GSTN Issued Advisory for Reporting TDS Deducted by Scrap Dealers in October 2024 but Granted Registration in November 2024
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- By Chetan Kulasri
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- Last Updated on 28 November, 2024
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GSTN Update dated November 26th, 2024
The GSTN has observed that taxpayers are unable to report TDS deducted in the month October 2024 as they are not able to file return for the month of October 2024. This issue has occurred because while the taxpayers applied for GST registration in October 2024 pursuant to the above notification, their GST registrations were approved only in November 2024.
The GSTN has issued an advisory to resolve this issue and it is informed that taxpayers who were granted registration in November 2024, but deducted TDS in October 2024, are hereby advised to report the consolidated amount of TDS deducted for the period from 10.10.2024 to 30.11.2024 in the GSTR-7 return to be filed for the month November 2024.
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