The Ministry of Finance on Sunday announced some relaxations for GST taxpayers. According to official statement taxpayers with Annual Aggregate Turnover (AATO) upto ₹5 crore will not be required to file the reconciliation statement in Form GSTR-9C for FY 2020-21 onwards, the ministry said in a post on Twitter.
For GST Taxpayers who are under QRMP Scheme, here is another benefit. They can get the convenience of Invoice Furnishing Facility (IFF) to enable the flow of ITC to the recipients by uploading B2B invoices for November, 2021 by December 13, 2021.