State Taxes department today asked the taxpayers to file their annual return (form GSTR-9/GSTR-9A) and reconciliation statement (form GSTR-9C) well before 31 August 2019.
The department also issued a clarification regarding annualreturns and reconciliation statement.
It said: “The payment of any unpaid tax under Section 73 ofthe JKGST Act provides a unique opportunity of self correction to alltaxpayers.”
“If a taxpayer has not paid, short paid or has erroneouslyobtained/been granted refund or has wrongly availed or utilized input taxcredit then before the service of a notice by any tax authority, the taxpayermay pay the amount of tax with interest,” it explained, adding that in suchcases, no penalty shall be levied on such tax payer.
“In cases where some information has not been furnished inthe statement of outward supplies in form GSTR-1 or in form GSTR-3B, suchtaxpayers may pay the tax with interest through form GST DRC-03 at any time,”it said.
“The annual return provides an additional opportunity forsuch taxpayers to declare the summary of supply against which payment of tax ismade,” it said.