The party is liable to pay GST from July 2017 onwards but GST registration has been taken from 01.04.2018.
How would they submit the late returns from July 2017 to March 2018.
Is it possible that the date of commencement of the business can be amended on the GST portal.
GEE LIMITED advised to pay overdue GST with interest; Section 122 penalty may apply for late returns. GEE LIMITED inquired about submitting late GST returns for the period from July 2017 to March 2018, as their GST registration began on April 1, 2018. Experts advised that returns cannot be filed for periods before registration. They suggested that the company should pay the tax with interest and inform the jurisdictional office to avoid legal issues. Amending the business commencement date on the GST portal was deemed unhelpful. Additionally, a penalty under Section 122 of the CGST Act may apply. All experts agreed with these recommendations. (AI Summary)
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