CBIC exempts registered persons from furnishing of Annual Return or Reconciliation Statement for suppliers of OIDAR services

Jul 01, 2019 | by Avantis RegTech Legal Research Team

The Central Board of Indirect Taxes and Customs (CBIC) on June 28, 2019, has exempted the registered personsfrom furnishing of Annual Return / Reconciliation Statement for suppliers of Online Information Database Access and Retrieval Services (OIDAR services).

Whereas, CBIC notifies that the persons registered under section 24 of the Central Goods and Services Tax Act, 2017, which specifies the Compulsory registration in certain cases, read with rule 14 of the Central Goods and Services Tax Rules, 2017, supplying online information and data base access or retrieval services from a place outside India to a person in India, other than a registered person as the class of registered persons who will not be required to furnish an annual return in FORM GSTR-9 and also not required to furnish reconciliation statement in FORM GSTR-9C.

[Notification No.30 /2019 – Central Tax]


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