Month: February 2021

Govt extends due date for filing FY20 GST annual returns till March 31

The government on Sunday prolonged the deadline for filing GST once-a-year returns for 2019-20 fiscal by a month until March 31.

This is the second extension supplied by the government. The deadline was previously prolonged from December 31, 2020, to February 28.

In watch of the issues expressed by the taxpayers in meeting this time limit, Government has decided to even more lengthen the because of day for furnishing of GSTR-nine and GSTR-9C for the fiscal 12 months 2019-20 to March 31, 2021 with the approval of Election Commission of India, the Finance Ministry explained in a assertion.

GSTR nine is an once-a-year return to be submitted annually by taxpayers registered under the Goods and Solutions Tax (GST). It is composed of details concerning the outward and inward materials designed or acquired under various tax heads.

GSTR-9C is a assertion of reconciliation involving GSTR-nine and the audited once-a-year fiscal assertion.

Read More