Updated on: December 17th, 2019 5:21 PM

GST Annual Return Due Date Extension

Due on November 30th

The CBDT has extended the 30th August deadline for filing GST annual return to now 30th November due to various technical reasons faced by taxpayers. Thus the new due date for GST Annual Return as under will be 30th November 2019 for the FY2017-18.

• GSTR-9 extended till 30th November 2019
• GSTR-9A extended till 30th November 2019
• GSTR-9C extended till 30th November 2019

Prior Extension

The 35th GST council Meeting was held at New Delhi on 21st of June 2019. In the meeting, various decisions were taken for the ease of GST Registration and Return Filing process. The due date for GST annual return filing is usually 31st December of each year for the FY ended on 31st March of the same calendar year. As per the notification, the extended due date for furnishing annual returns under GST for the FY 2017-2018 is as follows:

• Form GSTR-9, Form GSTR-9A and reconciliation statement in Form GSTR-9C to be extended till 31st of August 2019.
• Form GST ITC-04 for period July 2017 to June 2019 has been extended till 31st August 2019.
• Form CMP-02 for composition scheme by service providers has been extended till 31st July 2019.

Other Due Date Extensions

• Form GST CMP-02 for availing Composition Levy has been extended to 31st July 2019.
• Rule 138E of the CGST rules, pertaining to restrict the generation of e-way bills on non-filing of returns for 2 consecutive tax years, to be brought into effect from 21st of August 2019.
• The tenure of the anti-profiteering authority has been extended by two years till November 2021.

One-Form GST Return Filing System

The new single GST return form will be implemented for all by January 1, 2020. The new simplified returns filing format, the taxpayers are required to file one monthly return, except small taxpayers and a few exceptions. GST Registration by just using Aadhar Card in which an individual can register himself on the GSTN Portal and get the GSTN number. In the previous system, people have to provide various documents for registration and have to submit in physical and scan form. Now the Aadhaar number of a businessman would be entered into the system to minimise paperwork and tax evasion.

e-Invoicing System from January 2020

As per the announcement, this electronic invoicing technology in a phase-wise manner for B2B transactions and would be rolled out from January 2020. This system would help the taxpayers in backward integration and automation of tax relevant processes. It would also help the tax authorities in preventing the threat of tax evasion. The invoices will be issued via the GSTN portal and will act as an e-way bill where a separate e-way bill is not required.