GSTR 9C and the aggregate turnover is less than ₹ 2Cr.

[Hariharan Sundaram]

Dear experts whether the taxpayer is required to file GSTR 9C though his aggregate turnover is less than ₹ 2 Crores? Why I am asking this query is, in the Press release dated 04.07.2019, the Government has clarified that in respect of certain variations on account of Reverse charge in respect of Financial Year 2017-18 paid during Financial Year 2018-19, the same can be reconciled through GSTR 9C. Kindly give your valuable opinion

[KASTURI SETHI]

Wait for enactment of the Financial Bill, 2019. As per news, Bill has been passed with some changes. So nothing concrete can be said till the enactment/issuance of notification.

AI Summary

Taxpayer Queries Need for GSTR 9C Filing with Turnover Under 2 Crores; Await Financial Bill 2019 Changes A taxpayer inquired whether filing GSTR 9C is necessary if their aggregate turnover is less than 2 Crores. This query was prompted by a government press release stating that certain variations due to reverse charges for the financial year 2017-18, paid during 2018-19, could be reconciled through GSTR 9C. The response advised waiting for the enactment of the Financial Bill, 2019, as its passage with changes could affect the requirement, and no definitive answer could be given until official notification.