FINANCE

GST Taxpayers’ alert: CBIC issues deadline! File your return before THIS date to avoid late fee and interest

GST Taxpayers’ alert: The Central Board of Indirect Taxes & Customs (CBIC), responsible for administering Indirect Taxes, has issued an alert for taxpayers. 

The Central Board of Indirect Taxes & Customs (CBIC), responsible for administering Indirect Taxes, has issued an alert for taxpayers. The alert is for different categories of taxpayers who have not filed their taxes for February. As per the alert, these GST taxpayers need to pay their taxes before March 10, failing which they will have to pay late fee/penalty.

CBIC in multiple tweets on Monday asked these taxpayers to settle the tax amount before the deadline to avoid late fee.  

Asking e-commerce operators to file their tax, CBIC tweeted, “Attention E-Commerce Operators who are required to collect Tax at Source under GST!   File your GSTR-8 Return for the month of February 2021 by March 10, 2021. Late filling of GSTR-8 Return will attract interest,” it said.  

“Attention GST Taxpayers who are required to deduct Tax at Source!   File your GSTR-7 Return for the month of February 2021 before March 10, 2021. Late filling of GSTR-7 will attract late fee and interest,” the Finance ministry body for administering Indirect Taxes tweeted on Monday.  

It also asked registered manufacturers of goods to file their Central Excise Return for the month of February 2021 before March 10, 2021.

The tweets that were also retweeted by the Ministry of Finance reminded the taxpayers that it is only two days left and its time they file their return to avoid any extra charges.

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