The Goods and Services Tax Network (GSTN) is the IT backbone of the Goods and Services Tax (GST) system in India. The GSTN has advised taxpayers to avoid filing GST returns on the last date, citing the possibility of heavy traffic on the GST portal, which could result in technical glitches and delays.
Filing GST returns on the last date can be risky, as any technical glitches or delays could result in penalties and interest on late filing. Moreover, the deadline for filing GST returns is usually the 20th of every month, which leaves taxpayers with sufficient time to prepare and file their returns.
To avoid last-minute rush and technical glitches, taxpayers are advised to file GST returns in advance. This will not only help them avoid penalties and interest on late filing but also ensure that their returns are filed accurately and without any errors.
In addition to filing GST returns in advance, taxpayers can also take advantage of various tools and services offered by GSTN to simplify the return filing process. These include the GST Offline Tool, which enables taxpayers to prepare and upload their returns offline, and the GST Suvidha Provider (GSP), which provides end-to-end support for GST compliance.
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"The Goods and Services Tax Network ("GSTN") issued an Advisory for the Timely Filing of GST Returns dated May 04, 2023."
The difficulties encountered by taxpayers owing to a last-minute rush may thus be avoided with better planning for filing GST returns, which will also be beneficial to other taxpayers. Additionally, it should be noted that GSTN's infrastructure has recently undergone a significant upgrade.
In conclusion, the Goods and Services Tax Network (GSTN) has advised taxpayers to avoid the GST Return filing due date, as heavy traffic on the GST portal can result in technical glitches and delays, leading to penalties and interest on late filing. Taxpayers are urged to file their returns in advance to avoid the last-minute rush and to ensure that their returns are filed accurately and without errors. Ultimately, being proactive and staying ahead of the deadline is always advisable to avoid any unnecessary stress or penalties.
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