Big relief to businessmen! Now CA audit is not required for GST returns, you will be able to self-certify

Goods and Services Tax (GST) taxpayers with a turnover of more than Rs 5 crore will be able to self-certify their annual return.

Now Goods and Services Tax taxpayers with a turnover of more than Rs 5 crore will be able to self-certify their annual return. For this, there will no longer be a need to get mandatory audit certification from Chartered Accountants.

Compliance burden reduced for GST Taxpayers.

  • Taxpayers with AATO upto Rs. 5 crore not required to file the reconciliation statement in Form GSTR-9C for FY 20-21 onwards.
  • Taxpayers with AATO above Rs. 5 crore can now self-certify the reconciliation statement in Form GSTR-9C.

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Read This : Annual Return in GSTR-9 for FY 2020-21 is Now Live

2 thoughts on “Big relief to businessmen! Now CA audit is not required for GST returns, you will be able to self-certify”

  1. Mohammad Ayub Bhat

    Means upto 5 cr.turnover we have to file self certified anual return.Is it so, please explain.

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