As we all now the due date for filing GST Annual Return and GSTR-9C is 30.09.2020. But still there is no clarification regarding the manner of presenting details in the respecitve returns 1. SALES As far as sales are concerned there can be two views As per BOA: If we present sales as per BOA in Table 4 of GSTR-9, then we may end up in either of the two different scenarios 1. If we state th..
GSTR-9 is an annual return, to be filled by registered dealers, which contains a consolidated summary of all monthly returns, i.e. GSTR-1, 2A, and 3B under CGST, SGST and IGST during the entire year, along with turnover and audit details for the same. ..
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/..
The Tax Bar Association of Jodhpur had filed a PIL in Hon’ble High Court of Rajasthan regarding difficulties being faced by the tax practitioners and the taxpayers while filing GSTR-9 and GSTR-9C. The hon’ble high court of Rajasthan after considering the matter directed that the taxpayers are now eligible to file GSTR-9 and GSTR-9C till the 12th of February without filing any late fees. In response to this, the Union of India had filed an SLP against the order of Hon'ble High Court of Rajasthan. In response to the SLP the Hon'ble SC refused to interfere in ord..
The GST-Tech has released the past 10 days filing trend of GSTR 9 and 9C (Regular taxpayers). Here are the details: ..
The Tax Bar Association of Jodhpur filed a PIL in Hon’ble High Court of Rajasthan regarding difficulties being faced by the tax practitioners and the taxpayers while filing GSTR-9 and GSTR-9C. The hon’ble high court of Rajasthan after considering the matter directed that the taxpayers are now eligible to file GSTR-9 and GSTR-9C till the 12th of February without filing any late fees. Here is the order of the Hon’ble high court of Rajasthan. HIGH COURT OF JUDICATURE FOR RAJASTHAN JODHPUR D.B. Civil Writ Petiti..
CBIC has notified that considering the difficulties being faced by taxpayers in filing GSTR-9 and GSTR-9C for FY 2017-18 it has been decided to extend the due dates in a staggered manner for different groups of States to 3rd, 5th and 7th February 2020 as under. Group 1: Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Puducherry, Telangana, Andhra Pradesh, Other Territory - 3rd February 2020 Group 2: Jammu and Kashmir, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Gujarat- 5th February 2020. Group 3: Bihar, Sikkim, Ar..
The last date of filing GSTR-9 and GSTR-9C for the Financial Year 17-18 is the 31st of January 2020. The new version of GSTR-9C was made available in December. The tax practitioners had been raising concerns about filing returns within such a short duration. This is what the GSTN had to say: Query- New version of GSTR9C was made available on the Portal in December 2019. How can we file within one month? Ans -The offline tool for preparation and upload of GSTR 9C was provided on the Portal in April 2019. A total of 51,881 taxpa..
Witnessing the various complexities that the tax practitioners are facing while filing the GST Annual Returns. Various Tax Bar Associations have been seeking representation to extend the due date to file the GST Return for FY 2017-18. Inline the Bhartiya Udyog Vyapar Mandal has also made a representation. The same has been reproduced below: ..
The due date for filing GSTR-9C that is 31st of January is approaching near. Tax practitioners are struggling with certain issues regarding OTP, Error while uploading Balance Sheet and the Profit &Cost Statement. In respect of the error while uploading the Balance Sheet the Profit &Cost Statement. The GSTN issued an advisory on the filing of GSTR-9C, which is as follows: Advisory on the filing of GSTR-9C Issue: Error while uploading Balance Sheet and Profit & Cost Statement while filing GSTR- 9C. <..