https://www.taxtmi.com/forum/issue?id=115362 Registration and GST liability arise where rental income from commercial immovable property exceeds the prescribed threshold. Registered persons whose aggregate turnover crosses the audit threshold must furnish audited annual accounts and a reconciliation statement in FORM GSTR 9C. The CGST Rules' Annual Financial Statement incorporates trading accounts, profit and loss statements and a balance sheet, so audited financial statements prepared for other statutory filings satisfy GST annual return and audit requirements. en-us Tue, 27 Aug 2019 11:10:30 +0530 Thu, 23 Jan 2025 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115362 Registration and GST liability arise where rental income from commercial immovable property exceeds the prescribed threshold. Registered persons whose aggregate turnover crosses the audit threshold must furnish audited annual accounts and a reconciliation statement in FORM GSTR 9C. The CGST Rules' Annual Financial Statement incorporates trading accounts, profit and loss statements and a balance sheet, so audited financial statements prepared for other statutory filings satisfy GST annual return and audit requirements. Discussion-Forum GST Tue, 27 Aug 2019 11:10:30 +0530 https://www.taxtmi.com/forum/issue?id=115362