📢 GST Due Dates as on 13th February 2025 – Stay Compliant with Taxla Services!

Tax compliance is crucial for businesses to avoid penalties and maintain seamless operations. Here are the key GST return filing deadlines for 13th February 2025 that businesses must adhere to.

🚀 GSTR-5: Return Filing for Non-Resident Taxable Persons

What is GSTR-5?
GSTR-5 is a monthly return that must be filed by non-resident taxable persons who conduct business in India but do not have a fixed place of business in the country. This return includes details of:
✅ Outward taxable supplies (sales made during the month)
✅ Tax payable & tax paid
✅ Input tax credit (ITC), if available
✅ Interest, late fees, and any penalties applicable

Who Should File GSTR-5?
📌 Non-resident individuals or entities registered under GST and conducting taxable transactions in India.
📌 Foreign businesses temporarily operating in India through exhibitions, trade fairs, or short-term projects.

Due Date: 13th February 2025 (for January 2025 transactions).

Penalty for Late Filing:
⏳ Late filing of GSTR-5 attracts a late fee of ₹200 per day (₹100 CGST + ₹100 SGST) until the return is filed. Additionally, interest is applicable on unpaid tax amounts.

📊 GSTR-6: Monthly Return for Input Service Distributors (ISD)

What is GSTR-6?
GSTR-6 is a monthly return required to be filed by Input Service Distributors (ISD). This return is used to distribute input tax credit (ITC) received on services among the branches or units of the same organization.

What Does GSTR-6 Include?
✅ Details of ITC received from suppliers
✅ Distribution of ITC among different GSTINs under the same PAN
✅ Corrections or modifications in ITC from previous returns
✅ Liabilities and payments related to distributed ITC

Who Should File GSTR-6?
📌 Businesses registered as Input Service Distributors (ISD) under GST.
📌 Companies with multiple branches that distribute ITC among units.

Due Date: 13th February 2025 (for January 2025 transactions).

Penalty for Late Filing:
⏳ Late submission of GSTR-6 attracts a penalty of ₹50 per day (₹25 CGST + ₹25 SGST) and, if there is pending tax liability, interest at 18% per annum is applicable.

💡 Why Timely GST Return Filing is Important?

✔️ Avoid late fees & penalties.
✔️ Ensure smooth ITC claim for businesses.
✔️ Maintain compliance and avoid legal issues.
✔️ Stay updated with tax regulations for better financial planning.

🔹 Facing difficulties in GST compliance? Let our tax experts help you!

📞 Contact Taxla Services for Expert GST Filing Assistance!

📍 Location: 19, SBI Colony 3rd Street, Saligramam, Chennai - 600093
📲 Phone: +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com

📢 Stay Compliant, Stay Ahead with Taxla Services!

#GSTUpdates #GSTR5 #GSTR6 #TaxCompliance #GSTDueDates #TaxFiling #TaxlaServices #Finance



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