GSTN restores July, August 2017 GST returns information

GST Community on Sunday stated the month-to-month returns information of July and August 2017, the preliminary months of the Items and Providers Tax rollout, has been restored on the portal. The GSTN had final week stated it’s implementing its information coverage, as per which information for taxpayers will likely be retained for seven years solely. Thus, GST returns information is not going to be accessible past 7 years for taxpayers, and they might be archived.

Accordingly, on August 1, 2024, returns filed for July 2017 had been archived, and on September 1, 2024, information for August 2017 was archived.

Nevertheless, commerce and trade had sought some extra time earlier than implementing this coverage in order that they might obtain their related information from the GST portal for any future reference.

In an advisory to taxpayers, GSTN on Sunday stated GST returns for 17-18 had been made accessible once more on the suggestions obtained from the commerce and trade.

“…in view of the requests obtained from the commerce because of the difficulties confronted, information has been restored again on the portal. We suggest you to obtain and save the information if wanted, because the archival coverage shall be applied once more after giving advance data,” GSTN stated.

As per GST legislation, taxpayers usually are not allowed to file their GST returns after the expiry of a interval of three years from the due date of furnishing the stated return. As per the GST portal information coverage, information for taxpayers will likely be retained for seven years solely.

GST was applied on July 1, 2017.