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Today is the last date for filing GSTR-1 return for the month of July and there will be no further extension.The Finance Ministry has asked the tax payers who have not yet filed their GSTR-1 return for July to do so immediately. 

Once a taxpayer files GSTR-1 return by 10th October, the corresponding entries in GSTR-2A of his buyer shall get auto populated. 

The buyer shall finalize his GSTR-2 after making modifications if required, in GSTR-2A. The Input



Tax Credit shall be availed by the buyer based on his GSTR-2.However, if a taxpayer does not file GSTR-1 by today, his buyer may face difficulty in availing ITC of the tax paid on his supplies.

The Ministry has asked all suppliers of goods or services, especially B2B suppliers, to furnish their outward supply details in GSTR-1 by the due date so that no difficulty is faced by their buyers in availing ITC and the return cycle can be completed in due course. 


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