Notification No. 47/2019-Central Tax dated 9th October, 2019 provide the special procedure for Registered persons, whose aggregate turnover in a F.Y. does not exceed Rs. 2 Crore and not furnished the Annual return
![Clarification regarding optional filing of Annual Return under GST Clarification regarding optional filing of Annual Return under GST](/img/preview/paidnfree/hnck.jpg)
Notification provided that Annual return shall be deemed to be furnished on the due date if it has not been furnished before the due date for F.Y. 2017-18 and 2018-19, in respect of those registered persons.
Board clarifies the issues vide Circular No. 124/43/2019-GST dt. 18.11.2019 as below:
As per proviso of Rule-80(1) of CGST Rules, a person paying tax u/s-10 is required to furnish the annual return in FORM GSTR-9A.
Notification has made optional to furnish the annual return for FY 2017-18 and 2018-19 for Registered persons, whose aggregate turnover in a F.Y. does not exceed Rs.2 crore rupees.
It is clarified that Tax Payers under composition scheme, may, at their own option file FORM GSTR-9A for the said F.Y. before the due date and after due date, the common portal shall not permit furnishing of FORM GSTR-9A for the said period.
As per Rule 80(1) of CGST Rules, every Registered Person other than an ISD, a person paying tax u/s-51 or 52, a casual taxable person and a Non-Resident Taxable person, shall furnish an annual return in FORM GSTR-9.
Notification made optional for those registered persons, whose aggregate turnover in a F.Y. does not exceed Rs. 2 crore to furnish the annual return for FY 2017-18 and 2018-19.
It is clarified that the tax payers, may, at own option file FORM GSTR-9 for the said F.Y. before the due date and after due date, common portal shall not permit furnishing of FORM GSTR-9 for the said period.
Section 73 of CGST Act provides for voluntary payment of tax dues by the taxpayers at any point in time. Taxpayer has the liberty to self-ascertain such tax amount and pay it through FORM GST DRC-03.
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