Relaxations Not Available For FY 2019-20 And Onwards In Filing GSTR 9 And 9C

Furnishing of Annual Return by Small Supplier

Registered Person had the option to not to file the Annual Return GSTR 9 provided the  Aggregate Turnover does not exceed Rs. 2 crore vide Notification No- 47/2019 Central Tax dated 9th October 2019.

FY 2019-20 and Onward- Every Registered Person irrespective of the turnover has to file GSTR 9.

GSTR 9 (Annual Return)

√ Table 4- Details of Outward Supplies can be reported with net off Credit Notes in GSTR 9 for FY 2017-18 and FY 2018-19.

√ Table 4- Details of Outward Supplies can be reported with net off Debit Notes in GSTR 9 for FY 2017-18 and FY 2018-19.

√ Credit of Input Tax on Inputs, Input Services and Capital Goods had the option to report the amount in consolidated manner under head Inputs

√ Table 7H- Registered Person had the option to report reversal under various heads in consolidated manner under Table 7H

√ Table 8 GSTR 2A- Reporting in Table 8 was optional subject to conditions

√ Table 15 Report of Refunds and Demands was optional

√ Table 16- Information about the supplies from composition taxpayers was optional

√ Table 17- Reporting of HSN Wise Outward was optional

√ Table 18- Reporting of HSN Wise Inward Supplies was Optional

Summary details are required to be declared only for those inward supplies which in value independently account for 10 % or more of the total value of inward supplies.

GSTR 9C (Reconciliation Statement)

√ Table 14 of GSTR 9C- Reporting of Expense wise credit of input tax is optional

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4 Comments

  1. CA Neeraj Kumar Jain says:

    Please refer Notification No 77/2020-Central Tax Dated 15th October, 2020 providing that Taxpayers who are having a turnover of less than Rs 2.00 crores are given an option of not filing of Annual Return for the Financial Year 2019-20.

    So for F.Y.2019-20 Annual return up to turnover of Rs.2 crore is option.

  2. avinash kumar says:

    Sir,
    Notification 77 has been issued to amended Notification 47
    “In the said notification in the opening paragraph, for the words and figures ―financial years
    2017-18 and 2018-19‖, the words and figures ―financial years 2017-18, 2018-19 and 2019-
    20‖ shall be substituted.”

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