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CBIC enables GST Annual Return filing for FY 2019-20

CBIC enables GST Annual Return filing for FY 2019-20

Posted in Uncategorized

Dated: 16.12.2020

CBIC enables GST Annual Return for FY 2019-20

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the GST Annual return for the FY 2019-20 is now available for all eligible taxpayers post computation of table 8A of GSTR-9. GSTR-9 is an annual return to be filed yearly by taxpayers registered under GST. It is the details regarding the outward and inward supplies made/received during the relevant previous year under different tax heads i.e. CGST, SGST & IGST and HSN codes. It is a consolidation of all the monthly/quarterly returns (GSTR-1, GSTR-2A, GSTR-3B) filed in that year. Though complex, this return helps in extensive reconciliation of data for 100% transparent disclosures.

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