Compliance burden reduced for GST taxpayers.
Dear all,
Your association SIMA is forwarding herewith an article regarding Compliance burden reduced for GST taxpayers.
The Ministry of Finance on 12th December 2021, Sunday announced that, some relaxations for GST taxpayers. Now, taxpayers with Annual Aggregate Turnover (AATO) upto ₹5 crore are not required to file the reconciliation statement in Form GSTR-9C for FY 2020-21 onwards, the ministry said in post on Twitter.
Also, taxpayers with AATO above ₹5 crore can now self-certify the reconciliation statement instead of getting it certified by chartered/cost accountant.
To view the Article PLEASE CLICK HERE.
Thanking you,
With Regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
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