Online GSTR-9B Filing
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.
What Clients Say
Prakash Verma
Praveen Chauhan
Pradeep Kochhar
Blogs
What is backdated income tax return (ITR)? Backdated ITR is a previous year/years ITR filed by the individuals to make their tax... Read More
On 22nd December 2020, GST department issued a notification no. 94/2020 and made specific changes in the GST rules which have already... Read More
Key Highlights of Union Budget 2021-22 Every eye was on the date of 1st February 2021, when our Finance minister Mrs. Nirmala Sitharaman... Read More
