GST Annual Return – It comprises of details regarding the outward and inward supplies made and received during the relevant FY. It is a consolidation of regular returns/ forms (GSTR-1, GSTR-3B) filed on a monthly / quarterly basis. All registered taxpayers (except for Input service distributor [ISD], composition scheme dealer [GSTR-9A applicable], non-resident taxable person, casual taxable person & GST TDS deductor) under GST must file GST Annual Return in Form GSTR-9 for every FY on or before 31st December following the end of such FY. The due date for filing annual return for FY 2018-19 has been presently extended till 30th Sep 2020.
Part-I | Basic Details |
Part-II | Details of outward and inward supplies made during the financial year |
Part-III | Details of ITC for the financial year |
Part-IV | Details of tax paid as declared in returns filed during the financial year |
Part-V | Particulars of the transactions for the FY 18-19 declared in returns between April 19 till September 19 |
Part-VI | Other information: Particulars of Demands and Refunds, HSN Summary, Late Fee etc. |
Part-I: Basic Details
Table 1 – Financial year for which annual return is being filed
Table 2 – GSTIN
Table 3A – Legal name
Table 3B – Trade name (if any)
Part-II: Details of Outward and inward supplies made during the financial year
Table 4 – Details of advances, inward and outward supplies made during the financial year on which tax is payable
Table 4A: Supplies made to un-registered persons (B2C) –
Table 4B: Supplies made to registered persons (B2B) –
Table 4C: Zero rated supply (Export) on payment of tax (except supplies to SEZs) – Aggregate value of exports (except supplies to SEZs) on which tax has been paid shall be declared here. Table 6A of FORM GSTR-1 may be used for filling up these details.
Supplies made by a registered taxpayer to a recipient outside India i.e. exports (both goods or services) or supply to an SEZ unit / developer shall be treated as Zero rated supplies in GST. Zero rated supplies may be made with payment of tax or without payment of tax under LUT. – Sec. 16 of IGST Act 2017
Table 4D: Supply to SEZs on payment of tax – Aggregate value of supplies to SEZs on which tax has been paid shall be declared here. Table 6B of GSTR-1 may be used for filling up these details.
Table 4E: Deemed Exports – Aggregate value of supplies which are in the nature of deemed exports on which tax has been paid shall be declared here. Table 6C of FORM GSTR-1 may be used for filling up these details.
“Deemed Exports” refers to supplies of goods manufactured in India (and not services) which are notified as deemed exports under Section 147 of the CGST/SGST Act, 2017. The supplies do not leave India. The payment for such supplies is received either in Indian rupees or in convertible foreign exchange. Deemed exports are not zero rated supplies by default, unlike the regular exports. Following category of transactions has been notified as Deemed Exports by CBIC vide notification no. 48/2017-CT:
1. Supply of goods by a registered person against Advance Authorisation.
2. Supply of capital goods by a registered person against Export Promotion Capital Goods Authorisation
3. Supply of goods by a registered person to Export Oriented Unit
4. Supply of gold by a bank or Public Sector Undertaking against Advance Authorisation.
https://www.cbic.gov.in/resources//htdocs-cbec/gst/Deemed%20Exports%20in%20GST.pdf
Table 4F: Advances on which tax has been paid but invoice has not been issued (not covered under (A) to (E) above) – Details of all unadjusted advances i.e. advance has been received and tax has been paid but invoice has not been issued in the current year shall be declared here. Table 11A of FORM GSTR-1 may be used for filling up these details.
As per the provision of time of supply of services, mentioned under Sec. 13 of CGST Act 2017, if the advance is received before the issue of the invoice the time of supply would be the date of receipt of advance. Thus, taxpayer receiving advance must pay GST on the amount received.
Note: For the supply of goods advance received is not subject to GST. The entire amount will be taxed on the issue of the invoice (w.e.f. 15th November 2017).
Table 4G: Inward supplies on which tax is to be paid on reverse charge basis –
Reverse charge mechanism [Sec 9 (3)] – Tax is liable to be paid under reverse charge by the recipient on specific goods and services, which are notified by the Government. (e.g. legal services, GTA services etc.)
Reverse charge mechanism [Sec 9 (4)] – Tax is liable to be paid under reverse charge by a specific class of registered person, upon receipt of specified category of goods and services, which are notified by the Government, from an unregistered person.
Table 4H: Sub-total (A to G above) – This field shall be auto calculated.
Table 4I: Credit Notes issued in respect of transactions specified in (B) to (E) above (-) –
Table 4J: Debit Notes issued in respect of transactions specified in (B) to (E) above (+) –
Table 4K: Supplies / tax declared through Amendments (+) & Table 4L: Supplies / tax reduced through Amendments (-) –
Table 4M: Sub-total (I to L above) – This field shall be auto calculated.
Table 4N: Supplies and advances on which tax is to be paid (H + M) above – This field shall be auto calculated.
Table 5 – Details of Outward supplies made during the financial year on which tax is not payable
Table 5A: Zero rated supply (Export) without payment of tax –
Table 5B: Supply to SEZs without payment of tax –
Table 5C: Supplies on which tax is to be paid by the recipient on reverse charge basis –
Table 5D: Exempted; Table 5E: Nil Rated & Table 5F: Non-GST supply (includes ‘no supply’) –
Non-GST Supply – Goods and services on which GST is not levied at all. It doesn’t fall within the ambit of GST.
NIL Rated Supplies – Goods and services on which 0% GST is applicable. It falls within the ambit of GST.
Exempt supply – It means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax and includes non-taxable supply.
Table 5G: Sub-total (A to F above) – This field shall be auto calculated.
Table 5H: Credit Notes issued in respect of transactions specified in A to F above (-) –
Table 5I: Debit Notes issued in respect of transactions specified in A to F above (+) –
Table 5J: Supplies declared through Amendments (+) & Table 5K: Supplies reduced through Amendments (-) –
Table 5L: Sub-Total (H to K above) – This field shall be auto calculated.
Table 5M: Turnover on which tax is not to be paid (G + L above) – This field shall be auto calculated.
Table 5N: Total Turnover (including advances) (4N + 5M – 4G above) – This field shall be auto calculated.
Part-III: Details of ITC for the financial year
Table 6 – Details of Details of ITC availed during the financial year
Table 6A: Total amount of input tax credit availed through FORM GSTR-3B (sum total of Table 4A of FORM GSTR-3B) –
Table 6B: Inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs) –
Table 6C: Inward supplies received from unregistered persons liable to reverse charge (other than B above) on which tax is paid & ITC availed –
Table 6D: Inward supplies received from registered persons liable to reverse charge (other than B above) on which tax is paid and ITC availed –
Table 6E: Import of goods (including supplies from SEZs) –
Table 6F: Import of services (excluding inward supplies from SEZs) –
Table 6G: Input Tax credit received from ISD –
Table 6H: Amount of ITC reclaimed (other than B above) under the provisions of the Act – Aggregate value of input tax credit availed, reversed and reclaimed under the provisions of the Act shall be declared here.
Table 6I: Sub-total (B to H above) – These fields shall be auto calculated.
Table 6J: Difference (I – A above) – These fields shall be auto calculated.
Table 6K: Transition Credit through TRAN-I (including revisions if any) – Details of transition credit received in the electronic credit ledger on filing of FORM GST TRAN-I including revision of thereof (whether upwards or downwards), if any shall be declared here. This field shall be auto filled based on the credit availed through Tran 1. However this field is allowed for edit.
Table 6L: Transition Credit through TRAN-II – Details of transition credit received in the electronic credit ledger after filing of FORM GST TRAN-2 shall be declared here. This field shall be auto filled based on the credit availed through Tran 2. However this field is allowed for edit.
Table 6M: Any other ITC availed but not specified above – Details of ITC availed but not covered in any of heads specified under 6B to 6L above shall be declared here. Details of ITC availed through FORM ITC-01 and FORM ITC-02 in the financial year shall be declared here.
Form GST ITC 01: When a composition dealer withdraws from the option, this form has to be filed providing details of stock of inputs held by him as on the date on which the option is withdrawn. It has to be filed within 30 days from the date from which option is withdrawn. ITC on the said inputs shall be credited to the electronic credit ledger.
Form GST ITC-02: In the event of sale, merger, amalgamation or transfer of business, this form has to be filed requesting transfer of unutilized input tax credit lying in the electronic credit ledger of the transferor to the transferee. The transferee shall, on the common portal, accept the details so furnished by the transferor and, upon such acceptance, the un-utilized credit shall be credited to his electronic credit ledger.
Table 6N: Sub-total (K to M above) – These fields shall be auto calculated.
Table 6O: Total ITC availed (I + N above) – These fields shall be auto calculated.
Table 7 – Details of ITC Reversed and Ineligible ITC for the financial year
Table 7A: As per Rule 37 – Reversal of input tax credit in the case of non-payment of consideration to the supplier within 180 days from the date of invoice.
Table 7B: As per Rule 39 – Reversal of ISD credit on account if issuance of credit note by the supplier to the ISD or reversal on account of any other reason.
Table 7C: As per Rule 42 – Reversal of ITC in respect of inputs and input services on account of goods or services used:
1. partly for making taxable supplies and partly for exempt supplies;
2. partly for the purpose of any business and partly for other purposes.
Table 7D: As per Rule 43 – Reversal of ITC in respect of capital goods on account of goods or services used:
1. partly for making taxable supplies and partly for exempt supplies;
2. partly for the purpose of any business and partly for other purposes.
Table 7E: As per section 17(5) – In-eligible credit mentioned under the said section. If the amount stated in Table 4D of FORM GSTR-3B was not included in table 4A of FORM GSTR-3B, then no entry should be made in table 7E of FORM GSTR-9. However, if amount mentioned in table 4D of FORM GSTR-3B was included in table 4A of FORM GSTR-3B, then entry will come in 7E of FORM GSTR-9.
Table 7F: Reversal of TRAN-I credit – Reversal of transitional credit previously claimed vide Form GST TRAN-I
Table 7G: Reversal of TRAN-II credit – Reversal of transitional credit previously claimed vide Form GST TRAN-II
Table 7H: Other reversals (pl. specify) – Table 4(B) of FORM GSTR-3B may be used for filling up these details. Any ITC reversed through FORM GST ITC -03 shall be declared in 7H. If taxpayer wants to specify more reversals then he can click on ‘+’ symbol to add more rows.
Form GST ITC-03: Any registered who opts for the composition scheme, or where the where the goods or services or both supplied by him become wholly exempt, he shall pay an amount vide For GST ITC-03, equivalent to the credit of input tax in respect of inputs, semi-finished goods, capital goods held in stock, on the day immediately preceding the date of exercising of such option.
Note: For FY 2018-19, the registered person shall have an option to either fill his information on reversals separately in Table 7A to 7E or report the entire amount of reversal under Table 7H only. However, reversals on account of TRAN-1 credit (Table 7F) and TRAN-2 (Table 7G) are to be mandatorily reported – Notification No. 56/2019-CT.
Table 7I: Total ITC Reversed (Sum of A to H above) – These fields shall be auto calculated.
Table 7J: Net ITC Available for Utilization (6O – 7I) – These fields shall be auto calculated.
Table 8 – Other ITC related information
Table 8A: ITC as per GSTR-2A (Table 3 & 5 thereof) –
Table 8B: ITC as per sum total of 6(B) and 6(H) above –
Table 8C: For FY 2018-19, ITC on inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs) received during 2018-19 but availed during April 2019 to September 2019 –
Table 8D: Difference [A-(B+C)] –
Table 8E: ITC available but not availed & Table 8F: ITC available but ineligible –
Table 8G: IGST paid on import of goods (including supplies from SEZ) – Aggregate value of IGST paid at the time of imports (including imports from SEZs) during the financial year shall be declared here.
Table 8H: IGST credit availed on import of goods (as per 6(E) above) – The input tax credit as declared in Table 6E shall be auto-populated here and the same is not allowed for edit. If taxpayer wants to change the credit availed on import of goods, then he shall make changes in table no 6E.
Table 8I: Difference (G-H) – This field shall be auto calculated.
Table 8J: ITC available but not availed on import of goods (Equal to I) – This field shall be auto calculated. If taxpayer wants to make any change in this field, then he shall make changes in table no 8G and 6E.
Table 8K: Total ITC to be lapsed in current financial year (E + F + J) – The total input tax credit which shall lapse for the current financial year shall be computed (auto filled) in this row.
Part-IV: Details of tax paid as declared in returns filed during the financial year
Table 9: Tax Paid –
Part-V: For FY 2018-19, Particulars of the transactions for the FY 2018-19 declared in returns between April 2019 till September 2019
Table 10: Supplies / tax declared through Amendments (+) (net of debit notes) – & Table 11: Supplies / tax reduced through Amendments (-) (net of credit notes) – For FY 2018-19, Details of additions or amendments to any of the supplies already declared in the returns of the previous financial year but such amendments were furnished in Table 9A, Table 9B and Table 9C of FORM GSTR-1 of April, 2019 to September, 2019 shall be declared here.
Table 12: Reversal of ITC availed during previous financial year –
Table 13: ITC availed for the previous financial year –
Table 14: Differential tax paid on account of declaration in 10 & 11 above – For FY 2018-19, Differential tax (including Interest) paid on account of transactions related to the previous financial year but declared in the returns filed for the months of April 2019 to September 2019 shall be reported in this table.
Part-VI: Other Information
Table 15A to 15G: Particulars of Demands and Refunds –
Table 16A: Information on supplies received from composition taxpayers –
A taxpayer whose turnover is below Rs 1.5 crore can opt for Composition Scheme. Refer Sec 10 of CGST Act 2017 for the conditions a taxpayer has to meet while opting this scheme.
Table 16B: Information on deemed supply under section 143 –
Deemed supply under section 143:
Sec 143 (3) – Where the inputs sent for job work are not received back by the principal after completion of job work or are not supplied from the place of business of the job worker, within a period of one year of their being sent out, it shall be deemed that such inputs had been supplied by the principal to the job worker on the day when the said inputs were sent out.
Sec 143 (4) – Where the capital goods sent for job work are not received back by the principal after completion of job work or are not supplied from the place of business of the job worker, within a period of three year of their being sent out, it shall be deemed that such inputs had been supplied by the principal to the job worker on the day when the said inputs were sent out.
“job work” means any treatment or process undertaken by a person (job worker) on goods belonging to another registered person (principal).
Table 16C: Information on goods sent on approval basis –
Table 17: HSN Wise Summary of outward supplies –
Table 18: HSN Wise Summary of Inward supplies –
Towards the end of the return, taxpayers shall be given an option to pay any additional liability declared in this form, through FORM DRC-03. Taxpayers shall select “Annual Return” in the drop down provided in FORM DRC-03. It may be noted that such liability can be paid through electronic cash ledger only.
Very nice explanation of GSTR 9. Thanks for sharing.. keep on sharing..
Excellent compilation of GSTR-9 briefly.