CA Puja Ravindra Vengurlekar

CA Puja Ravindra Vengurlekar

GST Annual Return Applicable To:

Every registered person including those registered under composition levy scheme shall furnish an Annual Return in GSTR-9.

However, the following persons are not required to file GSTR 9

  • Input service distributors
  • Persons paying Tax under Section 51 (Tax Deducted at Source)
  • Persons paying Tax under Section 52 (Collection of Tax at Source)
  • Casual Taxable Person
  • Non-resident taxable persons.

Due Date :

GSTR-9 shall be filed on or before 31st December of the subsequent Financial Year.

Types Of GSTR 9:

There are 4 types of returns under GSTR 9:

Sr. No. Form GSTR   Description
1 GSTR 9 : It is  to be filed by the Regular Taxpayers who are filing GSTR 1, GSTR 2 & GSTR 3
2 GSTR 9A : to be filed by the persons registered under Composition Scheme under GST.
3 GSTR 9B : It is to be filed by the e-commerce operators who have filed GSTR 8 during the financial year.
4 GSTR 9C : It is  is a specific return for the taxpayers whose annual turnover is exceeds Rs  2 crores during the financial year.

All such taxpayers are also required to get their accounts audited and shall file a copy of audited annual accounts and reconciliation statement of tax already paid and tax payable as per audited accounts along with GSTR 9C.

Penalty for the Late filing of GSTR-9 :

GSTR 9 is to be filed on or before due date. If the GSTR 9 is not filed on or before due date then penalty will be applicable as follows:

Sr. No. Under Act   Penalty Applicable
1 CGST : Rs. 100 per Day
2 SGST : Rs. 100 per Day
3 IGST : NIL
Total : Rs. 200 per Day
However the maximum of such penalty will be 0.25% of the Total Turnover in the respective State or Union Territory

Revision of GSTR 9 :

Form GSTR-9 once filed cannot be revised. Any error / mistake / omission made in the return can be revised in the next month’s return, when the error /mistake / omission are identified.

GSTR 9 Format:

GSTR-9 will contain the details of all supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST. It basically consolidates the information furnished in the monthly / quarterly returns during the entire financial year.

GSTR

Proposed Performa for Annual Returns are attached herewith, at the following links-

Form No. Particulars
Proposed Form GSTR 9 : Annual Return
Proposed Form GSTR 9A : Simplified Annual Return For Compounding Taxable Persons
Proposed Form GSTR 9C : GST Audit Report
(See Section 35 (5) and Section 44 (2) of the Central Goods and Services Tax Act, 2017 read with Rule 80 of the Central Goods and Services Tax Rules, 2017)
Proposed Form GSTR 9D : Statement of particulars required to be furnished under section 35(5) and 44(2) of the CGST Act, 2017 read with corresponding provisions under the relevant State GST, UTGST and IGST Laws

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11 Comments

  1. Ajay Jain says:

    Hi Pujaji, Thank you for the article. I tried to search for the annual return section in the GST portal but couldn’t find it. please can you advise how to file the annual return on the GST portal?

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