Foreign airlines exempted from furnishing reconciliation Statement FORM GSTR-9C
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
Notification No. 09/2020– Central Tax
New Delhi, the 16th March, 2020
G.S.R….. (E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby notifies the persons who are foreign company which is an airlines company covered under the notification issued under sub-section (1) of section 381 of the Companies Act, 2013 (18 of 2013) and who have complied with the sub-rule (2) of rule 4 of the Companies (Registration of Foreign Companies) Rules, 2014, as the class of registered persons who shall follow the special procedure as mentioned below.
2. The said persons shall not be required to furnish reconciliation statement in FORM GSTR-9C to the Central Goods and Services Tax Rules, 2017 under subsection (2) of section 44 of the said Act read with sub-rule (3) of rule 80 of the said rules:
Provided that a statement of receipts and payments for the financial year in respect of its Indian Business operations, duly authenticated by a practicing Chartered Accountant in India or a firm or a Limited Liability Partnership of practicing Chartered Accountants in India is submitted for each GSTIN by the 30th September of the year succeeding the financial year.
[F. No-20/08/01/2019-GST]
(Pramod Kumar)
Director to the Government of India
Download Notification Click Here >>
- Revised Criteria for classification of Non-company entities for applicability of AS
- Turnover limit reduced to 250 crore for companies to comply with TReDS
- Addition confirmed as assessee failed to rebut presumption drawn u/s 68 rws 69A
- DRI officers competent to to issue show cause notice u/s 28 Customs Act for recovery
- Pooja Expenses are allowable business expenditure u/s 37 of Income Tax Act