GST Return Relief to MSME's
- 12 Sep 2019
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Presently, GST Taxpayer having turnover less than 2crore are not required to file GSTR 9C but GST Council is all set to discuss the matter regarding exemption to be given to Msme's where small business would not required to file Annual Return if there turnover is less than 2 Crores.
"GST Council Meeting is to be held on 20th September where the matter is to be discussed" said an official.
Despite of so much difficulties, Small Business opted the GST with ease now the Govt is set to reduce the compliances burden on small business. The proposed measure to dispense small business from GST Annual Filing would ease small business.
Further, It will be decided in the meeting whether exemption of Annual Return Filing is for FY2017-18 or subsequent years also.
Currently, GST Annual Return Due date is 30th November, 2019 which is extended from 31st August, 2019.
Filing Samadhan can assist you in filing of GST Annual Return. For any clarification, kindly contact at 9999892903