Almost all the traders are in problem due to the goods and services tax annual return form which is to be filed by the year-end i.e. 31st December. Also, the form will be filed for the first time which means that the taxpayers are not sure about the details to be asked by the form.
The major issues are that the GSTN portal for GSTR 9 annual return form is not even opening as the announcement to file the annual return form has been done around 3 months earlier but at the end moment, the portal is not functioning well enough.
The officers have acknowledged that such issues and complaints are coming from the trader’s body while the traders will have also to file VAT return of 3 months alongside.
The VAT details will require the transactional details of the financial years 2017-18 of the last 9 months. While in the GSTR 9 annual return form, the traders will also have to include any such detail which they have left in the monthly return.
Read Also: Differences Explained Between GSTR 9 Annual & GSTR 9C Audit Return Forms
Now it is to be seen that how the government will be tackling this issues of annual return form as there is only one month left to file the returns and there is a lot of to be filed concerning the whole year’s details required in the form.