Which Companies Are Required To File Annual Return?

What is the last date to file GST annual return?

September 30The last date for filing annual return for 2018-19 fiscal for Goods and Services Tax (GST) registered taxpayer is September 30..

How do companies pay annual fees?

Step 1: Pay your annual company review fee. To keep your company registered, you must pay the total amount on the invoice by the due date. … Step 2: Check and update your company details. Check the details on your annual statement carefully. … Step 3: Pass a solvency resolution.

Who should file annual return?

1. What is GSTR-9 and who is liable to file GSTR 9? It is an annual return to be filed by all registered taxpayers under GST irrespective of the turnover of an entity. The return consists of details such as inward/outward supplies, taxes paid, refund claimed, demand raised and ITC availed by the taxpayer.

How do I file an annual return?

How to file GSTR-9Login and Navigate to Form GSTR-9 – Annual Return for Normal Taxpayer.Download Form GSTR-1, Form GSTR-3B and Form GSTR-9 Summary.Enter details in various tiles.Preview Draft Form GSTR-9 Summary.Compute Liabilities and Pay Late Fees, If any.Preview Draft Form GSTR-9.File Form GSTR-9 with DSC/ EVC.

What is annual return of a company?

Definition of the annual return The annual return was a document that companies had to file at Companies House each year on the anniversary of the company’s incorporation. It contained details of the company’s directors, shareholders and registered office address.

Is there any annual return in GST?

GSTR 9 is an annual return to be filed yearly by taxpayers registered under GST. Points to note: It consists of details regarding the outward and inward supplies made/received during the relevant previous year under different tax heads i.e. CGST, SGST & IGST and HSN codes.

Who needs Gstr 9?

Who should file GSTR9? To file the GSTR-9: You must be a registered tax payer under the GST with a 15 digit PAN based GSTIN. The aggregate turnover of your business should be greater than 20 lakh rupees.

How do I submit my CIPC annual return?

Annual returns can only be filed electronically via the CIPC Annual Return Website annualreturns.cipc.co.za or CIPC Self Service Terminal. It should be noted that the CIPC Annual Return Website is mobile and tablet enables and therefore the annual return can be filed using a smart phone or tablet.

What happens if annual return not filed?

If a company fails to file the copy of the Annual Return within 60 days from the date of AGM, Company and Every Director are liable for following amount of Penalty: Company and its every officer who is in default shall be liable to a penalty of Rs. 50,000/- and in case of continuing failure, with further penalty of Rs.

Is Gstr 9 mandatory?

Is it mandatory to file GSTR-9? Earlier it was mandatory for all the normal taxpayers to file GSTR9. However, it has been made optional for taxpayers with an aggregate turnover of up to Rs. 2 crore for FY 2017-18 and FY 2018-19.

How do I file an Nil annual return?

If you choose ‘Yes’ to file NIL returns, then click on ‘Next’ to Compute Liabilities and file a NIL GSTR-9.If you choose ‘No’ to NIL returns, click on ‘Next’, a page ‘GSTR-9 Annual Return for normal taxpayers’ is displayed. It will contain various tiles for which details must be filled.

Will Gstr 9 be extended?

“After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020,” said a tweet from Central Board of Indirect Taxes and Customs (CBIC).

Who files Gstr 9 and 9c?

The GSTR-9 is an annual return. We attached all screenshots and divided into 19 sections which has to be filed by all registered taxable persons under GST. The GSTR-9C is the GST reconciliation Statement for a particular FY on or before 31st December. The reconciliation must also be certified by a CA.

How do I pay my CIPC annual fee?

Go to www.cipc.co.za/ Register as a Customer. Step 2: Calculate the annual return fee. Step 3: Deposit the relevant filing fee. The fees can be deposit at any ABSA bank or via EFT.

Can Gstr 9 be revised?

The last date has been extended to June 30, 2019, but it is important to know that GST Annual returns in GSTR-9, GSTR-9C or GSTR-9A cannot be revised once filed. Moreover, any incorrect information can attract tax demands and interest or even penalties; leave alone the long-term litigations that can follow years later.