Form RFD-01, Form GSTR-9, Form GSTR-9C Simplified – GST Notification 56/2019

Update: The last date to file GSTR 9 and GSTR 9C has been extended till December 31, 2019, from November 30, 2019.

Understanding the difficulties being faced by the taxpayers while filing their annual return forms GSTR 9 & 9C, relief has been issued by the CBIC through the notification no 56/2019.  As per the notification, the due date to file annual returns along with the reconciliation statement has been extended by a month, i.e. December 31, 2019.

Furthermore, the notification simplifies the filing process of the annual return forms by making many tables optional.

The key changes implemented  in GSTR 9 and 9C are as follows:

Simplifying Annual Returns

Changes incorporated in form GSTR 9

  • Option to report outward taxable (Table 4B to 4E) and exempt supplies (Table 5A to 5F)as net of credit/debit notes or net of amendments in case there is any difficulty in reporting such details separately in this table.
  • Option to either separately report the supplies as exempted, nil rated and Non-GST supply or report consolidated information for all these three heads in the “exempted” row only.
  • Option to either report the breakup of the input tax credit as inputs, capital goods and input services or report the entire input tax credit under the “inputs” row only for normal inward, RCM and Imports.
  • Option to either fill information on reversals separately in Table 7A to 7E or report the entire amount of reversal under Table 7H (Other Reversals) only. However, reversals on account of TRAN-1 credit (Table 7F) and TRAN-2 (Table 7G) are to be mandatorily reported.
  • ITC as per GSTR-2A in Table 8A shall be auto-populated as on 1 November 2019 for FY 2018-19.
  • Option to upload the details for the entries in Table 8A to 8D duly signed in PDF format in FORM GSTR-9C (without the CA certification)
  • Option to not fill table 12 [i.e. Reversal of ITC availed during the previous financial year] and table 13 [ie. ITC availed for the previous financial year].
  • Any ITC which was reversed in the FY 2018-19 as per Section 16(2) but was reclaimed in FY 2019-20, the details of such ITC reclaimed shall be furnished in the annual return for FY 2019-20.
  • Option to not fill table 15,16,17 and 18 [i.e. demand/refund-related details, supplies from composition dealers or goods sent on approval and HSN of outward and inward supplies]

Changes incorporated in form GSTR 9C

  • Option to not fill table 5B to 5N. If there are any turnover adjustments required to be reported then the same may be reported in Table 5O.
  • Option to not fill table 12B and 12C [ITC adjustments for booked earlier but claimed in the current year or booked in current year but to be claimed in subsequent year].

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Notification 56/2019-Central Tax ,dt. 14-11-2019

Notification 56/ 2019 Central Tax seeks to carry out Seventh amendment (2019) in the CGST Rules, 2017. [Primarily related to Simplification of the Annual Return / Reconciliation Statement].

Changes in Refund Form RFD-01

Changes in refund form (RFD-01) has been made to integrate the issues like ITC accumulated due to Inverted duty Tax structure,  refund by SEZ on account of supplies received from DTA, etc. Thus, this revised refund form is an improvise & streamlined manner of claiming GST refund.

Abhishek Sharma

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