in the last two months will not be able to fill the details of outward supplies in GSTR-1 from September 1.
Where business entities file GSTR-1 for a month by the 11th day of the subsequent month, GSTR-3B is filed in a sequential manner between 20-24th day of the following month. Business entities pay tax through GSTR-3B.
GSTN, which manages technology facilities for the Goods and Services Tax (GST), has said in an advisory issued to taxpayers that Rule-59(6) under the Central GST Rules, will come into force from September 1, 2021. This rule provides for restriction in filing GSTR-1.
As per the rules, if a registered dealer has not filed return in Form GSTR-3B during the last two months, then such registered person will not be allowed to file the details of supply of goods or services or both in Form GSTR-1. . Businesses who file quarterly returns, if they have not filed returns in Form GSTR-3B during the previous tax period, will also be barred from filing GSTR-1.
EY tax partner Abhishek Jain said that this thought is a restriction. It is also a kind of necessary control monitoring. There are many cases where taxpayers keep on reporting their supply invoices in GSTR-1 but do not submit GSTR-3B returns along with it. by which the tax is actually paid to the government.
