https://www.taxtmi.com/article/detailed?id=10107 The substituted rule 80 requires a self certified GST annual return and reconciliation for FY 2020 21 due 31.12.2021, removes mandatory auditor audit for reconciliation, and sets turnover thresholds: exemption up to two crore, GSTR 9 mandatory up to five crore with GSTR 9C required only above five crore. Form and instruction amendments permit optional reporting or netting of various tables for FY 2020 21, add an "Others" liability category in GSTR 9C, recast Part V as taxpayer declaration of additional liability, and omit auditor certification, while TRAN 1/2 disclosures and certain reversals remain mandatory in specified tables. en-us Fri, 10 Dec 2021 10:41:45 +0530 Fri, 10 Dec 2021 10:41:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10107 The substituted rule 80 requires a self certified GST annual return and reconciliation for FY 2020 21 due 31.12.2021, removes mandatory auditor audit for reconciliation, and sets turnover thresholds: exemption up to two crore, GSTR 9 mandatory up to five crore with GSTR 9C required only above five crore. Form and instruction amendments permit optional reporting or netting of various tables for FY 2020 21, add an "Others" liability category in GSTR 9C, recast Part V as taxpayer declaration of additional liability, and omit auditor certification, while TRAN 1/2 disclosures and certain reversals remain mandatory in specified tables. Articles Goods and Services Tax - GST Fri, 10 Dec 2021 10:41:45 +0530 https://www.taxtmi.com/article/detailed?id=10107