Special Procedure for Submission of GSTR 9C by Foreign Airlines notified by CBIC

CBIC notifies special procedure for exemption of Foreign Airline companies from submission of reconciliation statement in Form GSTR 9C, i.e. submission of a CA certified yearly receipts and payments statement of Indian Business operations for each GSTIN by 30th September following the financial year.

CBIC Notification 9/2020 Central Tax dt 16 March 2020: Special Procedure for Submission of GSTR 9C by Foreign Airlines

G.S.R. (E).- In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby notifies the persons who are foreign company which is an airlines company covered under the notification issued under sub-section (1) of section 381 of the Companies Act, 2013 (18 of 2013) and who have complied with the sub-rule (2) of rule 4 of the Companies (Registration of Foreign Companies) Rules, 2014, as the class of registered persons who shall follow the special procedure as mentioned below.

2. The said persons shall not be required to furnish reconciliation statement in FORM GSTR-9C to the Central Goods and Services Tax Rules, 2017 under subsection (2) of section 44 of the said Act read with sub-rule (3) of rule 80 of the said rules:

Provided that a statement of receipts and payments for the financial year in respect of its Indian Business operations, duly authenticated by a practicing Chartered Accountant in India or a firm or a Limited Liability Partnership of practicing Chartered Accountants in India is submitted for each GSTIN by the 30th September of the year succeeding the financial year.

Leave a Reply