CBIC notifies due Date for GST Return GSTR-7 Filing

The Central Board of Indirect Taxes and Customs (CBIC) has amended Rule 66 of the CGST Rules, requiring GSTR-7 returns to be filed by the 10th of every month, effective from November 1, 2024. This change is aimed at streamlining the filing process for Tax Deducted at Source (TDS) under the Goods and Services Tax (GST) regime. The amendment was introduced through Notification No. 20/2024 – Central Tax, issued on October 8, 2024. The new rule mandates that all GSTR-7 returns, which pertain to TDS under GST, must be filed by the 10th of the following month. This adjustment is expected to improve compliance and ensure timely submission of TDS returns, thereby enhancing the overall efficiency of the GST system. The CBIC’s notification underscores the importance of adhering to the revised timelines to avoid penalties and ensure smooth functioning of the GST framework.