Can a Registered Person file GSTR 9 (annual Return ) for FY 2017-18 even now?
The actual due date was 07.02.2020. A person can file GSTR 9 for FY 2017-18 even after 07.02.2020 with late fees. However, filing of GSTR 9 is made optional for FY 2017-18 if the Aggregate Turnover is less than 2 Crores.
Moreover, As per GST Council recommendation, Late Fees for financial Year 2017-18 is waived for small Tax payers (having aggregate Turnover less than 2 Crore). However, the Notification for such late fees waiver is not yet Notified by Central Government.
Based on above, the Answer is given below:
If Aggregate Turnover is above Rs. 2 Crore - It is mandatory to file Annual Return with late fees.
If Aggregate Turnover is less than 2 Crores - Filing of Annual Return is Optional. However, if a person wish to file Annual Return, he can file even after 07.02.2020 without late fees after the relevant Notification has come for waiver of late fees as per GST Council recommendation.
I think is better to file annual return FY 2017-18 Because its help to base data for filing replay against notice
ReplyDeleteThis is the first time and read multiple blogs. I must say, your way of mentioning details is bit different and unique. Don't change it and I guess GST Registration is better for the brand which are there in the market and GST Return filing everyone must and should submit for better future and india.
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