For FY 2018-19, 9c is waived for taxpayers with turnover upto 5 crores and gstr-9 is made compulsory with turnover of 2 crores or more.
Turnover is 220 lacs including Cgst and sgst of 50 lacs.
What will be the turnover for gstr-9 applicability.
Is it mandatory to file Gstr- 9 for fy 2018-19 in above case.
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GSTR 9 & 9C
Replies (2)
Quick Summary
Not mandatory to file GSTR 9 in above case..
You are required to Check turnover excluding GST, which is 1.70 Cr. in your case..
You are required to Check turnover excluding GST, which is 1.70 Cr. in your case..
As per Notification No. 47/2019-CT, dated 09th October 2019 read with Circular No. 124/43/2019 - GST, dated 18th November 2019, Filing of Annual Return has been made "OPTIONAL" for taxpayers having Aggregate Turnover upto Rs. 2 crores for FY 2017-18 & FY 2018-19.
And Aggregate Turnover as defined u/s 2(6) of the CGST Act 2017 excludes - "CGST, SGST, UTGST, IGST and Cess.
So your Aggregate Turnover as per GST Law is Rs. 1.7 crores, which is within the limit of Rs. 2 crores. So for you filing GSTR-9 for FY 2018-19 is "OPTIONAL".
Regards,
Shivam RC.
And Aggregate Turnover as defined u/s 2(6) of the CGST Act 2017 excludes - "CGST, SGST, UTGST, IGST and Cess.
So your Aggregate Turnover as per GST Law is Rs. 1.7 crores, which is within the limit of Rs. 2 crores. So for you filing GSTR-9 for FY 2018-19 is "OPTIONAL".
Regards,
Shivam RC.
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