For Financial Year 2018-19 Turnover Limit of 5 crore for filing of GSTR 9C is applicable for all concern or for MSME ?

Reply—As per notification No.41/2020–Central Tax Dated: 5th May, 2020, time limit for furnishing of the annual return for the financial year 2018-2019 extended till the 30th September, 2020.

As per rule amendment in rule 80 of CGST Rules via notification No.16/2020–Central Tax Dated 23rd March, 2020, every registered person whose aggregate turnover during the financial year 2018-2019 exceeds five crore rupees shall get his accounts audited as specified under sub-section (5) of section 35 and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in FORM GSTR-9C for the financial year 2018-2019, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.”.

The above rule is applicable for all taxpayers not only for MSMEs, Now GST audit is required only when turnover is more than Rs. 5 crore.