03/2025-Central Tax — Seeks to extend the due date for furnishing FORM GSTR-5 for the month of December, 2024
Summary
This notification is essentially a breather for certain taxpayers struggling to meet the regular deadline for filing their GSTR-5 return for December 2024. GSTR-5 is the return form that registered non-resident taxable persons use to report their sales and purchases made within India. The usual due date for filing this return is the 20th of the month following the tax period.
This notification, issued by the CBIC, extends that deadline. So, if you are a non-resident taxable person registered under GST and required to file GSTR-5, you now have a bit more time. Instead of the original due date of January 20th, 2025, you now have until January 28th, 2025, to file your GSTR-5 for the month of December 2024.
In simple terms, the government is giving non-resident taxpayers an extra week to file their December GSTR-5. Make sure you utilize this extended time to accurately prepare and file your return by the new deadline of January 28th, 2025. Don't delay, or you could face late fees and penalties. Keep an eye on TaxIntelHub.com for further updates and guidance on GSTR-5 filing.
Key Changes
| Change | Impact |
|---|---|
| Extension of GSTR-5 Due Date | Provides additional time for Non-resident taxable persons to file their GSTR-5 return for December 2024, reducing the risk of late filing penalties and interest. |
| Applicability to December 2024 GSTR-5 | Specifically targets the GSTR-5 return for the tax period of December 2024, offering relief for that particular month's filings. |
| Targeted at Non-Resident Taxable Persons | This notification directly affects non-resident taxable persons who are required to file GSTR-5, assisting them with compliance. |