The GST Council has extended the deadline for filing GSTR 9 and GSTR 9C for the financial year 2018-19 to 30th June 2020. This decision was made during the 39th GST Council meeting held on 14th March 2020. Several other key announcements were made, including the charging of interest on net cash liability from July 2017 and the deferment of the new GST return system until the end of July.
The 39th GST Council meeting was held today i.e. 14th March 2020 at Vigyan Bhawan, New Delhi. The meeting was chaired by the Finance Minister Nirmala Sitharaman. The GST Council in its 39th meeting announced that due date to file GSTR 9 and 9C for FY 18-19 will be extended till 30th June 2020. The council also made the following decisions in the 39th GST Council meeting:
1.Interest to be charged on net cash liability with effect from 1/07/2017
The FM in her budget speech had propos
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FAQ :
The due date for filing GSTR 9 and 9C for the financial year 2018-19 has been extended to 30th June 2020.
The 39th GST Council meeting was held on 14th March 2020.
Late fees will not be levied for the late filing of GSTR 9 and 9C for FY 17-18 and 18-19 for taxpayers with a turnover less than Rs 2 crore.
The implementation of the new GST return system has been deferred until the end of July.
The GST rate on mobile phones has been increased to 18%.
The implementation dates for e-invoicing and QR Code have been extended to 1st October 2020.