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GSTR-1 Advisory

Important: Urgent GSTR-1 Filing Notice
& Associates

IMPORTANT: URGENT GSTR-1 FILING NOTICE

We are writing to bring to your urgent attention a critical issue regarding the submission of your monthly GST data. We generally receive your details for GSTR-1 on the final day, during the last remaining hours before the deadline. While we have managed to process it so far, filing at the absolute deadline poses severe financial risks to your business and strains important client relationships.

Please keep the following critical points in mind:

Impact on Your Buyers (ITC)

GSTR-1 must be filed strictly by the due date. If it is delayed, your buyers will not see the invoices in their GSTR-2B and will be unable to claim their Input Tax Credit (ITC) for the month. This directly affects their cash flow and can severely damage your business relationships.

GST Portal Glitches

It is a well-known fact that the GST government portal experiences heavy traffic, slow loading times, and technical glitches on the final day. Uploading invoices and generating summaries becomes highly unpredictable and difficult during peak hours.

Our Commitment & Your Action

To ensure timely, accurate, and error-free filing, please instruct your accountant to compile and submit all sales data to our team by the 5th of every month.

Moving forward, this 5-day window is essential for us to verify the data and guarantee that your returns are filed correctly and without risking your buyers' credit.

We appreciate your cooperation in streamlining this process.

CA R. WADHWA & ASSOCIATES

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