About 91% of eligible large Taxpayers filed Annual GST Return and 92% eligible large taxpayers filed the Reconciliation Statement (GSTR-9C) by 12th Feb 2020 

– 91.3% of eligible large taxpayers filed annual return (GSTR-9) by 12th Feb 2020.

– 92.3% filed reconciliation statement (GSTR-9C) by 12th Feb 2020.

-Total 42.03 Lakhs regular taxpayers filed GSTR-9 out of which 32.92 Lakhs were not mandated to file it.

– Total 9.46 Lakhs regular taxpayers filed GSTR-9C out of which 1.04 Lakhs were not mandated to file it.

New Delhi, 16th February 2020:The filing of annual return for the year 2017-18 was successfully done by about 92% of the eligible large taxpayers (turnover more than 2 Crores), by 12th Feb 2020. GST Network (GSTN), the IT backbone of GST, has released statistics on the filing of annual return- GSTR-9 and reconciliation statement- GSTR-9C. The statistics show that out of eligible large taxpayers, 91.3% had filed their annual return by 12th Feb 2020. Similarly, 92.3% eligible large taxpayers had filed their reconciliation statement before the said date.

While Annual Return filing is optional for taxpayers having annual turnover upto Rs 2 Crores, the same is mandatory for those having annual turnover above Rs 2 Crores. Such taxpayers are also required to file Reconciliation Certificate known as GSTR-9C, which can be filed only after filing of GSTR-9.

The eligibility for filing annual return (GSTR-9) along with reconciliation statement (GSTR-9C) is dependent on the following factors:

1. The taxpayer must be registered as a ‘Regular Taxpayer’

2. The taxpayer should have an aggregate turnover of more than Rs. 2 crore in FY 2017-18.

3. The taxpayer should have filed all the required monthly or quarterly returns, which are GSTR-1 and GSTR-3B for that financial year.

Status of Annual GST Return and Reconciliation Statement filed by large Taxpayers

The data shows that the number of taxpayers with a turnover of more than Rs. 2 crore is 12.42 Lakhs and this is only 13.4% of the total 92.58 Lakhs regular taxpayers.

No. of Tax Payers registered as ‘Regular Taxpayers’ 92.58 Lakhs
Out of 92.58 Lakhs, those who are not mandated to file GSTR-9 80.16 Lakhs*
Remaining taxpayers, who are mandated to file GSTR-9 12.42 Lakhs~

Status of Annual Return (GSTR-9) filed by SMS TaxpayersThe taxpayers having annual turnover upto Rs 2 Crores, for whom filing of Annual Return (GSTR-9) is not mandatory, also filed the same in good numbers. Further, around 1.04 Lakh taxpayers who had an annual turnover of upto Rs 2 Crores and were not mandated to file the GSTR 9C return, also chose to file the reconciliation statement.

The last date of filing of the annual return was extended on 4 occasions. Recently, the Hon’ble Supreme Court had also not extended the date any further than what the Government had notified as the due date for filing the annual return.  The taxpayers who have not filed by due date can still file the returns for 2017-18 but will be required to pay the late fee.

The States/UT where the filing percentage of GSTR 9 C is more than 90% by eligible large regular taxpayers (i.e. taxpayers who have filed GSTR-9) are:

  • Maharashtra: 96%
  • Rajasthan:95%
  • Gujarat: 95%
  • Lakshadweep: 95%
  • Punjab:94%
  • Haryana: 94%
  • Chandigarh: 94%
  • Delhi: 93%
  • Karnataka: 93%
  • Chhattisgarh:92%
  • Goa:92%
  • West Bengal: 92%

About GSTN:

Goods and Services Tax Network (GSTN) is a Section 8 (under new companies Act, not for profit companies are governed under section 8), non-government, private limited company. Instituted in March 2013, the Company has been set up primarily to provide IT infrastructure and services to the Central and State Governments, tax payers and other stakeholders for implementation of the Goods and Services Tax (GST).

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April 2021