Question ID :
40464
TURN OVER FOR GSTR 9 AND 9 C
Which period turnover shall consider for the Purpose of Applicability of GSTR 9 and GSTR 9C for F. Y. 2017 -18 ?
Posted by
SUYOG SUDHIR AWACHAT
on
Nov 13, 2019
Filed Under
GST
For entire 12 months
Posted by
SUDIP KUMAR MUKHOPADHYAY on
Nov 15, 2019
Answer ID :
80239
For the financial year 2017-18, the GST period consists of 9 months whereas the relevant Section 35(5) uses the expression financial year; Therefore, in the absence of
clarification from the government, and to avoid any cases of default, it is reasonable to understand that to reckon the turnover limits prescribed for audit i.e., Rs. 2 crores one
has to reckon the turnovers for the whole of the financial year which would also include the first quarter of the financial year 2017-18.
Posted by
VARIS GOYAL on
Nov 16, 2019
Answer ID :
80252
As per Press release on 3rd July 2019 The Aggregate turnover for the F.Y. 2017-18 shall be consider from July 17 to March 18.
Posted by
Ninad Prataprao Shete on
Nov 19, 2019
Answer ID :
80266
Jul 17 to Mar18
Posted by
Ashish Kumar Goyal on
Nov 27, 2019