GSTR 9C

Is GST Audit applicable on Turnover exceeding Rs. 2 Crores

Goods and Services Tax - In the present article I am going to discuss the law and procedure of Audit to be conducted by the department and special audit as prescribed under GST law. The concept of Audit is not a new concept, the tax payers are already required to get his books of accounts aFor Filing GSTR -9 AND […]...

Read More

Summary of GST notifications dated 05th May 2020 issued by CBIC

Goods and Services Tax - 1. Registered person registered under the provisions of the Companies Act, 2013 (18 of 2013) shall, also be allowed to furnish the return under section 39 in FORM GSTR-3B verified through EVC during the period from the 21st day of April, 2020 to the 30th day of June, 2020 I.E  THERE IS  NO NEED OF […]...

Read More

Extension of Annual GST Return, Filing of GSTR 3B by EVC & other changes

Goods and Services Tax - On 5th of May 2020, CBIC has issued notifications to give effect to relaxation for verification of GSTR 3B through Electronic Verification Code (EVC) as well as filing NIL GSTR 3B through SMS. It has also extended the date for E-Way bills generated on or before 24th March and last date for filing of Annual […]...

Read More

Who has to file GSTR-9 & GSTR-9C Annual Returns & due dates for FY 2018-19

Goods and Services Tax - There have been many amendments, relaxations, due date extensions and many more in respect of GST Annual Returns. In this article these aspects and key features were briefly discussed with bullet points providing relevant notification references wherever required.  At the end of the article, due date table was also given for ready refere...

Read More

Relaxation in requirement of filing of GSTR9 & 9C for FY 2018-19

Goods and Services Tax - Relaxation in requirement of filing of GSTR-9 and GSTR-9C for Financial Year 2018-19 GSTR-9C (Reconciliation Statement): This consists of details regarding outward and inward supplies made or received during the previous year. According to section 2(13), GSTR-9C is applicable only to the person who is required to get his accounts audited ...

Read More

Request for not increasing Threshold Limit for GST Annual Return & Audit

Goods and Services Tax - A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply less collection of tax and hence loss of r...

Read More

Reconsider increase in turnover to Rs. 5 Crore for filing GSTR-9C

Goods and Services Tax - ICAI raises its Concern over increasing the threshold limit from Rs. 2 Crore to Rs. 5 Crore for filing Reconciliation Statement in form GSTR-9C and requested CBIC to reconsider its decision.  ICAI submitted that As per the data available 7% of registered taxpayers fall in the category of turnover above Rs. 5 Crores and hence […]...

Read More

Provide login facility to CA to file Reconciliation Statement in Form GSTR 9C

Goods and Services Tax - ICAI submitted to CBIC that The system of providing separate login id to the Chartered Accountant is working very smoothly under Income Tax whereas Offline facility available under GST has some shortcoming like error in applying DSC, long time for uploading Audit File. Accordingly, your goodself is requested to adopt this system of separa...

Read More

CBIC enables filing of GSTR-9 and GSTR-9C for financial year 2018-19

Goods and Services Tax - The Central Board of Indirect Taxes and Customs (CBIC) enabled the option to file GSTR-9 and GSTR-9C for the financial year 2018-19. GSTR-9 is an annual return to be filed yearly by taxpayers registered under GST. It consists of details regarding the outward and inward supplies made/received during the relevant previous year under differe...

Read More

91 to 92% Large Taxpayer filed GSTR-9/GSTR 9C by 12.02.2020: GSTN

Goods and Services Tax - About 91% of eligible large Taxpayers filed Annual GST Return and 92% eligible large taxpayers filed the Reconciliation Statement (GSTR-9C) by 12th Feb 2020  – 91.3% of eligible large taxpayers filed annual return (GSTR-9) by 12th Feb 2020. – 92.3% filed reconciliation statement (GSTR-9C) by 12th Feb 2020. -Total 42.03 Lakhs ...

Read More

HC allows Filing of GSTR 9 & GSTR 9C without late fees & penalty until further order

All India Federation of Tax Practitioners Vs Union of India (Andhra Pradesh High Court) - All India Federation of Tax Practitioners Vs Union of India (Andhra Pradesh High Court) Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue an appropriate writ, order or direction pa...

Read More

Look into issue of limited GST Server capacity & find solution: SC

UOI Vs Tax Bar Association (Supreme Court of India) - UOI Vs Tax Bar Association (Supreme Court of India) In the matter of UOI vs Tax Bar Association, Hon’ble Supreme Court through its bench comprising of Hon’ble Justice R F Nariman & Hon’ble Justice Ravinder S Bhatt, at the outset, refused to interfere in order as passed by Hon’ble...

Read More

Accept GSTR 9 / GSTR 9C returns without any late fees till 12th Feb 2020: Rajasthan HC

Tax Bar Association Vs. Union of India (Rajasthan High Court, Jodhpur) - Tax Bar Association Vs. Union of India (Rajasthan High Court, Jodhpur) BIG Relief Direction to file GSTR 9 and 9C without late fees till 12th Feb by Hon’ble Rajasthan High Court in PIL filed by Tax Bar Association, Jodhpur vs UOl In PIL No 1805/2020 Adv. Sanjay Jhanwar, Adv Rahul Lakhwani and Adv ...

Read More

Delhi HC unsatisfied with non-operationalisation of GSTR-9/9A/9C form for FY 2018-19

Sales Tax Bar Association (Regd.) & Anr Vs Union of India (Delhi High Court) - Sales Tax Bar Association (Regd.) & Anr Vs Union of India (Delhi High Court) Learned counsel for the petitioner also submits that in respect of the financial year 2018-19, the GSTR 9, GSTR 9A and GSTR 9C Form have still not been uploaded and, consequently, even though the last date of filing of ...

Read More

Consider representation to be filed for extension of GSTR9/9C due date: HC

All India Federation Of Tax Practitioners Vs. Union of India (Gauhati High Court) - All India Federation Of Tax Practitioners Vs. Union of India (Gauhati High Court) This petition is disposed of however, binding the respondent Union of India to take a decision on the representation to be filed on behalf of the petitioners, within one week of its filing. The respondent would also ad...

Read More

GST annual return filing date for FY 2018-19 extended till 30.09.2020

Notification No. 41/2020–Central Tax [G.S.R. 275(E)] - (05/05/2020) - CBIC Further Extends due date for furnishing GST annual return/reconciliation Statement (GSTR9 / GSTR 9C) for financial year 2018-2019 to 30th September, 2020 vide Notification No. 41/2020–Central Tax dated 5th May, 2020. GST Annual return for 2018-19: Last date for filing GST annual return specif...

Read More

Central Goods and Services Tax (Third Amendment) Rules, 2020

Notification No. 16/2020-Central Tax [G.S.R. 199(E).] - (23/03/2020) - Central Government notifies Central Goods and Services Tax (Third Amendment) Rules, 2020 to further amend Central Goods and Services Tax Rules, 2017 ...

Read More

GSTR-9 & GSTR-9C due date extended to 30.06.2020 for FY 2018-19

Notification No. 15/2020-Central Tax [G.S.R. 198(E)] - (23/03/2020) - CBIC extends time limit for furnishing of the annual return (GSTR-9 and GSTR-9C) specified under section 44 of CGST Act, 2017 for the financial year 2018-2019 till 30.06.2020 vide Notification No. 15/2020-Central Tax Dated  23rd March, 2020....

Read More

Request for not increasing Threshold Limit for GST Annual Return & Audit

A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply le...

Read More

Govt exempts foreign airlines from furnishing Form GSTR-9C

Notification No. 09/2020– Central Tax [G.S.R. 179 (E)] - (16/03/2020) - Govt exempts foreign airlines from furnishing reconciliation Statement in Form GSTR-9C if they  have complied with the sub-rule (2) of rule 4 of the Companies (Registration of Foreign Companies) Rules, 2014 vide Notification No. 09/2020– Central Tax dated-16th March, 2020. Exemption from furnishi...

Read More

Recent Posts in "GSTR 9C"

Is GST Audit applicable on Turnover exceeding Rs. 2 Crores

In the present article I am going to discuss the law and procedure of Audit to be conducted by the department and special audit as prescribed under GST law. The concept of Audit is not a new concept, the tax payers are already required to get his books of accounts aFor Filing GSTR -9 AND […]...

Read More

Summary of GST notifications dated 05th May 2020 issued by CBIC

1. Registered person registered under the provisions of the Companies Act, 2013 (18 of 2013) shall, also be allowed to furnish the return under section 39 in FORM GSTR-3B verified through EVC during the period from the 21st day of April, 2020 to the 30th day of June, 2020 I.E  THERE IS  NO NEED OF […]...

Read More

Extension of Annual GST Return, Filing of GSTR 3B by EVC & other changes

On 5th of May 2020, CBIC has issued notifications to give effect to relaxation for verification of GSTR 3B through Electronic Verification Code (EVC) as well as filing NIL GSTR 3B through SMS. It has also extended the date for E-Way bills generated on or before 24th March and last date for filing of Annual […]...

Read More

GST annual return filing date for FY 2018-19 extended till 30.09.2020

Notification No. 41/2020–Central Tax [G.S.R. 275(E)] (05/05/2020)

CBIC Further Extends due date for furnishing GST annual return/reconciliation Statement (GSTR9 / GSTR 9C) for financial year 2018-2019 to 30th September, 2020 vide Notification No. 41/2020–Central Tax dated 5th May, 2020. GST Annual return for 2018-19: Last date for filing GST annual return specified under section 44 of CGST Act read wi...

Read More

Who has to file GSTR-9 & GSTR-9C Annual Returns & due dates for FY 2018-19

There have been many amendments, relaxations, due date extensions and many more in respect of GST Annual Returns. In this article these aspects and key features were briefly discussed with bullet points providing relevant notification references wherever required.  At the end of the article, due date table was also given for ready refere...

Read More

Relaxation in requirement of filing of GSTR9 & 9C for FY 2018-19

Relaxation in requirement of filing of GSTR-9 and GSTR-9C for Financial Year 2018-19 GSTR-9C (Reconciliation Statement): This consists of details regarding outward and inward supplies made or received during the previous year. According to section 2(13), GSTR-9C is applicable only to the person who is required to get his accounts audited ...

Read More

Important Points for filing GST Annual Returns & GST Audits

After the opening of the lockdown, the foremost and immediate tasks is Gst Annual returns, reconciliations and audits- the impending date being 30th June 2020 (as on today). Various factors and steps to be followed for filing annual returns and Gst audits are summarised as below: This submission has been divided 1. Steps for Annual [&hell...

Read More

GST | Relaxation in due dates in the wake of COVID 19

Please find below a brief update on various announcements made by CBIC in relation to extension in due dates and reduction in rate of interest for late payment of taxes and filing of various returns under GST. Before you go into the detailed update and preparation of revised calendar for your organisation, we would like […]...

Read More

Gist of GST Notifications issued on 21st & 23rd March 2020

Gist of GST Notifications issued on 21st & 23rd March 2020  Notification No. 10/2020 – Central Tax Dated 21st March 2020 The taxpayers having principal place of business in Dadra and Nagar Haveli has been merge with Daman and Diu and Dadra and Nagar Haveli from 27th January 2020. The tax period has been changed […]...

Read More

Summary of Central Tax Notification no. 10/2020 to 29/2020

GST Department has issued nearly 20 Notification on 21st March 2020 and 23rd March 2020. Details, explanations and impact of all these Notifications been summarised precisely herein. Notifications relates special GST procedure for taxpayers in Dadra and Nagar Haveli and Daman and Diu, special procedure for corporate debtors undergoing the...

Read More

Browse All Categories

CA, CS, CMA (4,816)
Company Law (6,189)
Custom Duty (7,803)
DGFT (4,247)
Excise Duty (4,368)
Fema / RBI (4,249)
Finance (4,462)
Income Tax (33,517)
SEBI (3,536)
Service Tax (3,564)

Search Posts by Date

July 2020
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031