Circular No.ES/69/2019-20 June 24, 2019
To: Members of the Council
Sub: 35th GST Council Meeting held on 21st June, 2019 – relating to changes in law and procedures
Dear Member,
The 35th GST Council Meeting was held on 21st June, 2019 under the chairmanship of Finance Minister Nirmala Sitharaman. In a Press Release issued by the Ministry of Finance, the GST Council has recommended the following recommendations and changes –
Extension of various due dates
The due date for filing of Annual return in Form GSTR-9, GSTR-9A and GSTR-9C has been extended till 31st August 2019.
The due date for filing of ITC-04 related to job work for the period July 2017 to June 2019 has been extended till 31st August 2019.
The due date for filing of CMP-02 for opting for composition scheme for service providers as per notification 2/2019-Central Tax (Rate) has been extended till 31st July 2019.
New Return System to be introduced in a phased manner as given below -
Between July, 2019 to September, 2019 - New return system (FORM GST ANX-1 & FORM GST ANX-2 only) will be made available for trial for taxpayers. Till then taxpayers to continue to file FORM GSTR-1 & GSTR-3B.
From October, 2019 onwards, FORM GST ANX-1 was made compulsory.
Large taxpayers having aggregate turnover of more than Rs. 5 crores in the previous year have to file FORM GST ANX-1 on monthly basis whereas;
Small taxpayers to file FORM GST ANX-1 for the quarter October, 2019 to December, 2019 in January, 2020.
For October and November, 2019, large taxpayers will continue to file FORM GSTR-3B on a monthly basis and will file FORM GST RET-01 for December, 2019 in January, 2020.
GST PMT-08. They will file their first FORM GST-RET-01 for the quarter October, 2019 to December, 2019 in January, 2020.
Invoices can be uploaded in FORM GST ANX-1 on a continuous basis both by large and small taxpayers from October, 2019 onwards.
FORM GST ANX-2 may be viewed simultaneously during this period but no action shall be allowed on such FORM GST ANX-2
From January, 2020 onwards, FORM GSTR-3B will be completely phased out.
Non-filing of GST Returns for two consecutive tax periods will pertain to blocking of e-way bill generation for such taxpayers and would be disabled with effect from 21 August 2019, instead of the earlier notified date of 21st June 2019.
Members may kindly make a note of the above recommendations.
Thanking you,
Yours faithfully,
S.BALARAJU
EXECUTIVE DIRECTOR