Due date for FY19 GST return filing extended till October 31

Our Bureau New Delhi | Updated on September 30, 2020 Published on September 30, 2020

One-month extension follows CBIC getting clearance from Election Commission

The Central Board of Indirect Taxes & Custom (CBIC) on Wednesday extended the last day for filing annual GST return for FY 2018-19 by one month, to October 31.

“After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, the Government has extended the due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020,” CBIC said in a tweet.

Also read: GST e-invoicing: Gradual roll-out will ease the pain

Abhishek Jain, Tax Partner at EY, said the tweet was one of the most awaited ones by the industry under GST and helps provide much-needed relief to businesses, who were struggling to finalise GST annual returns and GST audit certification because of Covid-led hallenges. "While this one is sorted, businesses are also eyeing a relaxation in e-invoicing compliances, (including) making it a voluntary one for a few months, which is slated for mandatory implementation from tomorrow (October 1),” he said.

Every GST assessee has to file an annual return in GSTR 9. Among these assessees, every registered taxable person whose turnover during a financial year exceeds ₹2 crore will also be required to get his accounts audited by a chartered accountant or a cost accountant and then submit a reconciliation statement in GSTR 9C along with GSTR 9.

Assessees under the composition scheme (businesses with turnover up to ₹1.5 crore) will be required to file the GSTR 9A form.

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Published on September 30, 2020
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