Special Procedure for Foreign Airlines Companies

Scope and Authority: Amendment under section 148 of CGST Act, 2017. Applies to foreign airlines companies compliant with Companies Act, 2013.

Reconciliation Statement Exemption: Exempts from furnishing FORM GSTR-9C under GST rules. Streamlines compliance for foreign airlines operating in India.

Submission Requirement: Mandates submission of authenticated statement of receipts and payments. Authenticated by practicing Chartered Accountant in India or a firm.

Deadline for Submission: Statement for each GSTIN must be submitted by September 30th of the following financial year.

Ensuring Financial Transparency: Provides a mechanism to maintain financial transparency. Supports regulatory oversight and compliance monitoring.

Pramod Kumar, Director to the Government of India