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Govt shifts GST returns filing deadline for FY19 by one month

The deadline for filing yearly return for the financial year 2018-19 as per GST regime has been extended to one month. According to GST latest updates, post having needful clearances from the election commission insight of the Model Code of Conduct, it has been decided by the government to extend the due date. The due date for filing annual return in GSTR-9 and GSTR 9C for the financial year 2018-19 has been fixed to 31st October 2020, being shifted from 30th September 2020. This has been confirmed by the Central Board of Indirect Taxes and Customs (CBIC) through their Twitter post on Wednesday.

According to the government, a notification for the concerned updated will be issued as well. This move has been taken to benefit the taxpayers, according to the experts.

Considering most companies are struggling to execute the e-invoicing from 1st October extension of GST annual compliances, this extension is expected to give them the much-needed accomplishment. They anyway wouldn’t be able to meet the earlier deadline.

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