Read the below article to known every thing about GSTR-9 in simple language.
All the registered taxable persons under GST as regular taxpayers filing GSTR 1, GSTR 2, GSTR 3 except Casual Taxable Person, Input service distributors, Non-resident taxable persons, Person paying TDS under section 51 of GST Act are required to file GSTR-9. On or before 31st December of the subsequent financial year. For instance, for FY 2017-18, the due date for filing GSTR 9 is 31st December 2018. If not filed till due date late fees will be levied as is Rs. 100 per day per act up to a maximum of an amount calculated at a quarter percent of the taxpayer turnover in the state or union territory. Thus it is Rs 100 under CGST & 100 under SGST, the total penalty is Rs 200 per day of default. There is no late fee on IGST.
No payment is to be made with GSTR-9 except late fee if any.
If required, payment can be made on voluntary basis through GST DRC-03
PROCEDURE TO FILE GSTR-9
Facility to download system computed GSTR-9 as PDF format will be available based on GSTR-1 and GSTR-3B filed during the year
Consolidated summary of GSTR-1 will be available as PDF download Based on GSTR-1 filed,
Consolidated summary of GSTR-3B will be available as PDF download based on GSTR-3B filed.
In each table of GSTR-9, values will be auto-populated to the extent possible based on GSTR-3B and GSTR-1 of the year. All the values will be editable with some exceptions (table 6A, 8A, and tax payment entries in table 9).
Offline tool to be downloaded from the portal.
Auto-populated GSTR-9 (System computed json) to be downloaded from the portal before filling up values.
Table 6A and table 8A will be non-editable. Other values will be editable barring tax payment entries in table 9.
After filling up the values, JSON file to be generated and saved.
After logging on the portal, the json file to be uploaded.
A file will be processed and error if any will be shown.
Error file to be downloaded from the portal and opened in the Excel tool.
After making corrections, file will again be uploaded on the portal.
Corrections can be made online also except table 17 & 18 if the number of records exceeds 500 in each table.
After filing, return can be downloaded as PDF and/or Excel.
Revision facility is not there, therefore, the return should be filed after reconciling the information provided in the return and in the books.
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