Why GST Annual Return date Should not be extended

By | January 19, 2019
(Last Updated On: January 19, 2019)

Why GST Annual Return date Should not be extended

Section 36 of CGST Act, 2017 requires a registered person to keep and maintain books of accounts or other records for a period of 72 months from the due date of furnishing the annual return (i.e. 30th June 2019 of subsequent financial year for FY 2017-18 ) for the year pertaining to such accounts and records. Thus, records for FY 2017-18 are to be maintained till 30th June 2025.

Therefore once the due date of GST Annual return is extended , the cost of compliance of the GST registered taxpayer will also increase.

Refer GST Anuual Return : Complete Guide

2 thoughts on “Why GST Annual Return date Should not be extended

  1. Pingback: GST Annual Return : Complete Guide : GSTR 9, 9A, 9B ,9C - Tax Heal

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