Gst annual return turnover limit for 2018-19
WebOct 9, 2024 · Seeks to make filing of annual return under section 44 (1) of CGST Act for F.Y. 2024-18 and 2024-19 optional for small taxpayers whose aggregate turnover is … WebJul 22, 2024 · The below chart will clear all your doubts regarding the turnover limit for GST annual return. Aggregate Turnover Annual Return (GSTR 9) Turnover less than Rs. 2 Crore: Optional: ... 31st December 2024: 07th February 2024: 2024-19: 31st December 2024: 31st December 2024: 2024-20: 31st December 2024: 31st March 2024:
Gst annual return turnover limit for 2018-19
Did you know?
WebSep 8, 2024 · GSTR-9 AND GSTR-9C TURNOVER LIMIT FOR FY 2024-18, FY 2024-19, FY 2024-20, FY 2024-21 & FY 2024-22. September 8, 2024 December 1, 2024 - by … WebAug 1, 2024 · Taxpayers with a turnover of over ₹ 5 crore have to submit a reconciliation statement in form GSTR-9C Under the Goods and Services Tax (GST), filing of annual return -- GSTR-9/9A -- for...
WebApr 10, 2024 · 1.4 Amnesty Scheme to file Annual return in GSTR-9. GSTR-9 is an Annual return required to be filed by every person whose aggregate turnover exceeds INR 2 Crores during the year. Late filing of GSTR-9 attracts a late fee of INR 400 per day (CGST 200 & SGST 200) during the period when the default continues. WebMay 5, 2024 · However, the limit for GSTR-9C of FY 2024-19 has been increased to Rs 5 crore as set out in the CBIC notification dated 23 March 2024. GSTR-9C is a reconciliation statement between the annual returns reported in GSTR-9 for the FY and the taxpayer’s audited annual financial statements by auditor.
Web1 day ago · Time limit specified for E Invoice Uploading / IRN Generation on the IRP Portal E-Invoicing was made applicable from 1st October 2024 to all businesses whose … WebApr 5, 2024 · GSTR 9C - Any taxpayers whose turnover exceeds the threshold limit of 2 crore INR needs to file GSTR 9C along with their annual return GST. These company …
WebMar 16, 2024 · For GST audit, taxpayers need to calculate the aggregate turnover for determining the audit threshold limit of Rs.2 crores or 5 crores (amended). The aggregate turnover means the total of the following shall be considered as an aggregate turnover:- Value of all taxable supplies of goods and services Value of all Inter-state supplies
WebApr 11, 2024 · Notification No. 06/2024-CT dt. 31.03.2024. Extension of time limit for issuing adjudication order under section 73 for specific financial years. As per section 73 (10) of the CGST Act, the proper officer has to issue the order under. section 73 (9) within three years from the due date for furnishing of annual return for the financial year to ... indian army types of jobsAudit under GSTinvolves examination of records, returns and other documents maintained by a GST registered person. It also ensures correctness of turnover declared, taxes paid, refund claimed, input tax credit availed and assess other such compliances under GST Act to be checked by an authorised … See more ^For businesses with an annual turnover of less than Rs 5 crore, filing of GSTR-9C up to FY 2024-20 is waived off via various CBIC notifications. The applicability of GST audit by … See more If the annual turnover of a registered taxpayer is more than Rs.2 crore^ in a financial year , he is required to get his accounts audited by a Chartered Accountant or Cost Accountant every year. A financial year … See more Only a Chartered Accountant or a Cost Accountant can perform a GST Audit u/s 35. Points to Note: 1. An internal auditor cannot parallelly be … See more indian army t shirtWebJul 28, 2024 · *Maximum late fee per day cannot exceed 0.25% of Turnover in the State or Union territory under CGST/SGST/UTGST. Details to be provided in GSTR-9A How to prepare GSTR-9A & a detailed discussion of form? The format for Form GSTR – 9A was last revised vide CGST Notification No. 74/2024 – Central Tax dated 31st December 2024. lobby cell phone signWebGSTR-9C Turnover Limit Under GSTR 9 annual return, the government as also introduced GSTR9C audit form. GSTR 9C filing has been made mandatory for all the taxpayers whose annual aggregate turnover exceeds Rs. 2 Crore. To learn more on Form GSTR 9C format, click on the link provided. Who should file GSTR 9 ? indian army ultra hd imageshttp://caportal.saginfotech.com/blog/gstr-9-due-dates/ indian army trucks in trainsWebSep 8, 2024 · What is the Turnover limit for GST Annual Return (GSTR 9) for FY 2024-19? Under GST, an annual return needs to be submitted for each financial year in GSTR 9 form. The turnover limit for annual … lobbycentral linkedinWebNov 4, 2024 · As of today due date for GSTR 9 and 9C for FY 2024-19 is 30.11.2024. 5. What is the late filing fee for GSTR-9? Ans: As per Section 47 (2) of CGST Act, any person who fails to furnish GSTR-9 as required under section 44 by the due date shall be liable to pay a late fee of Rs. 100 per day subject to a maximum of an amount calculated at a … indian army t shirts for men