For the financial year 2025-26, above what aggregate turnover must a registered person, not in an excluded category, furnish a self-certified reconciliation statement in Form GSTR-9C under rule…
Question and options
For the financial year 2025-26, above what aggregate turnover must a registered person, not in an excluded category, furnish a self-certified reconciliation statement in Form GSTR-9C under rule 80(3) of the CGST Rules, 2017?
₹2 crore
₹20 crore
₹10 crore
₹5 crore
Answer and explanation
Correct answer: D - ₹5 crore
Rule 80(3) of the CGST Rules requires a registered person whose aggregate turnover in the financial year exceeds ₹5 crore to furnish a self-certified reconciliation statement in Form GSTR-9C along with the annual return. ₹2 crore is the turnover up to which filing of the annual return itself has been made optional.
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