Gstr 9 exemption for fy 2021-22
WebIn excess of INR 10,000 for registered persons who have failed to furnish Annual Return in GSTR-9 for FY 2024- 18, FY 2024-19, FY 2024-20, FY 2024- 21, or FY 2024-22 by the due date. Furthermore, the late fee payable on delayed filing of GSTR-9 has been rationalized as under: ... the exemption from the provisions of Section 51A shall be ... WebApr 5, 2024 · The GSTR-9 and GSTR-9C formats are revised to accommodate reporting data up to FY 2024-22 across tables. As per Notification No: 10/2024 issued on 5th July 2024 A taxpayer may not file GSTR-9 for FY 2024-22 if the total turnover for FY 2024-22 fell below Rs.2 crore. As per Notification No: 79/2024 issued on 15th October 2024
Gstr 9 exemption for fy 2021-22
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WebGSTR 9 Annual Return to be filed by the all the registered regular taxpayers on or before 31st of December every year. In this comprehensive article, we have tried to cover all the … WebThe CBIC has exempted GST-registered taxpayers with annual aggregate turnover up to Rs.2 crore in FY 21-22 from filing Form GSTR-9. 29th December 2024 The due date to file GSTR-9 & self-certified GSTR-9C for the FY 2024-21 has been extended up to 28th February 2024. 31st July 2024
WebJul 6, 2024 · The GST Council’s 47th meeting held at Chandigarh on Tuesday and Wednesday decided to exempt the small taxpayers from the compliance of annual returns. ... hereby exempts the registered person whose aggregate turnover in the financial year 2024-22 is up to two crore rupees, from filing the annual return for the said financial … WebAdditionally, the late fee has been rationalised for delayed filing of GSTR-4 from FY 2024-22, via the CGST notification 21/2024 dated 1st June 2024. The maximum late fee will be restricted to Rs.500 per return for nil filing and Rs. 2000 for other than nil filing. ... Reduced the late fee for GSTR-9 from FY 2024-23: Taxpayers whose Annual ...
WebOct 27, 2024 · 55,224 views Premiered Oct 27, 2024 Annual Return GSTR-9 and GSTR-9c How to file GSTR9 and GSTR9C for fy 2024-22 how to file gstr9 for fy 2024-22 Filing of GSTR9C What is Form... WebJan 2, 2024 · FY 2024-22: 31st December 2024: GSTR 9 (Annual Return) FY 2024-21: 31st December 2024 To 28 February 2024 Read notification: Latest News/Updates of GSTR 9 Form: ... Rule 80 provides for exemption from GSTR-9C to taxpayers having AATO up to Rs. 5 crores.” Read Official Press Release
WebNov 12, 2024 · GSTR-9C can only be filed once GSTR-9 is filed. Those taxpayers who have not yet paid the tax liability or have unclaimed ITC pertaining for the FY 2024-22, they still have the option to correct/amend their supplies and claim ITC by 30 th November, 2024. (Notification No.18/2024-Central Tax dated 28.09.2024)
WebAug 11, 2024 · For example, the GSTR-9 due date for the financial year 2024-22 is December 31, 2024. Consequences of not filing or late filing The tax department has always strictly enforced noncompliance with the law, and GSTR 9 is no exception. Non-filing GSTR 9 or filing it after the due date can result in significant penalties for the taxpayer. Not filing tao account cho win 11WebJul 30, 2024 · The default due date as per rule 80 shall be 31 st December following the FY. Rule 80 provides for exemption from GSTR-9C to taxpayers having AATO up to Rs. 5 crores. Any person paying tax under composition scheme under section 10 shall furnish the annual return in GSTR-9A tao account cho win 10WebAug 5, 2024 · Filing of GSTR-9 and GSTR-9C for FY 2024-22 has started on GST Portal GSTR-9 (Annual Return) - Taxpayers having aggregate turnover upto Rs.2 Crores are exempted from filing GSTR-9 for FY 2024-22 vide Notification No.10/2024 - CT. All other taxpayers are required to file GSTR-9 for FY 2024-22. GSTR-9C (Self Certified … tao account microsofthttp://caportal.saginfotech.com/blog/gstr-9-due-dates/ tao accountWebApr 3, 2024 · The AATO up to Rs. 2 crores will be exempt from filing annual returns via GSTR 9 Forms for FY 2024-22. Read More “47th GST Council Meeting – Exemption from filing annual return in FORM GSTR-9/9A for FY 2024-22 to be provided to taxpayers having AATO up to Rs. 2 crores.” tao activewearWebNov 15, 2024 · CBIC exempts taxpayers having AATO upto Rs. 2 crores from the requirement of furnishing annual GST return (GSTR-9) for FY 2024-22 vide Notification No. 10/2024–Central Tax Dated: 5th July, 2024. Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. … tao action trong ptsWeb1 hour ago · 2.1 The new tax regime has rationalized the scope of taxation with five tax slab rates ranging from 0% to 30% with the basic exemption till Rs. 3 lakhs exempt from tax and the highest tax rate of 30% applicable on income above Rs. 15 lakhs. tao account twitter