exemption from furnishing of Annual Return / Reconciliation Statement for suppliers of Online Information Database Access and Retrieval Services(“OIDAR services”)
The Goods and Services
Tax Act, 2017 came into force in India with effect from 1.7.2017.
The Central Government
has now gave exemption from furnishing of Annual Return / Reconciliation Statement for Suppliers of Online Information
Database Access and Retrieval Services (OIDAR SERVICES) vide Notification No.
30/2019 – Central Tax dated 28.6.2019.
The relevant
Notification is given below for ready reference:
(i)]
Government of India Ministry
of Finance Department of Revenue
Central
Board of Indirect Taxes
and
Customs
Notification No.30 /2019 – Central
Tax
New Delhi, the 28th June,
2019
G.S.R......(E).— In exercise of the powers conferred by section 148 of the Central Goods and
Services Tax Act, 2017 (12 of 2017) (hereinafter referred
to as “the
said Act”), the Central
Government, on the recommendations of the Council, hereby notifies the persons registered
under section 24 of the said Act read with rule 14 of
the Central Goods and Services Tax
Rules, 2017, (hereinafter referred to as “the said rules”), 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 shall follow
the special procedure as mentioned below.
2. The said persons shall not be required to furnish an annual return in FORM GSTR-9 under sub-section (1)
of
section 44 of the said Act read with sub-rule (1) of rule 80 of the said rules.
3. The said persons shall not be required to furnish reconciliation statement in FORM
GSTR-9C under sub-section (2) of section 44 of the said Act read with sub-rule (3) of rule
80
of the said rules.
[F. No. 20/06/16/2018-GST]
(Ruchi Bisht) Under
Secretary to the Government of India