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The last date to file GST Annual Return for FY 2017-18, is the 31st of January 2020. Taxpayers are dealing with certain issues to file their Annual Return. In the meanwhile, the GSTN shared certain steps that have been taken by the government to simplify the filing of Annual Returns. Here is what th
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FAQ :
The last date to file the GST Annual Return (GSTR-9 and GSTR-9C) for FY 2017-18 has been extended to 31st January 2020.
Taxpayers with an aggregate turnover (PAN-based) up to ₹2 Crore for FY 2017-18 are exempt from filing the annual return.
Simplifications include reporting entire ITC reversal in Table 7H, making Tables 12, 13, and 15 to 18 optional, and providing an option to upload signed PDF documents for ITC information in GSTR-9C without CA certification.
Yes, it is no longer mandatory to attach a cash flow statement, and auditors are required to give a 'True & Fair' opinion instead of 'True & Correct'. Table 14 is also optional.
The simplifications notified in Form GSTR-9 and Form GSTR-9C are effective for FY 2017-18 and FY 2018-19.
The last date for filing GSTR-9 and GSTR-9C for FY 2018-19 has been extended to 31st March 2020.
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