Three Year Limitation Period u/s 73(10) of GST Act begins from Filing Date of Annual Return, Not Extended Due Date: Patna HC

Three-Year Limitation Period u/s 73(10) of GST Act Begins from Filing Date of Annual Return, Not Extended Due Date: Patna HC The Patna High Court ruled that the three-year limitation period for issuing demand orders under Section 73(10) of the GST Act begins from the actual filing date of the annual return, not the extended due date. This decision came in response to a case where the taxpayer argued that the limitation period should start from the extended due date for filing the annual return. The court clarified that the statutory provision specifies the limitation period begins from the due date for furnishing the annual return, regardless of any extensions granted. This ruling has significant implications for taxpayers and tax authorities, as it emphasizes the importance of adhering to the original due dates for filing returns. It also underscores the need for taxpayers to be diligent in meeting their filing obligations to avoid potential disputes and penalties.