Govt. omits requirement of Audited Financial Statements/ GSTR 9C

Govt. omits the requirement of submission of Audited Financial Statements and Audited GST Reconciliation Statement (Form GSTR 9C). Now the taxpayers can submit Form GSTR 9C on self certification basis (unaudited), w.e.f. 01/08/2021.

Accordingly, Govt. notifies 01/08/2021 as the appointed/ commencement date in respect of provisions of sections 110 and 111 of the Finance Act, 2021, i.e. omission of section 35(5) and substitution of section 44 of the CGST Act, 2017.

CBIC Central Tax Notification 29/2021 dt. 30/07/2021: Govt. omits requirement of submission of Audited Financial Statements and Audited GST Reconciliation Statement (Form GSTR 9C)

S.O. 3065(E).- In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2021 (13 of 2021), the Central Government hereby appoints the 1st day of August,  2021, as the date on which the provisions of sections 110 and 111 of the said Act shall come into force.

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