The Central Board of Indirect Taxes and Customs through Gazette notification dated 30th July, 2021 has issued the Central Goods and Services Tax (Sixth Amendment) Rules, 2021. The amendment revises the provisions governing filing of annual return. The amendment also provides a new format for filing verification along with FORM GSTR-9C.
As per the amendment, every registered person including an Input Service Distribution, a casual taxable
person and a non-resident taxable person, shall furnish an annual return for every financial year as in FORM GSTR-9 on or before the thirty-first day of December following the end of such financial year.
Every registered person, including an Input Service Distribution, a casual taxable person and a non-resident taxable person, whose aggregate turnover during a financial year exceeds five crore rupees, shall also furnish a self-certified reconciliation statement as specified under section 44 in FORM GSTR-9C along with annual return, on or before the thirty-first day of December following the end of such financial year.
The Gazette notification also exempts the registered person whose aggregate turnover in the financial year 2020-21 is up to two crore rupees, from filing annual return for the said financial year.
