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Annual GST Return Filing Extended To February 28, 2022
On Wednesday, the centre extended the deadline to file GST annual returns for Fy 2021 ended March 2021 till February 28.
"The due date for furnishing annual return in FORM GSTR-9 & 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," the Central Board of Indirect Taxes & Customs (CBIC) tweeted.
The GST annual return is filed in GSTR 9 and is a requirement to be met by every taxpayer registered under the GST. The form details about the outward and inward.
Notably, GSTR-9C on the other hand is a reconciliation statement between GSTR-9 and the audited annual financial statement. Annual return filing under GST is mandatory for taxpayers with annual aggregate turnover of more than Rs. 2 crore while reconciliation statement is to be furnished only by the registered persons having aggregate turnover above Rs. 5 crore
