Taxpayers fret over GST deadline relief
The relaxation in GST compliance timelines has left taxpayers puzzled as no extension has been granted beyond the due date for filing the GSTR-3B and remitting taxes, while the date for filing GSTR-1 required to claim input tax credits has been extended. Tax advisors said MSMEs were likely to feel the pinch from the contrary filing timelines.
Siddharth Surana, advisor - strategy and business transformation at RSM India, shares his advice in The Hindu today