Key changes related to changes in Annual Return GSTR 9 and 9C for F.Y. 2019-20

• E-way bill shall be blocked for taxpayers having aggregate turnover > Rs. 5 Cr. if GSTR 3B for two consecutive tax periods has not been filed (effective date 16^th October)
• Due date for quarterly filling of  GSTR-1 return has been prepared to 13 days from the end of the quarter as against 30 days from the end of quarter
• No change in due date for filling of GSTR-3B monthly return
• Change in requirement to mention HSN code on Tax Invoice effective from 1-4-2021 :

Turnover in Prev. F.Y.	HSN digits to be mentioned	Nature of transactions
Up to 5 cr.	4	All except B2C
More than 5 cr.	6	In all transactions including B2C

• Key changes related to GSTR-9 Annual Return and GSTR-9C GST audit for F.Y. 2019-20 :

1. GSTR-9 optional for taxpayers with turnover up to 2 cr. in previous FY.
2. No changes in limit for applicability of GST audit (applicable if turnover > 5 cr.)
3. ITC availed shall be compared with GSTR-2A as on 1^st Nov. 2020 if suppliers file return after 31^st October, 2020, ITC pertaining to same will not be available
4. Relaxation to furnish certain details in GSTR 9 including details of HSN wise summery of purchases and sales has been withdrawn

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The purpose of this blog is for education purpose and should not be construed as professional advice. Views expressed herein are the personal views of the author. Government or judicial authorities may or may not subscribe to the views expressed herein. Author of the blog is not liable for any implications arising out of actions taken based on the views expressed herein.