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.

Source: CBIC, Dept. of Revenue, Ministry of Finance, Govt. of India

In case you face any issues related to Indirect Tax-Customs, GST, Foreign Trade Policy (FTP), Arbitration matters and Central Licensing and related advisory matters in India then please feel free to get in touch with SJ EXIM Services. We offer Legal advice and litigation support in matters related to Indirect Tax-Customs, FTP, other Indirect Tax matters & Arbitration law, all sorts of Central licensing and related matters. Come and explore the new way of doing business with us!

Connect for B2B & G2G Business

@ Team S J EXIM SERVICES, New Delhi, IN

CP: Ms. Shubhra Jha

Web:  http://www.sjexim.services

EMAIL: operations@sjexim.services | shubhra@sjexim.services

TEL NO: +91-9999005693

Facebook: Facebook Page

We Design & Create Solutions for Government, Corporates, MSME & Individuals across Industry Verticals

DISCLAIMER:

1. The views are of the Author based on his/her interpretation of the relevant information/documents, applicable law, and government policy and there is no assurance that a court or tribunal or regulatory body or other governmental authority may not interpret it differently.

2. We are not responsible for updating or revising this article on account of any change in law or interpretation thereof or a change in events or circumstances informed or occurring after the date of this article unless specifically requested for it.

3. Our advice should not be taken or used out of context or reproduced for any other purpose or transaction. Views expressed in this update are strictly personal, based on our understanding of the underlying law. We are not responsible for any injury, loss or cost arising to any person who refers to this update and acts or refrains from any act accordingly. We would suggest that detailed legal advice must be sought before relying on this update.

NOTE: All Inquiries/Pro Bono Consulting/Assignments are solicited via email only & it is a PAID Service only!