Limit of gstr 9c for fy 2020-21
NettetThe provisions of Finance Act,2024 relating to GST will come into effect from a date to be notified later. It will only be notified after all the States amend their respective SGST Acts. This process may take 9 months to 12 months. Therefore, the fate of GST Audit for the F.Y 2024-21 should be decided immediately by the Board. NettetGSTR 9 and GSTR 9C is a return to be filed basis your aggregate turnover in the previous year. Here in the video we have clarified what is aggregate turnover...
Limit of gstr 9c for fy 2020-21
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Nettet28. mai 2024 · The reconciliation statement in FORM GSTR-9C for the FY 2024-21 will be required to be filed by taxpayers with annual aggregate turnover above Rs 5 Crore. As discussed Finance Act, 2024 had already scrapped certification of reconciliation statement in GSTR 9C by Chartered Accountant and now GST council has also commented on … http://caportal.saginfotech.com/blog/gstr-4-due-dates/
Nettet22. jul. 2024 · Normally, the due date of GSTR 9 is 31st December of the next financial year but current update due dates are as under-. GSTR 9 Due Date For FY 2024-21- The due date of furnishing annual return in form GSTR-9 & self-certified reconciliation statement in Form GSTR-9C for the financial year 2024-21 has been extended from … Nettet2. jan. 2024 · GSTR 9 (Annual Return) FY 2024-21: ... 2024 and notify Form GSTR 9 and 9C for FY 2024-21. ... If your total turnover for FY 2024-18 does not exceeds 2 cr limit, …
Nettet3. jan. 2024 · GSTR 9B must be filed by e-commerce operators who collect tax at source and have filed GSTR 8 for the financial year. GSTR 9C is an audit form that must be filed by all taxpayers whose ... Applicability- AATO* limit for FY 2024-21; GSTR-9: more than Rs.2 crore: GSTR-9C: more than Rs.5 crore *Annual aggregate turnover during FY … NettetGSTR9C Turnover Limit - All the regular taxpayers whose annual aggregate turnover exceeds Rs. 2 Crore in a given Financial Year are mandated to file GSTR 9C. These taxpayers are also required to furnish a reconciliation statement and certification of audit. Following types of taxpayers are exempted from filing Form GSTR 9C audit. Casual …
Nettet14. apr. 2024 · The income tax law of taxing dividends came into effect from April 1, 2024 (FY 2024-21). Earlier, the dividends were tax-free in the hands of investors. However, …
Nettet4. jan. 2024 · Turnover Limit For GSTR 9C for FY 2024-20: Rule 80(3) prescribes a GST Audit turnover limit of Rs. 2 crores but as per notification no. 79/2024- central tax dated 15th October 2024 (Principal notification 16/2024-CT dated 23rd March 2024) inserted a proviso under rule 80(3) which clearly states that every registered person whose … takers distributionNettet20. sep. 2024 · Here we have provided complete checklist for filing GSTR 9 for FY 2024-21: Collect all tax invoices issued in Financial Year 2024-21. Taxpayers should collect … twitch gamble banNettet30. des. 2024 · So, it is clear GST audit turnover limit is Rs. 5 crores for FY 2024-20. GSTR-9 for taxpayers having turnover below 2 crores for the FY 2024-20? As per Notification No. 77/2024 – Central Tax dated 15th October 2024 filing of GSTR-9 for those taxpayer having turnover less than Rs. 2 crore is optional. But, the said return shall be … takers colisNettet29. des. 2024 · CBIC has extended the last date for filing of Annual GST Return (GSTR 9/ 9C) for Financial Year 2024-21, from 31/12/2024 to 28/02/2024, vide CGST (10th … takers definitionNettet2. jan. 2024 · GSTR 9 (Annual Return) FY 2024-21: ... 2024 and notify Form GSTR 9 and 9C for FY 2024-21. ... If your total turnover for FY 2024-18 does not exceeds 2 cr limit, only GSTR 9 has to be filed for the month of July 2024-Mar 2024. Reply. Irwin Stapelman December 25, 2024. twitch galaxy racerNettet29. des. 2024 · Amnesty scheme for filing of Final Return in Form GSTR-10 from July, 2024 to March, 2024. The CBIC has issued Notification No. 08/2024 - Central Tax dated March 31st, 2024 and waived the amount of late fee referred to in section 47 of the CGST Act, which is in excess of five hundred rupees for the registered persons who fail to … twitch gambling banNettet31. jul. 2024 · The Turnover limit for GSTR 9C has been kept at Rs. 5 crore and all businesses with aggregate turnover above Rs. 5 crore will have to mandatorily file GSTR 9C. Further, with regard to GSTR 9C an important amendment has been made in the above notification wherein it has been mentioned that now taxpayer shall self certify … twitch gambling bot