New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has informed that the last date for filing Goods and Services Tax (GST) returns for the month of February 2022 is Sunday, March 20, 2022. The department has asked the taxpayers to file the return before the deadline to avoid any penalty.
Taking it to Twitter, CBIC has urged non-resident GST taxpayers to file their monthly GSTR-5 returns by the due date. The department also reminded the taxpayers that they will have to pay additional late fee and interest for missing the deadline.
In a social media post, the Central Department of Indirect Taxes and Customs also noted that taxpayers, who have opted for quarterly return filing system, are required to file GSTR 3B for the month of February by March 20.
“Attention GST taxpayers who are not under the QRMP scheme! File your monthly GSTR-3B return for the month of February 2022 by March 20, 2022,” CBIC said in a post on Twitter.
The remainder was for online information and database access or retrieval (OIDAR) service suppliers. “Obtaining fraudulent input tax credit can land you in trouble,” the authority pointed out.
Over the past few months, the CBIC has taken administrative steps to crack down on fake invoices for input tax credit related irregularities. The move is helping the authority to increase the tax collection of the central government. Read also: Telegram banned in Brazil ahead of presidential election
In the month of February 2022, the revenue collection from Goods and Services Tax (GST) increased to Rs 1.33 lakh crore, a year-on-year growth of 18 per cent. In addition, the gross GST revenue collected was Rs 1,33,026 crore. Read also: India in final talks to start exporting wheat to Egypt
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