GSTR reporting concessions continued for FY 2019 20, easing GSTR 9 and GSTR 9C filing requirements, including netting options and turnover threshold.
CBIC's 15.10.2020 amendments preserve concessions for FY 2019 20: GSTR 9 must report only that financial year's figures in Tables 4-7, permits netting of credit and debit notes into primary tables, consolidated reporting of exempt/nil/non GST supplies, aggregated treatment of inputs and input services with mandatory separate capital goods disclosure, cumulative reporting for reverse charge inward supplies, single cell reporting for ITC reversals, and use of GSTR 2A as of 01.11.2020 for Table 8A. Amendments during April-September 2020 are confined to Tables 10-13. Rule 80 keeps the existing turnover threshold for GSTR 9C audit applicability and continues prior form concessions. (AI Summary)