Option not to file Annual Return : Circular No. 124/43/2019


Option not to file Annual Return : Circular No. 124/43/2019 GST dated 18th November, 2019

• It is clarified that the tax payers, may, at their own option file FORM GSTR 9 for the said financial years before the due ate After the due date of furnishing the annual return for the year 2017 18 and 2018 19 the common portal shall not permit furnishing of FORM GSTR 9 for the said period.

• It is clarified that the tax payers under composition scheme, may, at their own option file FORM GSTR 9 A for the said financial years before the due date After the due date of furnishing the annual return for the year 2017 18 and 2018 19 the common portal shall not permit furnishing of FORM GSTR 9 A for the said period

• Section 73 of the said Act provides for voluntary payment of tax dues by the taxpayers at any point in time Therefore, irrespective of the time and quantum of tax which has not been paid or short paid, the taxpayer has the liberty to self ascertain such tax amount and pay it through FORM GST DRC 03

Accordingly, it is clarified that if any registered tax payer, during course of reconciliation of his accounts, notices any short payment of tax or ineligible availment of input tax credit, he may pay the same through FORM GST DRC 03

You May Also Refer : CBIC Issued Clarification regarding optional filing of GST annual return


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