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gst-return-date-extended

GST Returns Date Extended Till Feb 28

Good news for all now the last date for filling your GST returns have been extended to 28th Feb from 31st December. As per the report The Central Board of Indirect Taxes and Customs (CBIC) extends the final date of filling the (GST) return for the fiscal 2020-21.

The Tweet by CBIC stated that;

“The due date for furnishing annual return in form GSTR-9 and self-certified reconciliation statement in form GSTR-9C for the financial year 2020-21 has been extended from 31.12.2021 to 28.02.2022. Notification No. 40/2021-Central Tax dated 29.12.2021 to this effect has been issued,”

The GSTR-9 is filled at annual basis by the taxpayers who are registered under the GST. It incorporates the information related to the inward and outward supplies made or received under various tax heads.

The reconciliation between the GSTR-9 and the annual fiscal statement is called the GSTR-9C statement.

It is a mandatory procedure to the file the annual GST return for the businesses having and annual turnover of Rs 2 crore.

However, the reconciliation statement are filled by those businesses who has an aggregate turnover over Rs 5 crore.

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