1. GSTR 9 is mandatory annual return to be filed by every taxpayer registered as normal taxpayer during the financial year.It consists of details regarding the outward and inward supplies made/received during the relevant previous year under different tax heads i.e. CGST, SGST & IGST and HSN codes.
2. Form GSTR-9 is required to be filed at the GSTIN level. If a taxpayer has obtained multiple GST registrations, under the same PAN, whether in the same state or different states, he/she is required to file annual return for each registration separately.
3. All registered taxable persons under GST must file GSTR-9. However, the following persons are not required to file GSTR-9:
Note: Filing of GSTR-9 has been made optional for those with turnover of less than Rs 2 crores, while GSTR-9A, applicable to composition taxpayers, has been done away with. Both these changes are applicable for FY 2017-18, FY 2018-19 by GST Council 37th meeting.
4. A NIL GSTR-9 annual return can be filed only if all the below criteria are met for the financial year:
5. If the status of the person is not registered as on the last day of the financial year but he was registered at any time during the relevant financial year, GSTR-9 must have to be filed.
E.g. If the status of the taxpayer is not registered on 31st March 2018 but he was registered between July-17 to March-18, he is required to file GSTR-9 providing details for the period during which he was registered.
6. All applicable statements in Form GSTR-1 and returns in Form GSTR-3B of the financial year shall have to be filed before filing GSTR-9.
7. It is not compulsory to mention HSN/ SAC codes in GSTR-9 for outward/inward supplies, if the turnover is below Rs. 1.5 crores.
8. Form GSTR-9 once filed cannot be revised. It’s recommended to carefully check the values auto populated in the annual returns, match with books of accounts and accordingly make suitable corrections before filing the return.
9. CBIC department has extended the due date of GSTR 9 and GSTR-9C as mentioned below:
10. As per Section 47(2) of Central Goods and Service Tax Act 2017, a person will be fined a penalty of INR 100 per day (CGST) + INR 100 per day (SGST), amounting to a total of INR 200 per day if he/she fails to file GSTR-9 before the due date. However, the maximum amount of penalty a person can be fined is 0.25% of the total turnover.