The Goods and Services Tax Network (GSTN) said this in a consultation on Tuesday. It said that apart from GST sales returns, the new rule will be applicable on returns related to payment of liability, annual returns and tax collection at source. That is, there will be a ban on filing returns after the expiry of a period of three years from the due date of submission of returns.

GSTN said, “The said change is going to be implemented in the GST portal from the beginning of next year (2025). Therefore, taxpayers are advised to match their records and if they have not yet filed GST returns, then file it as soon as possible.”

Experts said these are important changes

AMRG & Associates Senior Partner Rajat Mohan said that GSTN has made an important change regarding compliance. Under this change, there is a ban on filing GST returns after the deadline of three years.

He said, “This move is aimed at ensuring timely compliance, increasing the reliability of data and potentially reducing the ‘backlog’ of unfiled returns within the GST system. Limiting the period in case of late filing of returns has motivated taxpayers to match and rectify their records.

Mohan said, “However, this can also create challenges for those taxpayers who have not filed returns. Especially for those taxpayers who are facing administrative or logistical problems in consolidating old records.” He said that companies are advised to actively audit their return filings and resolve any pending returns within the remaining period.

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