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.