GSTN Issues Advisory on Barring of GST Return on Expiry of Three Years

The GST Network (GSTN) has issued an advisory on the barring of GST return filing after the expiry of three years. The advisory clarifies that taxpayers will not be able to file returns for a tax period after three years from the due date. This measure aims to ensure timely compliance and reduce the backlog of pending returns. The GSTN has urged taxpayers to file their returns promptly to avoid penalties and interest. The advisory also highlights the importance of maintaining accurate records and reconciling transactions regularly to ensure compliance. This move is part of the government’s efforts to streamline the GST system and improve compliance rates. Taxpayers are advised to take note of this advisory and ensure that their returns are filed within the stipulated time frame to avoid any complications.