Dear Experts
My Proprietor Firm turnover is less than 2crores and i am already file annual return 9 filed but annual return 9c not filed. it is annual return 9c compulsory filing with nil or with data or not filing ?
Menu
Annual Return
Replies (6)
As per the Provision of Section 35(5) of the CGST Act 2017 read with Rule 80(3) of the CGST Rules 2017, if a Registered Person's Aggregate Turnover exceeds Rs. 2 crore, then he is required to get his Accounts Audited by a Chartered Accountant or a Cost and Management Accountant and file a Reconciliation Statement and Audit Report in FORM GSTR-9C within 31st December of the following year.
Since your Aggregate Turnover is less than Rs. 2 crore, you are not required to file Reconciliation Statement and Audit Report i.e. GSTR-9C. Filing of GSTR-9 is compulsory.
Since your Aggregate Turnover is less than Rs. 2 crore, you are not required to file Reconciliation Statement and Audit Report i.e. GSTR-9C. Filing of GSTR-9 is compulsory.
No you are not require to file 9C .
In term of Rule 80(3), taxpayer whose aggregate turnover is more then 2 crore is liable to file 9C.
Hence you are not required
In term of Rule 80(3), taxpayer whose aggregate turnover is more then 2 crore is liable to file 9C.
Hence you are not required
Since the turnover does not exceed 2 crores , auditing of accounts by a CA or CWA is not required so filling of gstr 9c is not mandatory.
According to Rule 80(3) of the CGST Rules 2017, Taxpayers having Aggregate Turnover more than Rs. 2 crore is required to get their Accounts audited by a CA or a CMA.
Hence you are not required to file FORM GSTR-9C.
Hence you are not required to file FORM GSTR-9C.
A person whose turnover exceeds 2 crore rupees during the financial year needs to file GSTR 9C return. In fact, the person whose turnover crosses above limit shall get his accounts audited by the chartered accountant.
The Turnover of the complete year i.e. from 1st April, 2017 to 31st March, 2018 has to be considered into account for calculating the turnover. For example, if a taxpayer has a total turnover of Rs. 2.2 Cr for the period 1st April, 2017 to 31st March, 2018 and a turnover of Rs. 1.8 Cr for the period 1st July, 2017 to 31st March, 2018, then the taxpayer has to file form GSTR- 9C.
Who shall prepare GSTR 9C Reconciliation Statement
As a taxpayer, you can not file GSTR 9C Reconciliation yourself. Therefore, the Chartered accountant shall prepare reconciliation and file it with certifications.
The offline tool or gstr 9c format in excel will be available on GST portal. The chartered accountants will able to use this offline excel utility of GSTR 9c to file this return. Also, they may able file it online on GST portal.
Your turn over below ₹ 2 Crores.In this case your accounts not required under mandatory audited by CA or CWA and also 9 C is not mandatory.
Recent Topics :
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
Related Topics :
CAclubindia
