By ADITYA RAJ DAS / NEW DELHI
The All India Tax Advocate’s Forum has urged the Finance Minister to allow assesses to rectify mistakes incurred in their monthly GST returns while filing the Annual Return form GSTR 9 for the financial year 2017- 18.
“Since the government has decided to extend the due date for filing Annual Return GSTR-9 and form GSTR-9C (Audit Report) for 2017-18 till March 31, 2019, assesses should be allowed to correct mistakes made by them while filing monthly return GSTR-3B and GSTR-1,” the AITAF President M K Gandhi said in a statement issued here.
Ever since the GST was introduced in July 2017 the government had to sort out ground level procedural difficulties relating to filing of multiple monthly GST returns. In the absence of clarity assesses could hardly get any opportunity to rectify mistakes incurred in their monthly GST returns while filing the Annual GST returns for 2017 18, Gandhi- a noted tax consultant said.
All throughout financial year 2017- 18 assesses in the absence of clear cut clarity about matters relating to refund of Input Tax Credit (ITC) and mismatch between sales and purchase , had a harrowing experience in filing the monthly GST return.
Most of the assesses have not yet got opportunity to rectify mistakes incurred by them in their monthly GST returns, Gandhi said.
Because of ambiguity on the part of the government to put in place a workable system of tax reconciliation under which the mismatch between tax payments and final sales return are rectified, the assesses are facing manifold problems in claiming ITC.
Against this backdrop the AITAF Chief has appealed to the government to allow assesses to make all necessary amendments and corrections to settle their claims while filing their Annual GST Returns for 2017-18.