CBIC offers more relaxations to small taxpayers for FY20

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 CBIC offers more relaxations to small taxpayers for FY20:

The Council had decided that from April 1, 2021, taxpayers with more than Rs 5 crore turnover will have to compulsorily mention harmonised system nomenclature (HSN) codes up to six digits


The Central Board of Indirect Taxes and Customs (CBIC) has provided further relaxations in compliance for small taxpayers for the financial year ended March 2020, after

The requirement to file annual return in GSTR-9 by taxpayers having aggregate turnover up to Rs 2 crore has been made optional for financial year 2019-20.

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