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Last date for filing of Income Tax and GST returns extended till 31st of December

SNN DESK by SNN DESK
October 26, 2020
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Government has extended the due date for filing GST Annual Return in FORM GSTR-9 and GSTR-9A and Reconciliation Statement in FORM GSTR-9C for Financial Year 2018-19 from 31st October to 31st December, 2020. Filing of Annual Return (FORM GSTR-9 and GSTR-9A) for 2018-19 is optional for taxpayers who had aggregate turnover below 2 crore rupees. The filing of Reconciliation Statement in FORM 9C for 2018-19 is also optional for the taxpayers having aggregate turnover upto 5 crore rupees.

Government had received a number of representations regarding the need to extend the due date for filing Annual Return and Reconciliation Statement for 2018-19 on the ground that due to COVID-19 pandemic related lockdown and restrictions, normal operation of businesses have still not been possible in several parts of the country.

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