In the CGST Notification – 56/2019, the Central Board of Indirect Taxes & Customs (CBIC) has made changes to the GSTR 9 and GSTR 9C form and extended their due dates for both financial years 2017-18 and 2018-19. In hope that these changes along with the extended due dates will help Tax Payers file their GSTR 9 and GSTR 9C forms with ease and in time.
As on 14th November 2019, the government has extended the due dates to file GSTR 9 and GSTR 9C for the financial year 2017-18 to 31st December 2019 and the due date for the financial year 2018-19 is moved to 31st March 2020.
The (CBIC) has simplified the GSTR 9 and GSTR 9C forms in this notification.
For FY 2018-19, aggregate value of input tax credit availed on all inward supplies received during April 2018 to March 2019 but credit on which was availed between April 2019 to September 2019 should be declared in table 8C.
For FY 2018-19, details of amendments to any of the supplies already declared in the returns of the previous financial year but such amendments were furnished in table 9A, table 9B and table 9C of form GSTR 1 of April 2019 to September 2019 needs to be declared in table 10 and 11.
For FY 2018-19, aggregate value of reversal of ITC which was availed in the previous financial year but reversed in returns filed for the months of April 2019 to September 2019 shall be declared in table 12. Table 4B of form GSTR 3B may be used for filling up these details. For FY 2017-18 and 2018-19, table 12 is optional.
For FY 2018-19, details of ITC for goods or services received in the previous financial year but ITC for the same was availed in returns filed for the months of April 2019 to September 2019 needs to be recorded in table 13. Table 4A of form GSTR 3B may be used for filling up these details. However, any ITC which was reversed in the FY 2018-19 but was reclaimed in FY 2019-20, shall be furnished in the annual return for FY 2019-20. For FY 2017-18 and 2018-19, the tax payer can consider this table optional.
Tables 15A to 15G, 16A to 16C, 17 and 18 are optional going forward.
Tables 12B and 12C are now optional.
Tax payer can consider the table 14 optional.