For the financial years 2018-19 and 2019-20, filing GSTR-9 is optional for businesses with an Annual Aggregate Turnover (AATO) not exceeding Rs. 2 crore. GSTR-9C is generally not required unless your turnover surpasses Rs. 2 crore for FY 18-19, with this threshold increasing to Rs. 5 crore for FY 19-20.
27 January 2021
In case of proprietorship business turnover (1.x crore), required to file these specific returns or there is any exemption due to turnover?
27 January 2021
GSTR 9C is applicable only if the turnover exceeds Rs. 2 crore during the FY. For FY 2019-20 the limit have been increased to Rs. 5 Crores. GSTR 9 have been made optional with taxpayers whose AATO does not exceeds Rs. 2 crores.