Home >News >India >CBIC extends GSTR-9 and GSTR-9C filing dates for FY19 to 31 Dec, 2020
(Photo: Mint)
(Photo: Mint)

CBIC extends GSTR-9 and GSTR-9C filing dates for FY19 to 31 Dec, 2020

  • Decision has been taken because 'normal operation of businesses have still not been possible in several parts of the country' due to Covid-19, says CBIC
  • GSTR-9C is a statement of reconciliation between GSTR-9 and the audited annual financial statement

Government on Saturday extended due dates for filing Annual Return (GSTR-9) and Reconciliation Statement (GSTR-9C) for FY19 from 31 October, 2020 to 31 December 31, 2020.

Decision has been taken because "normal operation of businesses have still not been possible in several parts of the country" due to Covid-19, said Central Board of Indirect Taxes & Customs on Twitter.

Representations have been made on the grounds that due to the COVID-19 pandemic related lockdown and restrictions, normal business operations have still not been possible in several parts of the country, it said.

The statement said it has been requested that the due dates for the same be extended beyond October 31, 2020 to enable the businesses and auditors to comply in this regard.

"In view of the same, on the recommendations of the GST Council, it has been decided to extend the due date for filing Annual Return (Form GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from October 31, 2020 to December 31, 2020," the CBIC said.

GSTR-9 is an annual return to be filed yearly by taxpayers registered under the goods and services tax (GST). It consists of details regarding the outward and inward supplies made or received under various tax heads.

GSTR-9C is a statement of reconciliation between GSTR-9 and the audited annual financial statement.

Furnishing of the annual return is mandatory only for taxpayers with an aggregate annual turnover above 2 crore, while reconciliation statement is to be furnished only by the registered persons having an aggregate turnover above 5 crore.

Last month, the government extended the deadline for filing GST annual return and audit report for the financial year 2018-19 by a month till October 31.

In order to provide more time to taxpayers for furnishing of Income Tax Returns, the government has also decided to further extend the due date for furnishing of Income-Tax Returns as under:

(A) The due date for furnishing of Income Tax Returns for the taxpayers (including their partners) who are required to get their accounts audited [for whom the due date (i.e. before the extension by the said notification) as per the Act is 31 October, 2020] has been extended to 31 January, 2021.

(B) The due date for furnishing of Income Tax Returns for the taxpayers who are required to furnish report in respect of international/specified domestic transactions [for whom the due date (i.e. before the extension by the said notification) as per the Act is 30 November, 2020] has been extended to 31 January, 2021.

(C) The due date for furnishing of Income Tax Returns for the other taxpayers [for whom the due date (i.e. before the extension by the said notification) as per the Act was 31 July, 2020] has been extended to 31 December, 2020.

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