Form GSTR – 9 is an annual return to be filed once for each financial year, by every registered taxpayers who were regular taxpayers, including SEZ units and SEZ developers. The taxpayers are required to furnish details of purchases, sales, input tax credit or refund claimed or demand created etc. in this return.
Composition taxpayers can file their Annual Return in Form GSTR – 4, which is due by 30th of the April following the relevant financial year.
Pre-conditions for filing of Form GSTR-9 are:
- Taxpayer must have active GSTIN during the relevant financial year as a normal / regular taxpayer even for a single day.
- Taxpayer must have filed all the applicable returns i.e. Form GSTR-1/IFF and Form GSTR-3B of the relevant financial year before filing the Annual Return.
Exceptions:
It is mandatory for all the registered taxpayers under GST to file their annual GST returns, subject to following exceptions:
- Input Service Distributors.
- Taxpayers opting for Composition Scheme.
- Casual Taxable Person.
- Non-resident Taxable Persons.
- Persons paying TDS under Section 51 or TCS under Section 52.
- Persons supplying OIDAR services from out of India to a person in India.
| Particulars | GSTR 9 Annual Return | GSTR 9C Reconciliation Statement |
| Applicability | Registered taxpayers with a total turnover exceeding INR.2.00 Crores. | Registered taxpayers with a total turnover exceeding INR.5.00 Crores. |
| Due Date | 31st December of next Financial Year. | 31st December of next Financial Year. |
| Late filing fees | Late fees INR.200.00 per day of delay, subject to a maximum of an amount at 0.50% of the turnover. | In the absence of specific provision, general penalty of INR.25,000.00. |
“NIL” GSTR – 9 Return can be filed, if you have:
- Not made any outward supply (commonly known as sale); and
- Not received any inward supplies (commonly known as purchase) of goods/services; and
- No liability of any kind; and
- Not claimed any Credit during the Financial Year; and
- Not received any order creating demand; and
- Not claimed any refund.
during the relevant Financial Year.
Checkpoint:
- Table – 4 – Details of advances, inward and outward supplies made during the financial year on which tax is payable.
- Table –5 – Details of outward supplies made during the financial year on which tax is not payable.
- Table –6 – Details of ITC availed during the financial year.
- Table –7 – Details of ITC Reversed and Ineligible ITC for the financial year.
- Table –8 – Other ITC related information.
- Table –9 – Details of tax paid as declared in returns filed during the financial year.
- Table –10,11,12 & 13 – Particulars of the transactions for the financial year declared in returns of the next financial year till the specified period.
- Table –14 – Differential tax paid on account of declaration in table Number- 10 & 11.
- Table –15 – Particulars of Demands and Refunds.
- Table –16 – Supplies received from Composition taxpayers, deemed supply by job worker and goods sent on approval basis.
- Table –17 – HSN wise summary of Outward Supplies.
- Table –18 – HSN wise summary of Inward Supplies.
- Table –19 – Late fees payable and paid.
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Courtesy: Team Indirect Tax and customs.
Disclaimer
This document has been issued in the general interest of knowledge transfer purpose and it cannot be construed in any other manner whatsoever.
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