In a very peculiar situation for the taxpayers, there is an only a 1-month gap between the annual return filing of GSTR 9, 9A and 9C for the whole two years of annual data.
Yes, this may be a complex task for both taxpayers as well as tax professionals who will have to juggle through thousands of invoice, transactions details of these two years within the period of only 1 month.
The government might not help the taxpayers and tax professionals in this case as it has already been extending the due dates of GSTR 9 annual return CBIC again extended the due date of GSTR 9, 9A and 9C for FY 2017-18 till 31st December 2019 and FY 2018-19 till 31st march 2020 for quite a long time.
For example, the GST department has extended the due date of annual return for the financial year 2017-2018 for a total of 4 times which looks weird and confusing.
At first it was fixed at 31st march which was extended till 30th June and then further to 31st August which is still 3 to 4 days away from today. And now it is extended till 30th November.
Read Also: How to File GSTR 9 Easily Via Gen GST Software Version 2.0? Easy to learn about the procedure of filing GSTR 9 Annual return form for regular taxpayers via Gen GST software version 2.0. Also, we attached the PDF file for clear understanding
However, extending the date till 30th November may worsen the situation further for the taxpayers and tax professionals due to a lesser gap between the filing dates of two financial years (2017-18 & 2018-19).
The government must have thought upon this factor still couldn’t do anything and kept the burden on the taxpayers and tax professionals itself. Let us see how the community will cope up with this situation and file their annual return on time.