NON FILING OF 9C IN FY 17-18

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THIS IS REGARDING NON-Filing of 9C FY 2017-18 annual return by me.

 

Some Figures:

Total Turnover for FY 17-18 was 42.414.846.42 (4.24 crores)

in this stock transfer to own branch was 22.379.236.28 (2.23 crores)

 

Gst Period Turnover was 26.835.263 (2.68 crores)

in this Stock transfer to own branch was 12.794.108 (1.27 crores)

therefore Nett sales to registered/unregistered/consumers was 1.41 crores.

 

my question :

1. was i required to file 9C Return, if yes

2. what is remedy now

3. What is the max Penalty / interest / Fine etc that can be imposed on me.

4. also is there any amnesty scheme in the current year for filing the same.

 

Thanks and Regards

Replies (2)

Form GSTR-9C is not required to be filed as the turnover in the above mentioned case is not exceeeding Rs.5cr

Yes because for F.Y. 17-18, GSTR- 9C was mandatory for taxpayers having a turnover of more than Rs. 2 crores.

The penalty for non-filing of GSTR- 9C is Rs. 50,000/- (25 K CGST & 25 K SGST).

In case of any further queries, kindly mail me at casoravgupta @ gmail.com

Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)


CCI Pro

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