{"id":2802,"date":"2020-10-09T17:06:40","date_gmt":"2020-10-09T17:06:40","guid":{"rendered":"https:\/\/www.gstpractitioners.in\/blog\/?p=2802"},"modified":"2020-10-09T17:22:19","modified_gmt":"2020-10-09T17:22:19","slug":"cbic-issued-press-release-for-gstr-9-9c-for-f-y-2018-2019","status":"publish","type":"post","link":"https:\/\/www.gstpractitioners.in\/blog\/cbic-issued-press-release-for-gstr-9-9c-for-f-y-2018-2019\/","title":{"rendered":"CBIC Issued Press Release for GSTR-9\/9C for F.Y : 2018-2019"},"content":{"rendered":"<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 1,617<\/span><\/div><h3><strong>CBIC Issued Press Release for GSTR-9\/9C for F.Y : 2018-2019<\/strong><\/h3>\n<p style=\"text-align: justify;\">1.CBIC already issued Vide notification No. 69\/2020 \u2013 Central Tax, dated 30.09.2020, the due date for furnishing of the Annual Return for the FY 2018-19 has been extended till 31.10.2020.<\/p>\n<p style=\"text-align: justify;\">2.Certain representations have been received stating that the auto populated GSTR 9 for the year 2018-19 (Tables 4, 5, 6 and 7) also includes the data for FY 2017-18. However, this information for FY 2017-18 has already been furnished by the taxpayers in the annual\u00a0 return (GSTR9) filed for FY 2017-18 and there is no mechanism to show the split of two years (2017-18 &amp; 2018-19) in FORM GSTR-9 for 2018-19.<\/p>\n<p style=\"text-align: justify;\">3.In this regard, it is clarified that the taxpayers are required to report only the values pertaining to Financial Year 2018-19 and the values pertaining to Financial Year 2017-18 which may have already been reported or adjusted are to be ignored.<\/p>\n<p style=\"text-align: justify;\">4.No adverse view would be taken in cases where there are variations in returns for taxpayers who have already filed their GSTR-9 of Financial Year 2018-19 by including the details of supplies and ITC pertaining to Financial Year 2017-18 in the Annual return for FY 2018-19.<\/p>\n<h4 style=\"text-align: justify;\"><em>NO FURTHER EXTENSION PROVIDED<\/em><\/h4>\n<p style=\"text-align: justify;\">5.All the taxpayers are requested to avail the benefit of the extended due date and file their Annual Return (FORM GSTR-9) at the earliest to avoid last minute rush. It may be noted that furnishing of the Annual return in FORMGSTR-9 is mandatory only for taxpayers with aggregate annual turnover above Rs. 2 crore while reconciliation statement in FORMGSTR-9C is to be furnished only by the registered persons having aggregate turnover above Rs. 5 crore.<\/p>\n<p><a style=\"background-color: #276793; color: #fff; padding: 10px;\" href=\"https:\/\/www.gstpractitioners.in\/blog\/wp-content\/uploads\/2020\/10\/PIB1663175-1.pdf\"> Read Press Release Here <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1,617CBIC Issued Press Release for GSTR-9\/9C for F.Y : 2018-2019 1.CBIC already issued Vide notification No. 69\/2020 \u2013 Central Tax, &#8230;. <\/p>\n","protected":false},"author":1,"featured_media":2804,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,2,55,48,40,47,30,28,37],"tags":[],"class_list":["post-2802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-annual-return-under-gst","category-blog","category-covid-19-relief","category-gst-audit","category-gst-council-meeting","category-gst-learning","category-gst-refund","category-gst-return","category-gstp"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/posts\/2802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/comments?post=2802"}],"version-history":[{"count":3,"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/posts\/2802\/revisions"}],"predecessor-version":[{"id":2805,"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/posts\/2802\/revisions\/2805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/media\/2804"}],"wp:attachment":[{"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/media?parent=2802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/categories?post=2802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gstpractitioners.in\/blog\/wp-json\/wp\/v2\/tags?post=2802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}