GSTR-9 is an annual return to be filed yearly by taxpayers registered under the GST Act. Form GSTR-9 is required to be filed at the GSTIN level i.e. for each registration. It consists of details regarding the outward and inward supplies made/received during the relevant previous year, ITC availed, tax paid and HSN codes.
It will be optional for taxpayers having annual turnover up to Rs. 1.50 Crore to report the summary of inward/outward supplies received/made against a particular HSN code. However, it is mandatory to report HSN code at two digits level for taxpayers having annual turnover in the preceding year above Rs. 1.50 crore but up to Rs. 5.00 Crore and at four digits level for taxpayers having turnover above Rs. 5.00 Crore.
There are 4 types of Annual returns under the GST law. They are:
All taxpayers/taxable persons registered under GST must file Form GSTR-9. However, the following persons are NOT required to file GSTR-9:
The pre-conditions for filing of GSTR-9 are:
The Annual return is required to be filed electronically on or before the 31st December following the end of relevant financial year. However, the due date for filing GSTR-9 and GSTR-9C has been extended to 31st January 2020 for FY 2017-18 and 31st March 2020 for FY 2018-19.
No, GSTR-9 cannot be revised after filing.
Any registered person who fails to furnish the return required under section 44 by the due date shall be liable to pay a late fee of two hundred rupees (Rs.100 for CGST and Rs.100 for SGST) for every day during which such failure continues subject to a maximum of an amount calculated at a half per cent (0.25% for CGST and 0.25% for SGST) of his turnover in the State or Union territory.