Circular No. 124/43/2019 - GST
CBEC-20/16/04/18-GST
Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes and Customs
GST Policy Wing
*****
New Delhi, Dated the 18th November, 2019
To,
The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/
Commissioners of Central Tax (All) / The Principal Director Generals/ Director
Generals (All)
Madam/Sir,
Sub: Clarification regarding optional filing of annual return under notification No. 47/2019- Central Tax dated 9th October, 2019 - regarding
Attention is invited to notification No. 47/2019-Central Tax dated 9th October, 2019 (hereinafter referred to as “the said notification”) issued under section 148 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “the said Act”) providing for special procedure for those registered persons whose aggregate turnover in a financial year does not exceed two crore rupees and who have not furnished the annual return under sub-section (1) of section 44 of the said Act read with sub-rule (1) of rule 80 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as “the CGST Rules”).
2. Vide the said notification it is provided that the annual return shall be deemed to be furnished on the due date if it has not been furnished before the due date for the financial year 2017-18 and 2018-19, in respect of those registered persons. In order to clarify the issue and to ensure uniformity in the implementation of the provisions of the law across field formations, the Board, in exercise of its powers conferred by section 168 (1) of the said Act, hereby clarifies the issues raised as below:–
a. As per proviso to sub-rule (1)
of rule 80 of the CGST Rules, a person paying tax under
section 10 is required
to furnish the annual return in FORM GSTR-9A Since the said notification
has made it optional to furnish the annual return for FY 2017-18 and 2018-19 for
those registered persons whose aggregate turnover in a financial year does not
exceed two crore rupees, it is clarified that the tax payers under composition
scheme, may, at their own option file FORM GSTR-9A 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-9A for the said period.
b. As per sub-rule (1) of rule 80 of the CGST Rules, every registered person
other than an Input Service Distributor, a person paying tax under
section 51 or
section 52, a casual taxable person and a non-resident taxable person, shall
furnish an annual return as specified under sub-section (1) of
section 44
electronically in FORM GSTR-9. Further, the said notification has made it
optional to furnish the annual return for FY 2017-18 and 2018-19 for those
registered persons whose aggregate turnover in a financial year does not exceed
two crore rupees. Accordingly, it is clarified that the tax payers, may, at
their own option file FORM GSTR-9 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 for the said period.
3.
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.
4. Difficulty if any, in the implementation of this circular may be brought to
the notice of the Board. Hindi version would follow.
(Yogendra Garg)
Principal Commissioner
y.garg@nic.in
*****