Gstr 9c is compulsory or not
WebDec 6, 2024 · Issues faced while filing GSTR 9C. 1. Turnover for filing Form GSTR- 9C: Form GSTR-9C is to be filed by all those taxpayers whose aggregate turnover has exceeded Rs 2 crore in a financial year. Turnover of the complete year i.e. from 1st April 2024 to 31st March 2024 has to be taken into account for calculating the turnover. WebJan 2, 2024 · The information of ITC which is required to get interchanged is to be entered as of the ineligibility. 39th GST Council Meeting Updates for Annual Return Form. The GST department discharged the MSMEs to file the reconciliation statement in GSTR- 9C for FY 2024-19 for an average turnover of Rs 5 cr.
Gstr 9c is compulsory or not
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WebJun 5, 2024 · As for now, we need to look the due date to file GST Annual Return in GSTR-9 and GSTR-9C for F.Y. 2024-21, the due date of which is 31st December, 2024. In all just six (6) days are left. Time is very less so we need to speed up the work and file the return on or before the due date. By: Ganeshan Kalyani - December 27, 2024 WebAug 1, 2024 · Taxpayers with a turnover of over ₹ 5 crore have to submit a reconciliation statement in form GSTR-9C Under the Goods and Services Tax (GST), filing of annual return -- GSTR-9/9A -- for...
WebDec 30, 2024 · Following tables are optional in Form GSTR-9 and 9C for filing for FY 2024-20: 1. There is an option in furnishing the input tax credit in table 6B, 6C, 6D, 6E of GSTR-9, into two heads instead of three. ITC on capital goods will have to be furnished separately and, ‘inputs’ and ‘input services’ can be either shown separately or in ‘inputs’ itself. WebJun 13, 2024 · GSTR-9 was mandatory for all registered taxpayers. However, in 37th GST council meeting, filing of GST annual return became optional for taxpayers whose …
WebAug 3, 2024 · Taxpayers with aggregate turnover exceeding INR 50 million for any financial year will be required to file GSTR-9C (reconciliation statement). [Notification No. 30/2024 - Central Tax dated 30 July 2024] The requirement for GSTR-9C to be certified by a Chartered Accountant/Cost Accountant has been dispensed. WebNov 24, 2024 · GSTR 9C For those having annual turnover cross Rs. 2 crores must have to file audit form of GSTR 9C. The Amount of Penalty on late filing of GSTR-9A ... is that you cant not make any change in your return with respect to books as clients having T/O less than 2crore is not liable to file GSTR-9 on mandatory basis. Reply. Nitesh August 27, …
WebOct 4, 2024 · No, GSTR-9C can be filed only after filing GSTR-9. 11. Which fields are auto-populated from GSTR-9 in Form GSTR-9C? Below are the fields which will be auto …
WebDec 8, 2024 · A) Applicability for FY 2024-22. The applicability of GSTR 9 and GSTR 9C for FY 2024-22 is akin to that of FY 2024-21. However, for easy reference, we have reiterated the same below: GSTR 9 is to be furnished by all taxpayers whose aggregate turnover exceeds INR 2 crore. Conversely, GSTR 9 is exempt for taxpayers whose aggregate … malaria survival chancehttp://caportal.saginfotech.com/blog/gstr-9-due-dates/ crea stemma di famigliaWebAug 2, 2024 · So, in nutshell GSTR 9 is mandatory for registered person whose aggregate turnover is Rs.2 cr. Or more. GSTR 9C is mandatory for Registered person whose aggregate turnover in FY 2024-21 exceeds Rs.5cr. Fields which were made optional for financial year 2024-20 are made optional for FY 2024-21 also. creastellaWebDec 8, 2024 · GSTR 9 is to be furnished by all taxpayers whose aggregate turnover exceeds INR 2 crore. Conversely, GSTR 9 is exempt for taxpayers whose aggregate turnover is … malaria transmission ncbiWebDec 17, 2024 · As per GST Instructions instruction no. 9 of Form GSTR-1 – Any supply made by SEZ to DTA, without the cover of a bill of entry is required to be reported by SEZ unit in GSTR-1. The supplies made by … malaria tote 2020WebJun 13, 2024 · No, it is not mandatory for Chartered Accountant to be registered as a GST practitioner to certify GSTR-9C Q - Could the late fee be waived off in Genuine and special cases? As of now, there is no such notification issued by the government but in future Government may waive off the late fee by issue a notification. malaria transmission rateWebJan 13, 2024 · The GSTR 9C form also includes a reconciliation statement for reconciling turnover, input tax credits and other tax payments. What is GSTR 9C Annual GST Audit … malaria support