The Government has decided today to extend the due
dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation
Statement) for
Financial Year 2017-18 to 31 st December 2019 and for
Financial Year 2018-19 to 31 st March 2020.
The Government has also decided to simplify these
forms by making various fields of these forms as optional.
Central Board of Indirect Taxes & Customs (CBIC)
today notified the amendments regarding the simplification of GSTR-9 (Annual
Return) and GSTR-9C (Reconciliation Statement) which inter-alia allow the taxpayers
to not to provide split of input tax credit availed on inputs, input services
and capital goods and to not to provide HSN level information of outputs or
inputs, etc. for the financial year 2017-18 and 2018-19.
CBIC expects that with these changes and the extension
of deadlines, all the GST taxpayers would be able to file their Annual Returns
along with Reconciliation Statement for the financial years 2017-18 and 2018-19
in time. Various representations regarding challenges faced by taxpayers in
filing of GSTR-9 and GSTR-9C were received on which by the Government has acted
in a very responsive manner.
It may be noted that earlier the last date for filing
of GSTR-9 and GSTR-9C for Financial Year 2017-18 was 30 th November 2019 while
that for Financial Year 2018-19 was 31 st December 2019. Notifications implementing
the decisions as above have been issued today
No comments:
Post a Comment