Arjuna (Fictional Character): Krishna, what is the debate going on for filing of GSTR-9 and GSTR-9C GST returns?
Krishna (Fictional Character): Arjuna, As shakespeare had a question “To be or not to be” a similar question is bothering Auditors and Taxpayers after issue of notification on 14-11-2019, wherein form GSTR-9 (Annual Return) and GSTR-9C (Audit report) were simplified. As per latest tweet the new template for filing returns would be made available on 10th December 2019. So, the question is whether to file GSTR-9 and GSTR-9C before 10th December 2019 or not.
Arjuna: Krishna, what if the taxpayers file GSTR-9 for F.Y 17-18, before 10th December 2019?
Krishna: Arjuna, if the taxpayers file GSTR-9 for F.Y 17-18, before 10th December 2019 there would be no issue but following details may be provided
Arjuna: Krishna, what if the taxpayers file GSTR-9C for F.Y 17-18 before 10th December 2019?
Krishna: Arjuna, if the taxpayers file GSTR-9C before 10th December 2019 there would be no issue but following details may be provided-
Arjuna: Krishna, what if the taxpayers file GSTR-9 and GSTR-9C for F.Y 17-18 after 10th December 2019?
Krishna: Arjuna, the utility for filing GSTR-9 and GSTR-9C would be available till 10th December 2019. The taxpayers would get relief from various reporting requirement, as it is made optional. But the due date for filing GSTR-9 and GSTR-9C is 31th December 2019.
Arjuna: Krishna, When should one file Annual return and Audit report for F.Y 18-19?
Krishna: Arjuna, the utility for filing GSTR-9 and GSTR-9C is not yet made available. So, one cannot file returns as of now.
Arjuna: Krishna, what lesson one should learn from this?
Krishna: Arjuna, there are continuous changes made in GST, which is leading to confusion. One should cautiously file GSTR-9 and GSTR-9C, if one decides to file it before 10th December 2019. Proper notes and disclosures should be made and if one decides to wait till new utility is made available care must be taken that there is no last-minute hurry.
Nice Guidance by Krishna to Arjuna to win in the battlefield.
In a like vein : INTenDED or Not – promotes KRISHNA consciousness !
sir
Irequire a clarification, my clerk filed the GSTR 9 return on 5Apr19 for Fin Yr 2017-18,firstly he entered OK on auto generated data thereafter he entered Rs 28358276 instead of 2649034 .In view of revision of GSTR 9 &9C wef 10 Dec19.Can we cancel our wrong return earlier filed &resubmit as per new format/changes.Kindly advise as we are in tension.Thanks col sk chakravarty Steadfast Security Guards &Services
in last comment the amount entered was in Sales Exempt coln