Goods and Services Tax (GST) taxpayers whose Aggregate Annual Turnover for FY 2020-21 is more than Rs 5 crore must file their annual return in form GSTR-9 along with self-certified reconciliation statement in GSTR-9C before February 28, 2022.
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Goods and Services Tax (GST) taxpayers whose Aggregate Annual Turnover for FY 2020-21 is more than Rs 5 crore must file their annual return in form GSTR-9 along with self-certified reconciliation statement in GSTR-9C before February 28, 2022. This was tweeted form the official Twitter handle of the Central Board of Indirect Taxes & Customs (CBIC).
The Official handle of CBIC tweeted, “Attention GST Taxpayers whose Aggregate Annual Turnover for the FY 20-21 is more than Rs. 5 crore!
Any registered person whose turnover exceeds Rs 5 crore during a financial year shall have their accounts audited by a chartered accountant or cost accountant. The limit was revised from Rs 2 crore to Rs 5 crore as per CBIC after FY 2018-19.
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GSTR-9C is a statement of reconciliation between the annual returns in GSTR-9 filed for an FY and the figures as per the audited annual financial statements of the taxpayer.
