Summary of GST Advisory on Sequential Filing of GSTR-7 Returns
GST Advisory on Sequential Filing of GSTR-7 Returns has been issued by the Government on 04-12-2024.
Question is is it mandatory file GSTR-7 Retun for all the Months? as multiple tickets have been received regarding this topic, Taxpayers are referencing FAQS for the same in which the word “it is not mandatory” is mentioned.
Hence to clarify this the government has issued such GST Advisory. the clarification are as under:
As per the Notification No 17/2024 dated 27-09-2024 specified that From 01-11-2024 . GSTR-7 filling has been made sequential from october tax period. so from October-2024, GSTR-7 return is to be filed in chronological order. it is mandatory to file the Nil return in case if no deductions have been made in particular month.