Summary of notifications issued on 30 July 2021 – india-gst.in


Summary of notifications issued at 30NS July 2021

Notice No. 29/2021 – Central Tax

As part of the ease of doing business, in the Finance Act 2021, GST auditing is abolished and cancellation returns are simplified through taxpayer self-certification only.

The same has been activated as of 1St August 2021.

Notice No. 30/2021 – Central Tax

In accordance with the Finance Act 2021, changes to the GSTR-9 and 9C formats have been announced.

With this notice, the GSTR -9C is now self-certified but the format will remain the same except for some changes.

The annual return, i.e. GSTR-9, must be filed on or before December 31, which means the due date for filing the annual return for fiscal year 2020-2021 is December 31, 2021.

Mr. La Model type taxpayer category due date
1 GSTR Model – 9 Ordinary taxpayers December 31, 2021
2 Model GSTR – 9A taxpayer training
3 Model GSTR – 9B E-commerce operators December 31, 2021
4 Form GSTR – 9C (Statement of Adjustment) (Applicable
For taxpayers whose turnover is over Rs 5 crore
Ordinary taxpayers December 31, 2021

Below are the changes made to the GSTR-9 model

The return does not apply to the 2020-2021 fiscal year.

Below are the changes made to the GSTR – 9C . model

The certification will be self-certified by the taxpayer and does not require a cost practice certification or chartered accountant.

Another column has been added to the following tables

Table 9 – Settlement of the obligation in terms of price and amount payable on it

Table 11 – Additional Amount Payable But Not Paid (Payable

PART V – ADDITIONAL LIABILITY FOR NON-SETTLEMENT

Certification Section – Part B Dropped

Notification No. 31/2021 – Central Tax

Taxpayers with a Gross Turnover of less than $2 crore are not exempt from filing an annual return i.e. Form GSTR-9.

The effective date of the notice is August 1, 2021.

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