Introduction: Filing GSTR9 annual return in India involves meticulous reporting of sales, purchase, and RCM data. Understanding the details and legal implications is crucial for businesses to ensure compliance with tax regulations.
GSTR-9 Annual Return Form Provides Information about Sales, Purchase, RCM, ITC Received in GSTR2B, HSN Summary, GST Payment Details-Tax, Interest, Late Fees & Other GST Related Details.
GSTR-9 Annual Return Filing is Optional for Those who are having Below Rs.2CR Turnover in a Financial Year.
GSTR-9 is Compulsory Filing for Above Rs.2 Cr Turnover.
GSTR9- is Filed on or before 31st December of Year following the relevant Financial Year.
GSTR-9 can be filed online or offline by creating JSON File & uploading at GST Portal.
SALES, PURCHASE & RCM DATA FOR FILLING GSTR-9 ANNUAL RETURN
SALES DETAILS
Particulars | Row No. | Taxable Value | IGST | CGST | SGST | Rate | Shown in GSTR3B |
Sales — B2B | 1 | 5,40,000 | 12,000 | 7,500 | 7,500 | 5.00% | YES |
Sales — B2B | 2 | 1,11,111 | 5,000 | 7,500 | 7,500 | 18.00% | NO |
Sales — B2CS | 3 | 2,50,000 | 10,000 | 10,000 | 10,000 | 12.00% | YES |
Sales — B2B | 4 | 53,571 | 5,000 | 5,000 | 5,000 | 28.00% | YES |
Gross Sales | 5=1+2+3+4 | 9,54,682 | 32,000 | 30,000 | 30,000 | ||
Sales Returns — B2B | 6 | -36,000 | -1,000 | -400 | -400 | 5.00% | NO |
Sales Returns — B2B | 7 | -12,222 | -1,000 | -600 | -600 | 18.00% | YES |
Net Sales | 8=5-6-7 | 9,06,460 | 30,000 | 29,000 | 29,000 |
Note :- If Shown in GSTR3B is YES, It means data is shown in Same Year in GSTR3B
Note :- If Shown in GSTR3B is NO, It means data is shown in Next Year in GSTR3B
PURCHASE DETAILS
Particulars | Row No. | Taxable Value | IGST | CGST | SGST | Rate | Shown in GSTR3B |
Purchase — Inputs | 9 | 2,00,000 | 5,000 | 2,500 | 2,500 | 5.00% | YES |
Purchase — Capital Goods | 10 | 1,25,000 | 7,500 | 7,500 | 7,500 | 18.00% | YES |
Purchase — Input Services | 11 | 2,29,167 | 7,500 | 10,000 | 10,000 | 12.00% | YES |
Purchase — Input Services | 12 | 53,571 | 5,000 | 5,000 | 5,000 | 28.00% | NO |
Gross Purchases | 13=9+10+11+12 | 6,07,738 | 25,000 | 25,000 | 25,000 | ||
Purchase — Input Services | 14 | -36,000 | -1,000 | -400 | -400 | 5.00% | NO |
Purchase — Capital Goods | 15 | -12,222 | -1,000 | -600 | -600 | 18.00% | YES |
Net Purchases of Current Year | 16=13-14-15 | 5,59,516 | 23,000 | 24,000 | 24,000 |
–
Purchase of Previous Year | 17 | 1,00,000 | 1,000 | 500 | 500 |
Sales of Previous Year | 18 | 1,50,000 | 1,500 | – | – |
RCM Details
Particulars | Row No. | Taxable Value | IGST | CGST | SGST | Rate | Shown in GSTR3B | ||
RCM Liability — Input Services | 19 | 1,00,000 | – | 2,500 | 2,500 | 5.00% | YES |
FILLING OF GSTR9 ANNUAL RETURN
Filling of Sales Details in GSTR9 Annual Return
Particulars | Row No. | Taxable Value | IGST | CGST | SGST |
Point No.4 B2B | 1 & 4 | 5,93,571 | 17,000 | 12,500 | 12,500 |
Point No.4 B2CS | 3 | 2,50,000 | 10,000 | 10,000 | 10,000 |
Point No.4 CN | 7 | -12,222 | -1,000 | -600 | -600 |
Point No.4G — RCM | 19 | 1,00,000 | – | 2,500 | 2,500 |
Point No.10 | 2 | 1,11,111 | 5,000 | 7,500 | 7,500 |
Point No.11 | 6 | -36,000 | -1,000 | -400 | -400 |
Total As Per Books of Point No.10 to 13 | 9,06,460 | 30,000 | 29,000 | 29,000 |
Kindly check this total Match with Row No.8 Sales Tally Data Reflecting above.
Filling of Purchase Details in GSTR9 Annual Return
Particulars | Row No. | IGST | CGST | SGST |
Point No.6A As Per GSTR3B | Autopopulate | 20,000 | 22,400 | 22,400 |
Point No.6B — Inputs | 9 | 5,000 | 2,500 | 2,500 |
Point No.6B — Capital Goods | 10 & 15 | 6,500 | 6,900 | 6,900 |
Point No.6B — Input Services | 11 | 7,500 | 10,000 | 10,000 |
Point No.6C — RCM Input Serivces | 19 | – | 2,500 | 2,500 |
Point No.6J | Autopopulate | 1,000 | 500 | 500 |
Point No.6M | 17 | 1,000 | 500 | 500 |
Kindly Check Point No.6J & 6M must match related to Previous Year brought forward
Particulars | Row No. | IGST | CGST | SGST |
Point No.8A — As Per GSTR2A/2B | Autopopulate | 23,500 | 24,500 | 24,500 |
Point No.8B | Point No.6B Total | 19,000 | 19,400 | 19,400 |
Point No.8C | 12 & 14 | 4,000 | 4,600 | 4,600 |
Point No.8D | D=A-B-C | 500 | 500 | 500 |
Point No.8E — Ineligible Credit in2B | Point No.8D | 500 | 500 | 500 |
Point No.9
Particulars | Liability | Cash Utilised |
ITC Utilised | DRC-03 | Row No.18 | Net Payable |
Remarks | Autopopulate–As Per GSTR3B | |||||
IGST | 26,000 | 4,500 | 20,000 | – | 1,500 | – |
CGST | 24,400 | 2,000 | 22,400 | – | – | – |
SGST | 24,400 | 2,000 | 22,400 | – | – | – |
Interest | 150 | 150 | – | – | – | – |
Late Fees | 50 | 50 | – | – | – | – |
Note — Point No.9 will autopopulate Liability, Cash Utilised & ITC Utilised & You have to Prepare above working in Excel for your verification that Net Payable is Rs.0 or not, As I had Prepared Here.
If your liability is arising then file DRC-03 with Interest & fill the above details. DRC-03 is filed after payment of GST Challan of Liability Arising.
Point No. 10 to 13
Particulars | Row No. | Taxable Value IGST | CGST | SGST | |
Sales Shown in Next Year | 2 | 1,11,111 | 5,000 | 7,500 | 7,500 |
Sales Returns Shown in Next Year | 6 | -36,000 | -1,000 | -400 | -400 |
ITC Reversed in Next Year | 14 | -1,000 | -400 | -400 | |
ITC Claimed in Next Year | 12 | 5,000 | 5,000 | 5,000 |
Point No.17 HSN Codes Related to Sales
HSN Code | UQC | Description | Total Qty | Total Taxable Value | Rate of Tax | IGST | CGST | SGST | CESS |
4501 | KGS-Kilo grams | Autopopulate | 2000 | 5,04,000 | 5% | 11,000 | 7,100 | 7,100 | – |
1501 | BAG-Bags | Autopopulate | 1000 | 2,50,000 | 12% | 10,000 | 10,000 | 10,000 | – |
2501 | BDL-Bundels | Autopopulate | 3000 | 98,889 | 18% | 4,000 | 6,900 | 6,900 | – |
3501 | CAN-Cans | Autopopulate | 4000 | 53,571 | 28% | 5,000 | 5,000 | 5,000 | – |
Total Sales As Per Books | 9,06,460 | 30,000 | 29,000 | 29,000 | – |
Point No.18 HSN Codes Related to Purchases
HSN Code | UQC | Description | Total Qty | Total Taxable Value | Rate of Tax | IGST | CGST | SGST | CESS |
4501 | KGS-Kilo grams | Autopopulate | 2000 | 1,64,000 | 5% | 4,000 | 2,100 | 2,100 | – |
1501 | BAG-Bags | Autopopulate | 1000 | 2,29,167 | 12% | 7,500 | 10,000 | 10,000 | – |
2501 | BDL-Bundels | Autopopulate | 3000 | 1,12,778 | 18% | 6,500 | 6,900 | 6,900 | – |
3501 | CAN-Cans | Autopopulate | 4000 | 53,571 | 28% | 5,000 | 5,000 | 5,000 | – |
Total Purchases As Per Books | 5,59,516 | 23,000 | 24,000 | 24,000 | – |
Conclusion: Accurate reporting of sales, purchase, and RCM data in GSTR9 annual return is vital for businesses in India to maintain compliance with tax laws. By understanding the nuances of filling out this form, businesses can avoid penalties and ensure smooth operations within the regulatory framework.