In a tweet, CBIC also announced that the requirement of filing reconciliation statement in Form GSTr-9C by taxpayers with annual turnover up to ₹5 crore has also been waived.
The Central Board of Indirect Taxes & Customs (CBIC) has waived the requirement of filing Annual Return in Form GSTr-9 for taxpayers with annual turnover up to ₹2 crore.
In a tweet, CBIC also announced that the requirement of filing reconciliation statement in Form GSTr-9C by taxpayers with annual turnover up to ₹5 crore has also been waived.
Form GSTR-9 is used to file GST annual returns for taxpayers registered as regular taxpayers, SEZ units and SEZ developers.
The step has been taken to reduce compliance burden of small taxpayers.
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