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The Finance Ministry on Thursday continued the due date for filing GST allotment for the banking year 2017-18 (FY18) and banking year 2018-19 (FY19).



According to a Finance Ministry statement, the due dates for filing Anatomy GSTR-9 (Annual Return) and Anatomy GSTR-9C (Reconciliation Statement) for the banking year 2017-18 will be December 31, 2019, as adjoin November 30, 2019. Similarly, for FY 19, it will be March 31, 2020, as adjoin December 31, 2019. The Government has additionally absitively to abridge these forms by authoritative assorted fields in them optional.

Every GST assessee has to book an anniversary acknowledgment in GSTR 9. Among these assessees, every registered taxable being whose about-face during a banking year exceeds ₹2 crore, will additionally be appropriate to get his accounts audited by a accountant accountant or a amount accountant and again abide a adaptation account in GSTR 9C forth with GSTR 9. Assessees beneath the agreement arrangement (businesses with about-face up to ₹1.5 crore) will be appropriate to book the GSTR 9A form. The aftermost date for filing these allotment for the banking year 2017-18 were continued to November 30 from August 31.

The Central Board of Indirect Taxes & Customs (CBIC) has notified the amendments apropos the description of GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement), which inter-alia allows taxpayers not to accommodate a breach of ascribe tax acclaim availed on inputs, ascribe casework and basic appurtenances and not to accommodate HSN akin advice of outputs or inputs, etc, for FY18 and FY19.



CBIC expects that with these changes and the addendum of deadlines, all GST taxpayers would be able to book their anniversary allotment forth with their adaptation statements for the banking years FY18 and FY19 in time. The Government has acted in a actual acknowledging address to the representations on challenges faced by taxpayers in filing GSTR-9 and GSTR-9C.

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Last Updated: December 18th, 2019 by admin
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