The Ministry of Finance vide its notification dated 11th December, 2018 has extended the last date for filing of the annual return of GST for the period from 1st July, 2017 to 31st March, 2018 to 31st March, 2019. The annual return is required to be filed online, but the system is not yet ready at their end, so the extension.
Every registered person, a casual taxable person and a non resident taxable person is required to file this annual return electronically.
The form for the annual return is not ready, so one does not know the contours of this return. Already taxpayers are burdened with two returns GSTR3B and GSTR1. The latter could be quarterly for taxpayers who have less than Rs.1.5 crore turnover and they have to opt for quarterly method of filing.
One does not know what is the reason for one more return under the GST regime. It does not help in "ease of doing business"
Every registered person, a casual taxable person and a non resident taxable person is required to file this annual return electronically.
The form for the annual return is not ready, so one does not know the contours of this return. Already taxpayers are burdened with two returns GSTR3B and GSTR1. The latter could be quarterly for taxpayers who have less than Rs.1.5 crore turnover and they have to opt for quarterly method of filing.
One does not know what is the reason for one more return under the GST regime. It does not help in "ease of doing business"
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