GST
Personal finance
C
CNBC TV1816-12-2025, 15:52

BCAS Urges Extension for GSTR-9, GSTR-9C Filing Amidst Rising Complexity

  • Bombay Chartered Accountants Society (BCAS) seeks an extension for GSTR-9 and GSTR-9C filing beyond December 31, 2025, for FY 2024-25.
  • BCAS cites recent amendments and frequent changes to forms as reasons for increased compliance complexity.
  • Taxpayers face challenges in modifying data systems, reconciliation processes, and reporting mechanisms due to "moving target" compliance.
  • FY25 amendments reverse relaxations, demanding detailed data segregation, granular ITC reporting, and new IGST credit disclosures.
  • Revised auto-population logic and increased granularity in reporting are causing new reconciliation issues for businesses.

Why It Matters: BCAS requests GSTR-9/9C deadline extension due to complex, frequent form changes.

More like this

Loading more articles...