GST update: Due date for Annual Return and GST Audit for FY 17-18 and FY 2018-19
The Ministry of Finance has issued a press release to extend the due date of FORM GSTR – 9 (Annual Return) and GSTR – 9C (GST Reconciliation Statement and GST Audit Report) as follows-
|Financial Year||Earlier Due date||Extended Due Date|
|2017-18 (July to March)||30th November, 2019||31st December, 2019|
|2018-19||31st December, 2019||31st March, 2020|
Also, there are following changes proposed in the Annual return (GSTR-9) & GSTR-9C to simplify the same-
- HSN level details of inward supply and outward supply to be made optional.
- Split of Input tax credit availed on Inputs, Input services, Capital goods.