GST: The consultation issued by GSTN said, filing of returns will be prohibited after the expiry of 3 years.
There is big news for Goods and Services Tax (GST) filers across the country. GST Network said on Saturday that from the beginning of the July tax period, GST taxpayers will not be able to file monthly and annual GST returns after 3 years from the due date of original filing. The tax period of July, 2025 means that taxpayers will file monthly returns in August this year. In a consultation, the Goods and Services Tax Network (GSTN) said that taxpayers will not be able to file GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8 and GSTR-9 on the expiry of three years from the due date of filing. Amendments to the Goods and Services Tax (GST) law regarding the time limit were made effective through the Finance Act, 2023.
File your GST returns as soon as possible
Thus, returns relating to payment of liability, annual returns and GST outward supply returns in addition to tax collected at source will become time-barred. The advisory issued by GSTN said, filing of returns after the expiry of three years will be prohibited. The said ban will be implemented on the GST portal from July, 2025 tax period. It advised taxpayers to match their records if they have not filed GST returns till now and file their GST returns as soon as possible. Earlier in October, the GST Network (GSTN) had alerted taxpayers that the said provision of tax ban will be implemented in early 2025.
Big jump in GST collection
Let us tell you that GST evasion has been curbed due to the strictness taken by the government. This has led to a rapid increase in GST collection. For the second consecutive month in May, GST collection remained above the figure of Rs 2 lakh crore. Gross Goods and Services Tax (GST) collection grew 16.4 per cent to over Rs 2.01 lakh crore in May. GST collections reached a record high of Rs 2.37 lakh crore in April. The collection was Rs 1,72,739 crore in May, 2024. Gross revenue from domestic transactions grew by 13.7 per cent to around Rs 1.50 lakh crore in May, 2025, while GST revenue from imports grew by 25.2 per cent to Rs 51,266 crore. The total gross GST revenue stood at Rs 2,01,050 crore in May, 2025.
