What is GSTR-9B?
GSTR-9B should be filed annually by the e-commerce operators who have earlier filed GSTR-8 during the financial year.
Who should file GSTR-9B?
Every e-commerce operator should mandatorily file GSTR-9B except –
- Input service distributors
- Non-resident taxable persons
- Casual taxable persons
- Tax payers using composition scheme(In this case, they need to file GSTR-9A)
- Persons paying TDS
GSTR 9B Filing Due Dates 2020
GSTR 9B should be filed annually by the e-commerce operators on or before 31st December. For example – In case an e-commerce operator wants to file his or her annual return for FY 2019-20, operator should file the same on or before 31st December 2020. Date may be extended sometimes by the government.
Penalty for Late GSTR-9B Filing
Late filing of GSTR-9B leads to heavy fines & penalties. The late fee for filing GSTR-9B is Rs. 200 per day i.e. Rs.100 under CGST and Rs.100 under SGST. The maximum late fee per day for the taxpayer cannot exceed 0.25% of the business turnover in a state or a union territory.
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GSTR-7 Summary of Tax Deducted at Source (TDS) and deposited under GST lawsNov 10th ,2021
GSTR-8 Summary of Tax Collected at Source (TCS) by e-commerce operators under GST lawsNov 10th ,2021
GSTR 1 for Oct 2021 (turnover more than INR. 1.50 Crore)Nov 11th ,2021
GSTR-6 Details of Input Tax Credit (ITC) received and distributed by an Input Service Distributor (ISD)Nov 13th ,2021
Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending September 30, 2021Nov 15th ,2021
GSTR-3B is a summary return to be filed by all taxpayers except those registered under the composition scheme, every month. However, from 1st January 2021, there is also quarterly filing option provided to taxpayers with annual aggregate tunrover of up to Rs.5 crore, opting for the QRMP scheme for Oct Month. (Aggregate turnover exceeding Rs.5 crore in the previous financial year)Nov 20th ,2021