SUMMARY OF NOTIFICATION NO. 29/2021-CT, 30/2021-CT & 31/2021-CT DATED 30/07/2021

Notification No.  : Applicable from : Notification Says :
Notification No. 29/2021-Central Tax Dated 30th July 2021 1st August 2021 Section-110 and Section-111 of Finance Act, 2021 applicable from 01/08/2021.

  • Sec-110 : Section 35(5) of shall be omitted i.e Certification of GSTR-9C  by CA/CMA is not required from FY 2020-21. Self-Certification by the Taxpayer shall be done only.
  • Sec-111 : Section 44 of CGST Act, 2017 amended. Amendment says that Every Registered Person shall furnish an Annual return which may include a self-certified reconciliation statement.
Notification No. 30/2021- Central Tax Dated 30th July 2021 1st August 2021 Rule 80 of CGST Rules, 2017 amended and GSTR-9 and GSTR-9C for FY 2020-21 notified.

  • Taxpayers having AATO upto Rs. 5 crores exempted from filing GSTR-9C for FY 2020-21.
  • Taxpayers having AATO more than Rs. 5 crores shall furnish Self-Certified reconciliation statement in Form GSTR-9C along with Annual Return on or before the thirty-first day of December following the end of such financial year.
  • Part B of GSTR-9C : Certification shall be omitted.
Notification No. 31/2021- Central Tax Dated 30th July 2021 1st August 2021 Registered person whose aggregate turnover in the FY 2020-21 is upto Rs. 2 crores, exempted from filing Annual return (GSTR-9).

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