Govt extends due date for filing FY20 GST annual returns till March 31
The government on Sunday extended the deadline for filing GST annual returns for 2019-20 fiscal by a month till March 31.
This is the second extension given by the government. The deadline was earlier extended from December 31, 2020, to February 28.
In view of the difficulties expressed by the taxpayers in meeting this time limit, Government has decided to further extend the due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 to March 31, 2021 with the approval of Election Commission of India, the Finance Ministry said in a statement.
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 different tax heads.
GSTR-9C is a statement of reconciliation between GSTR-9 and the audited annual financial statement.
On the extension, AMRG & Associates Senior Partner Rajat Mohan said, Even though it is a relatively small ...