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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