Sir
do i have to file an annual return for 18-19 when the annual turn over is less than 10 lakhs..
Menu
Annual return 18 -19
Replies (6)
Quick Summary
Yes... You can file.
but it's not mandatory...
but it's not mandatory...
Filing of anual return gstr9 is optional upto turnover limit of rs 2 crore
As per Notification No. 47/2019 - Central Tax, dated 09th October 2019 read with Circular No. 124 - GST, dated 18th November 2019, Filing of GST Annual Return ( FORM GSTR-9 ) for FY 2017-18 & FY 2018-19 has been made "OPTIONAL" for taxpayers having aggregate turnover upto Rs. 2 crores. It shall be "deemed to be filed" on the "DUE DATE" if not filed by the taxpayer on account of it being optional for them.
Since your Annual Aggregate Turnover is less than Rs. 2 crores, you are not required to file FORM GSTR-9. Also note that in the Circular it was clearly mentioned that "No one will be allowed to file Annual Return after the due date [ Due Date : 31st December 2020 ]."
Since your Annual Aggregate Turnover is less than Rs. 2 crores, you are not required to file FORM GSTR-9. Also note that in the Circular it was clearly mentioned that "No one will be allowed to file Annual Return after the due date [ Due Date : 31st December 2020 ]."
Annual return optional , below 2 Crore !
Is it optional for 2019-20 too
Due date of submitting annual return for 2018-19 has been extended upto 31st March,2021.
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
