Due date to file GSTR-9 9C for FY 2019-20 is extended to 31.03.2021

Source : PIB 28.02.2021

First due date

The due date to file GST Annual return for FY 2019-20 was 31.12.2020.

First extension of due date

But, since, the annual return for FY 2018-19 was not filed by that date and the due date of said return was also the the same date i.e. 31.12.2020, the due date was extended for FY 2019-20 till 28.02.2021.

Second extension

The due date is extended till 31.03.2021 vide Press release dated 28.02.2021. Refer.

Filing enabled in GSTN

The facility to file GSTR-9 for FY 2019-20 was made available by GSTN on 10.12.2020. Refer new and update 10.12.2020

Advisory

Thereafter, advisory on GSTR-9C was published on 22.02.2021 (Refer) and on GSTR-9 on 24.02.2021 Refer.

GSTR-9 Exemption

The filing of GSTR-9 is exempted for the taxpayer whose turnover did not exceed two crore rupees Refer Notification 77/2020 – Central Tax dated 15.10.2020.

GSTR-9C Exemption

The section 35(5) read with rule 80(3) states that for FY 2019-20 every registered person whose aggregate turnover exceeds five crore rupees shall get his accounts audited by a Chartered Accountants or a Cost Accountants. This This indicates that the taxpayers whose turnover did not exceeded five crore rupees need not get his accounts audited for the said year.

Tables optional in GSTR-9 & 9C

Further certain table which were optional for FY 2017-18 & FY 2018-19 is also made optional for FY 2019-20 vide Notification 79/2020-Central Tax dated 15.10.2020. Refer

The tables are :

1. There is an option in furnishing the input tax credit in table 6B, 6C, 6D, 6E of GSTR-9, into two heads instead of three. ITC on capital goods will have to be furnished separately and, ‘inputs’ and ‘input services’ can be either shown separately or in ‘inputs’ itself.
2. Also, there is an option to furnish the input tax credit details in table 6C and 6D or in 6D only.
3. The ITC reversal in table 7 can either be shown separately in 7A, 7B, 7C, 7D, 7E, 7F, 7G or it can be shown in 7H itself
4. Table 8A contains details of ITC auto-populated from GSTR-2A as on 01.11.2020.
5. Table 15A, 15B, 15C & 15D, pertaining to the details of refund claimed, refund sanctioned etc. is optional.
6. Table 15E, 15F & 15G pertaining to demands of taxes etc. is optional.
7. Table 16A pertaining to detail of purchase from composition dealer is optional.
8. Table 16B pertaining to deemed supply to job-worker is optional
9. Table 16C pertaining to deemed supply of goods sent on approval basis
10. Table 17 & 18 pertaining to HSN summary for outward supplies and inward supplies is optional.
11. Table 14 of GSTR-9C is optional. This table asks for reconciliation of ITC declared in GSTR-9 with ITC availed on expenses as per audited annual financial statement or as per books.