Tax Informatics And Compliance Kendra

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 31st 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 31st December 2019. Notifications implementing the decisions as above have been issued today.

Dear Taxpayer,

It is to inform you that, late fee payable on filing of Form GSTR 1, Form GSTR 3B & Form GSTR 4, pertaining to the tax period from July 2017 to September 2018, if filed between the period 22ndDecember 2018 till 31st March 2019, has been completely waived off.

Thus, now no late fee will be charged from taxpayers in respect of their filing of Form GSTR 1, Form GSTR 3B or Form GSTR 4, pertaining to period July 2017 to September 2018, if filed between the period from 22nd December 2018 till 31st March, 2019. However there is no waiver of late fee for the tax period from October 2018 onward.

You are therefore advised to file your Form GSTR 1, Form GSTR 3B or Form GSTR 4 on GST portal, for the above period, if not filed so far.

Please refer to Notification No. 75/2018 , 76/ 2018 & 77/2018 -Central Tax all dated 31/12/2018, issued by Central Board of Indirect Taxes and Customs, in this context.

f you have already filed Form GSTR 1, Form GSTR 3B or Form GSTR 4 for this period, please ignore this mail. Do remember you can’t file latest GST Forms until you filled pending ones.

This is for your information please.