Gstr 9 c applicability for fy 2020-21
WebThe date of submission of the application in such cases shall be the date of authentication of the Aadhaar number, or 15 days from the submission of the application in Part B of FORM GST REG-01, whichever is earlier. 7. The time limit for issuing order u/s 73(9) has been extended as below: a. For FY 2024-18: 31/12/23 b. For FY 2024-19: 31/03/24 c. Form GSTR-9C continues to be exempted for input service distributors, taxpayers subject to TDS and TCS provisions, casual taxable persons and non-resident taxable persons. In addition to these, government departments and taxpayers with a total turnover less than or equal to Rs.5 crore are added to the … See more Businesses registered under the GST law having more than Rs.2 crore as annual aggregate turnover in a financial year had to get their books, … See more (Changes applicable for FY 2024-21 and onwards) Changes in Part-A: Reconciliation statement is as follows: Part-B – Certification has been entirely removed See more The Union Budget 2024 introduced two key changes in Sections 35 and 44 of the CGST Act. The government has removed Section 35(5) of the CGST Act. Further, Section 44 of the … See more No doubt that with the removal of the GST audit and certification by CA/CMA, compliance seems to have been simplified for taxpayers. On the … See more
Gstr 9 c applicability for fy 2020-21
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WebMay 28, 2024 · The filing of annual return in FORM GSTR-9 / 9A for FY 2024-21 to be optional for taxpayers having aggregate annual turnover upto Rs 2 Crore; iii. 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. ” WebSep 18, 2024 · According to Central Goods and Services Tax (Sixth Amendment) Rules, 2024, there is an exemption for filing Form GSTR-9 for taxpayers with turnover up to Rs. 2 Crores for the 2024-2024 period. Before 2024, GSTR-9C was applicable to all the businesses having a turnover of more than Rs. 2 Crore in a particular financial year.
http://caportal.saginfotech.com/blog/gstr-9c-annual-return-form-due-date/ WebSep 16, 2024 · GSTR-9 is compulsorily applicable to taxpayers with an annual total turnover of more than Rs.2 crore. All registered taxpayers are required to file GSTR-9 except …
WebAug 3, 2024 · Rationalization in the applicability of GSTR-9 and GSTR-9C. Taxpayers with aggregate turnover up to INR 20 million in FY 2024-21 will be exempt from filing GSTR-9 (annual return) for the said financial year. [Notification No. 31/2024 - … WebJan 3, 2024 · *Annual aggregate turnover during FY 2024-21. Penalty Norms When you Miss the Due Date of GSTR-9 Filing. As per the penalty provisions of the GSTR-9 annual return form, the taxpayer has to pay Rs. 200 per day as a penalty in which Rs. 100 consists of SGST and Rs. 100 for CGST. Also, it is to be noted that the total penalty cannot …
WebApr 14, 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, now dividends received from equity shares or any mutual fund schemes (equity or non-equity) are taxable in the hands of an investor. TDS on dividend income was introduced as well.
WebGSTR 9 & GSTR 9C Extended Due Dates for FY 2024 21. GSTR9 and GSTR 9C Turnover wise Applicability for the FY 2024-21. GST Annual Return & GST Self Certified … magniflor genovaWebSep 8, 2024 · GSTR 9C is an annual audit form applicable to all registered taxpayers having a turnover above 5 crore in a particular financial year. Until FY 20-21, it included a reconciliation statement for a particular financial year to be filed by taxpayers on or before 31st December after being certified by CAs/CMA. magniflex sushi travel pillowWebDec 16, 2024 · Note-1: Pre-requirement to 9&9C – all GSTR 1 & GSTR 3B for FY 2024-22 should be filed. Note-2: From FY 2024-21 GSTR 9C would not be required to get signed via CA/CMA and would be acknowledged as an assessee furnished the form on its own. Hence, Part B (Auditor Certification) and Management Representation Letter does not need. magniflex toscanoWebComplete documentation of the development of FY 2024 FMRs (metropolitan area-wide and non-metropolitan county FMRs) is available here: FY 2024 FMR Documentation System. … magniflex store locatorWebThe Finance Bill,2024 had received President’s assent on 28.03.2024. The 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. magniflex tecanWebcould lead to insufficient funding for the Department of Veterans Affairs (VA) for fiscal year (FY) 2024. We call on you to work together and take whatever actions are necessary to … magniflex sushi pillowhttp://caportal.saginfotech.com/blog/gstr-9c-annual-return-form-due-date/ magniflex travel pillow