In a festive-season reprieve for taxpayers, the government has extended the deadline for filing the GSTR-3B tax payment form by five days, setting the new due date as October 25. The Central Board of Indirect Taxes and Customs (CBIC) announced the extension on Sunday, providing relief to businesses and taxpayers preparing for Diwali celebrations.

The GSTR-3B, a crucial monthly and quarterly summary return, is filed by registered taxpayers in a staggered schedule on the 20th, 22nd, and 24th of each month, depending on their category. The form covers tax liabilities for September and the July-September quarter. The CBIC, in a notification, confirmed that taxpayers can now complete their filings and tax payments by October 25, accommodating the festive rush around Diwali, which falls on October 20.

The CBIC highlighted the extension in a post on X, stating, "@cbic_india extends the GSTR-3B filing deadline," ensuring taxpayers are informed of the updated schedule. The decision aligns with expectations, as the original deadline coincided with Diwali, a time when businesses and individuals are preoccupied with festivities and travel.

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This extension is a significant relief for small and medium enterprises, accountants, and tax professionals who face heightened pressure during the festive season. It allows additional time to compile accurate financial data, reconcile input tax credits, and ensure compliance with GST regulations. Industry experts have welcomed the move, noting that it reflects the government’s understanding of the challenges taxpayers face during major festivals.

Taxpayers are advised to use the extended period to verify their returns and avoid last-minute errors. The CBIC has urged businesses to file their GSTR-3B forms promptly within the new deadline to avoid penalties and ensure seamless compliance with the Goods and Services Tax (GST) framework.

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