Central Board of Indirect Taxes and Customs ( CBIC ) vide Press Release dated 24th October, 2020 had intimated about extension in the due dates for filing of GST Annual Return (GSTR-9) and Reconciliation Statement ( GSTR-9C) for 2018-19 from 31st October,2020 to 31st December 2020 on the grounds that on account of the COVID-19 pandemic related lockdown and restrictions, the normal operation of businesses have still not been possible in several parts of the country. In the press release it was stated that the Notifications to give effect to this decision would follow.
In view of above Notification No. 80/2020- Central Tax dated 28th October, 2020 has been issued which has amended Notification No. 41/2020- Central Tax dated 5th May,2020 to extend the due date for furnishing of Form GSTR 9 and 9C for FY 2018-19 till December 31, 2020.
The Notification now reads as under:
“In exercise of the powers conferred by sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with rule 80 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as the said rules), and in supersession of notification No. 15/2020-Central Tax, dated the 23rd March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 198(E), dated the 23rd March, 2020, except as respects things done or omitted to be done before such supersession, the Commissioner, on the recommendations of the Council, hereby extends the time limit for furnishing of the annual return specified under section 44 of the said Act read with rule 80 of the said rules, electronically through the common portal, for the financial year 2018-2019 till the 31st December, 2020.”
It may be noted that filing of Annual Return (FORM GSTR-9/ GSTR-9A) for 2018-19 is optional for taxpayers who had aggregate turnover below Rs. 2 Crore. The filing of reconciliation Statement in FORM 9C for 2018-19 is also optional for the taxpayers having aggregate turnover upto Rs. 5 Crore.
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