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# turnover

3 posts in `turnover` tag

BIG UPDATE: GSTR-9 Annual Return Filing for Turnover up to Rs. 2 Crores

The CBIC, through a tweet, also made an announcement regarding the waiver of the obligation for taxpayers with an annual turnover of up to Rs. 5 crore to file a reconciliation statement in Form GSTR-9C.

GSTR-9 & GSTR-9C Filing Requirement Waived: Turnover-based Exemption for Taxpayers with 2 Cr. & 5 Crore Turnover

For Reducing the Compliance burden of Small Taxpayers, CBIC take this step and made this waving-off of the Filing requirement decision to contribute more to the ease of doing business initiatives.

Mandatory 2 factor authentication e way bill e invoice systems

As of 15th July 2023, the National Informatics Centre has made it compulsory for taxpayers with an Annual Aggregate Turnover (AATO) exceeding 100 crores to implement Two-factor Authentication.