Annual return tab enabled on GST portal; FIEO appreciates the initiative
The Goods and
Services Tax Network (GSTN) has enabled the option of
‘Annual Return
Tab’ on GST portal for filing annual GST return.
Calling it a good initiative on part of government, Ajay Sahai,
Director General of Federation of Indian Exports Organization (FIEO)
while talking to KNN India said “We have already informed exporters that
they have to be little careful while filing the GST annual return.”
While filing the return, sum total of the monthly return should be matched with the annual return, he added.
He pointed “If annual return not matches with the sum total of monthly return, it will create problem for exporters.”
Requesting the government, Sahai said “If there are any errors, we
request government to give some reasonable time to the exporters to
review this data.”
Yesterday, GSTN has enabled the option by creating a tab for filing
GST Annual Return on GST Portal, there are high chances that GST Annual
Return Utility may be released very soon.
The Due date for filing Form GSTR– 9 i.e. (Annual Return) for the
financial year, 2017-18 is December 31, 2018 and till date there is no
such offline or online utility is available by GST department.
Draft GSTR 9 based on the returns filed by taxpayers is made available on GST portal for download.
GSTR 9 form is an annual return to be filed once in a year by or
before the 31st December following the end of such financial year, by
the registered taxpayers under GST including those registered under
composition levy scheme.