The Central Board of Indirect Taxes and Customs (CBIC) has notified the GST Audit Form ‘FORM GST-9C by amending the Central Goods and Services Tax Rules, 2017.
The Central Goods and Services Tax (Tenth Amendment) Rules, 2018 notified by the Board today specified that the amendment is applicable from 13th September 2018. GSTR 9C should be filed by the taxpayers whose annual turnover exceeds Rs 2 crores during the financial year.
All such taxpayers are also required to get their accounts audited and file a copy of audited annual accounts and reconciliation statement of tax already paid and tax payable as per audited accounts along with GSTR 9C.
http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-49-central-tax-english-new.pdf;jsessionid=33BECC70E46E1C1B3379241F034E40C2
Govt Notifies Implementation of TDS, TCS Provisions under GST
In a significant move, the Central Government has notified that the provisions relating to Tax Deduction at Source ( TDS ) and Tax Collection at Source ( TCS ) under the new Goods and Services Tax (GST) regime will be implemented from 1st October 2018.
The registration for these provisions has already started in the GSTN portal from earlier this year. As per the Central Goods and Services Tax (CGST) Act, the notified entities are required to collect TDS at 1% on payments to suppliers of goods or services in excess of Rs 2.5 lakh.
http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-50-central-tax-english.pdf;jsessionid=23C33F05B9F6A2B3A62F7108AE94DC54
http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-51-central-tax-english-new.pdf;jsessionid=E5EBC6C21A68CCD85AF8894E633432F5