.gif)
.webp)
.svg)
Key Highlights
- The GST calendar for FY 2024-25 outlines the due dates for filing GSTR-1, GSTR-3B, and other GST returns.
- Taxpayers must adhere to the GST last date to avoid penalties and maintain compliance.
- The due dates vary based on the taxpayer's turnover and the type of return being filed.
- Staying informed about the latest GST updates and amendments is crucial for ongoing compliance.
Staying on top of GST compliance is crucial for businesses to avoid penalties and maintain smooth operations. With the start of the new financial year 2024-25, it's essential to familiarise yourself with the important GST due dates and plan accordingly.In this article, you'll find a comprehensive GST calendar for FY 2024-25, covering the key GST last date for filing various GST returns. Whether you're a small business owner or a tax professional, this guide will help you navigate the GST compliance landscape with ease.
Understanding the GST Return Filing Process
Before diving into the GST calendar, let's briefly understand the GST return filing process.Under the GST regime, businesses are required to file various returns based on their turnover and the nature of their transactions. The most common returns include:
- GSTR-1 : Summary of outward supplies
- GSTR-3B : Summary return
- GSTR-4 : Annual return for composition taxpayers
- GSTR-9 : Annual return for regular taxpayers
Each return has specific due dates, which are outlined in the GST calendar 2023 24. It's essential to keep track of these dates to ensure timely filing and avoid penalties.
Monthly GST Return Due Dates
For taxpayers with an aggregate turnover exceeding ₹5 crore, the following monthly GST return due dates are applicable:
| Return | Due Date |
| GSTR-1 | 11th of the following month |
| GSTR-3B | 20th of the following month |
Other monthly returns, such as GSTR-5 (for non-resident taxpayers), GSTR-6 (for Input Service Distributors), and GSTR-7 (for Tax Deducted at Source), also have specific due dates that must be adhered to for tax filing.
Quarterly GST Return Due Dates
Taxpayers with an aggregate turnover of up to ₹5 crore have the option to file quarterly returns. The quarterly GST return dates for FY 2024-25 are as follows:
| Quarter | GSTR-1 Due Date | GSTR-3B Due Date (Category X) | GSTR-3B Due Date (Category Y) |
| Apr-Jun | 13th July 2024 | 22nd July 2024 | 24th July 2024 |
| Jul-Sep | 13th Oct 2024 | 22nd Oct 2024 | 24th Oct 2024 |
| Oct-Dec | 11th Jan 2025 | 22nd Jan 2025 | 24th Jan 2025 |
| Jan-Mar | 11th Apr 2025 | 22nd Apr 2025 | 24th Apr 2025 |
Category X states/UTs include Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu, and Dadra & Nagar Haveli. Category Y includes the remaining states/UTs.
Annual GST Returns
In addition to the monthly and quarterly returns, taxpayers are also required to file annual returns. The important GST dates for annual returns in FY 2024-25 are:
- GSTR-4 (for composition taxpayers): 30th April 2025
- GSTR-9 (for regular taxpayers with turnover exceeding Rs. 5 crores): 31st December 2025
It's crucial to file these annual returns within the specified due dates to avoid penalties and maintain compliance.
Consequences of Missing GST Deadlines
Failing to file GST returns or pay GST liabilities within the specified GST last date can result in severe consequences for businesses. These may include:
- Penalties and interest on late filing and payment
- Disruption in cash flow management
- Loss of input tax credit (ITC)
- Damage to business reputation
- Increased scrutiny by tax authorities
To avoid these consequences, you must prioritise GST compliance and ensure timely filing of returns and payment of liabilities. Quick Tip: Set reminders for theimportant dates of GST return filing and maintain proper records of all transactions to streamline the return filing process.
Staying Updated with GST Amendments
The GST landscape is constantly evolving, with frequent updates and amendments to the regulations. Businesses need to stay informed about these changes to ensure ongoing compliance. Here are a few ways to stay updated:
- Regularly visit the official GST portal ( www.GST.gov.in ) for the latest notifications and circulars.
- Attend GST training and workshops conducted by professional bodies and industry associations.
- Consult with a GST expert or a chartered accountant to clarify any doubts or seek guidance on complex matters.
By staying informed and proactively addressing GST compliance requirements, businesses can navigate the complexities of the GST system with confidence.
Gear Up for GST Compliance in FY 2024-25
The GST calendar for FY 2024-25 serves as a roadmap for businesses to stay compliant with GST regulations. By keeping track of the GST important dates and filing returns within the specified due dates, businesses can avoid penalties, maintain a positive compliance record; and contribute to the overall success of the GST regime.As the new financial year begins, take proactive steps to streamline your GST compliance process. Leverage the information provided in this guide, stay updated with the latest amendments, and consider seeking professional assistance if needed.With proper planning and a commitment to compliance, your business can navigate the GST landscape with ease and confidence in FY 2024-25. Also Read: GST Returns: How to File, Types of GST Forms, Due Dates & Penalties
FAQS - FREQUENTLY ASKED QUESTIONS
What is the due date for filing GSTR-3B for taxpayers with turnover exceeding ₹5 crores?
Taxpayers with turnover exceeding ₹5 crores must file GSTR-3B by the 20th of the following month.
Can I file GSTR-1 every quarter if my turnover is less than ₹5 crores?
Yes, taxpayers with turnover up to ₹5 crores have the option to file GSTR-1 every quarter.
What are the consequences of missing the GST last date for filing returns?
Missing the due dates for filing GST returns can result in penalties, interest, loss of input tax credit, and increased scrutiny by tax authorities.
How can I stay updated with the latest GST amendments and regulations?
You can stay updated by regularly visiting the official GST portal, attending GST training and workshops, and consulting with a GST expert or chartered accountant.
What is the due date for filing the annual return GSTR-4 for composition taxpayers in FY 2024-25?
Composition taxpayers must file GSTR-4 by 30th April 2025 for the financial year 2024-25.
What should I do if I have doubts or need clarification on GST matters?
If you have doubts or need clarification on GST matters, it's advisable to consult with a GST expert or a chartered accountant who can provide professional guidance.
Are there any specific due dates for non-resident taxpayers to file returns?
Yes, non-resident taxpayers are required to file GSTR-5 by the 13th of the following month.
What is the difference between GSTR-1 and GSTR-3B?
GSTR-1 is a summary of outward supplies, while GSTR-3B is a summary return that includes details of outward supplies, inward supplies, input tax credit, and tax payment.
How often do I need to file GSTR-3B if my turnover is less than ₹5 crores?
Taxpayers with turnover up to ₹5 crores can opt to file GSTR-3B every quarter under the Quarterly Return Monthly Payment (QRMP) scheme.
How often do I need to file GSTR 3B ?
Most taxpayers must file GSTR 3B monthly. However, small taxpayers under the Quarterly Return Monthly Payment (QRMP) scheme can file quarterly.
What is the due date for filing the annual return GSTR-9 for regular taxpayers in FY 2024-25?
Regular taxpayers with turnover exceeding Rs. 5 crores must file GSTR-9 by 31st December 2025 for the financial year 2024-25.
The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.
