GST Annual filing waived off for taxpayers below Rs 2 Cr turnover.

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GST Annual filing waived off for taxpayers below Rs 2 cr turnover.

 The GST Council, in its 37th meeting held at Goa, provided relief to MSMEs by allowing them waiver to file GSTR 9 and GSTR-9A.

 Announcing the relaxation in the filing of annual returns for MSMEs for FY 2017-18 and FY 2018-19, a statement said waiver of the requirement of filing FORM GSTR-9A for Composition Taxpayers for the said tax periods will be provided.

 Additionally, filing of FORM GSTR-9 for those taxpayers who (are required to file the said return but) have an aggregate turnover up to Rs. 2 crores made optional for the said tax periods

 In another significant announcement, the new return system which was to be introduced from October 2019, will now be introduced from April 2020. The statement said this is in order to give ample opportunity to taxpayers as well as the system to adapt and accordingly specifying the due date for furnishing of return in FORM GSTR-3B and details of outward supplies in FORM GSTR-1 for the period October, 2019 - March, 2020.

In that sense, you can choose Dhanvijay And Associates for GST related Information.

We instantly provide you services about GST.

Your GST filing is will be Done in Time & We will update on time.

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