Deadline Extended for GST Annual Return and Reconciliation Statement
The deadline to file your GST annual return and reconciliation statement for the 2017-18 financial year is now January 31, 2020.
- Document
- Removal of Difficulty - CGST Order No.10/2019 - Central Tax
- Dated
- 26 Dec 2019
- Effective
- 26th December, 2019
- Act by
- 31.01.2020
This page was written by Patron Accounting’s AI from the official release and reviewed before publishing. It explains the document in plain language. It is not the document itself. Where this page and the original differ, the original governs.
The short version
- The due date for GSTR-9 and GSTR-9C is extended to January 31, 2020.
- This applies to the financial year 2017-18.
- The extension addresses technical difficulties faced by businesses while filing online.
In short
This order from the Central Board of Indirect Taxes and Customs extends the filing deadline for the GST annual return (GSTR-9) and the reconciliation statement (GSTR-9C) for the 2017-18 financial year.
What has changed
How it worked before
Previously, the law required these documents to be filed by December 31, 2019.
What has changed
The government has pushed the deadline back by one month to January 31, 2020, to account for technical issues on the GST portal.
Who this affects
Most businesses registered under GST, excluding Input Service Distributors, government tax collectors, casual taxable persons, and non-resident taxable persons.
An example
If you run a manufacturing business registered under GST, you were previously racing to finish your 2017-18 annual return by December 31, 2019. Because of this order, you now have until January 31, 2020, to finalize your figures and submit your GSTR-9 and GSTR-9C without facing late filing issues.
What you should do
Ensure your GSTR-9 and GSTR-9C filings are completed and submitted electronically on the GST portal by the new deadline.
Deadline · 31.01.2020If you do nothing
Failing to file by the new deadline may result in late fees or penalties as prescribed under the GST law. It is important to complete the filing to avoid potential notices from tax authorities.
The terms explained
- GSTR-9
- An annual return form that summarizes all your GST-related transactions for the entire financial year.
- GSTR-9C
- A reconciliation statement that matches your GST returns with your audited financial statements.
- Input Service Distributor
- An office that receives tax invoices for services used by its branches and distributes the tax credit to them.
The original document
| Issued by | GST |
|---|---|
| Document | Removal of Difficulty - CGST Order No.10/2019 - Central Tax |
| Full title | Seeks to extend the last date for furnishing of annual return/reconciliation statement in FORM GSTR-9/FORM GSTR-9C for FY 2017-18 till 31.01.2020 |
| Issued on | 26 December 2019 |
| Effective | 26th December, 2019 |
About Patron Accounting LLP
Patron Accounting LLP is a CA and CS-led accounting and compliance firm that has been working with businesses across India since 2019. We handle the work that keeps a company correct with every department it answers to: day-to-day bookkeeping and accounting, GST registration and returns, income tax filing and assessments, TDS, payroll and PF/ESI, company and LLP incorporation, ROC and MCA compliance, statutory and internal audit, physical stock and inventory audits, trademark and other registrations, and the certificates and reports that banks, buyers and regulators ask for.
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