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Vide notification No. 69/2020 Central Tax, dated 30.09.2020, the due date for furnishing of the Annual Return for the FY 2018-19 has been extended till 31.10.2020. Certain representations have been received stating that the auto populated GSTR 9 for the year 2018-19 (Tables 4, 5, 6 and 7) also includes the data for FY 2017-18. However, this information for FY 2017-18 has already been furnished by the taxpayers in the annual return (GSTR9) filed for FY 2017-18 and there is no mechanism to sho
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FAQ :
The due date for furnishing the Annual Return (GSTR-9) for FY 2018-19 has been extended to 31st October 2020.
Taxpayers are required to report only the values pertaining to Financial Year 2018-19. Values pertaining to Financial Year 2017-18, whether already reported or adjusted, are to be ignored. No adverse view will be taken if GSTR-9 of FY 18-19 was filed with FY 17-18 details included.
Furnishing the Annual return in FORM GSTR-9 is mandatory only for taxpayers with an aggregate annual turnover above Rs. 2 crore.
The reconciliation statement in FORM GSTR-9C is to be furnished only by registered persons having an aggregate turnover above Rs. 5 crore.
The notification provides clarifications on how to report data for FY 18-19 in GSTR-9, addressing concerns about auto-populated data from the previous financial year.
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