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GSTR Annual Report

m.prasad (B.Com) (128 Points)

11 November 2019

Annual return for 17.18 below 2 core is exempt gst 9

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prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 11 November 2019

please refer Notification 47 /2019 date 9/11/2019 , if you are regular Tax payer and not under composition scheme .

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srikumar (audit staff) (1203 Points)
Replied 11 November 2019

It's Optional, if not filing GST 9 it shall consider as deemed filing. so filied gst 9 is better

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 11 November 2019

( Annual return for 17.18 below 2 core is exempt gst 9 )

It's not exempted. It's just optional...

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 11 November 2019

Yes , turnover below 2Crore not mandatorily to file GSTR 9

Rajesh Jhajharia (Service) (15 Points)
Replied 12 November 2019

Lift installed in factory for movement of goods, whether eligible for ITC or NOT

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Rajesh Jhajharia (Service) (15 Points)
Replied 12 November 2019

RCM not paid by assessee on GTA services availed, whether mandatory to report the same in GSTR-9, Calculate tax & pay the same alogwith interest?

If assessee pay the same, whether he should be liable to tax input credit of same amount and if yes how? Please advice

Alternatively as an Auditor can we report in GSTR-9C that assessee not followed RCM rule and close the matter without paying any tax

Rajesh Jhajharia (Service) (15 Points)
Replied 12 November 2019

whether Creditors outstanding for more than 180 days, requires to be notified in Annual return 9 & 9C or we can just ignore the same while conducting the audit. Becoz other huge demand shall be payable and if assessee agrees to pay the same, how he sld take credit of same