Seeks to exempt foreign airlines from furnishing reconciliation Statement in FORM GSTR-9C

Last updated: 17 March 2020

Save Share

Quick Summary

This notification introduces a special procedure for foreign airlines registered in India. These airlines, specifically those covered under the Companies Act, 2013, will be exempt from the requirement to submit a reconciliation statement in FORM GSTR-9C. However, they must submit an authenticated statement of receipts and payments for their Indian operations annually.

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No.09/2020 Central Tax New Delhi, the 16th March, 2020 G.S.R......(E). In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the re

Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Notice & Circular Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

Foreign airlines that are registered companies in India and comply with specific provisions of the Companies (Registration of Foreign Companies) Rules, 2014 are eligible.

The exemption is from furnishing the reconciliation statement in FORM GSTR-9C, as required under the Central Goods and Services Tax Rules, 2017.

Eligible airlines must submit a statement of receipts and payments for their Indian business operations for each financial year.

The statement of receipts and payments must be duly authenticated by a practicing Chartered Accountant in India, or a firm or Limited Liability Partnership of practicing Chartered Accountants in India.

The statement must be submitted by the 30th September of the year succeeding the financial year.