Categories: Economy

New changes in GSTR-9 and 9C implementation extended till December 21

A few weeks ago, the Central Government had made a few iterations in the annual return forms of GSTR-9 and the reconciliation statement of GSTR-9C through Notification No. 56/2019 that was dated November 14, 2019. According to these iterations in the application software and the tools available offline will be made available to tax professionals by the 10th of December 2019.

Also Read: GoM to study the issue on GST compensation for several States

The Central Board of Indirect Taxes and Customs (CBIC) has extended the enabling new changes in annual returns of GSTR-9 and the reconciliation statement (GSTR-9C) to December 21, 2019.

As per the recently released information regarding the simplification of GSTR-9 (annual return) and GSTR-9C (reconciliation statement) which let the taxpayers to not submit split of input tax credit availed on inputs services, inputs and capital goods and to not to provide HSN level details of inputs or outputs, etc, for the financial year 2017-2018 and 2018-2019.

For any clarifications/feedback on the topic, please contact the writer at shilpi.guha@cleartax.in

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