GST Filing Relief: Extended Deadline for Tamil Nadu Businesses
Legislative Move:
G.S.R (E) invokes powers under the Central Goods and Services Tax Act, 2017, making a significant amendment to the notification issued on November 10, 2020.
Amendment Details:
The recent modification inserts an additional proviso after the second proviso in the existing notification, introducing a crucial deadline extension.
Extended Time Limit:
For the tax period of November 2022, businesses in specific districts of Tamil Nadu, including Chennai and Tiruvallur, now have an extended time until the thirteenth day of the succeeding month.
Affected Districts:
The extension applies to businesses operating in districts such as Chengalpattu, Kancheepuram, Vellore, Cuddalore, and others listed in the notification.
Filing Form GSTR-1:
The amendment primarily focuses on the extension of the time limit for furnishing details of outward supplies in FORM GSTR-1.
Compliance Relief:
This move aims to provide relief to registered businesses in the specified districts, ensuring they can meet their compliance obligations without undue pressure.
Implementation Date:
Effective immediately, this amendment offers a timely reprieve to businesses, acknowledging regional challenges and facilitating smoother GST compliance.
Note: Affected businesses are advised to take note of this extension and adjust their filing schedules accordingly.