This discussion clarifies the applicability of GSTR 9C for professionals, specifically engineers and Chartered Accountants. It confirms that GSTR 9C is generally not applicable to individuals or businesses with a turnover below Rs. 2 crore for the financial year 2017-18. Therefore, a BE professional with gross receipts of Rs. 75 Lakh would not be required to file a GSTR 9C audit report.
01 February 2020
My client is an BE professional. His gross receipts for the year 2017-18 was Rs.75 Lakh. He has Regular GSTIN . Whether GSTR 9C audit report applicable for the professional for 2017-18. Please Clarify. CA HS RAMGOPAL