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Read MoreKey Information
Who Should File GSTR-9 Annual Return?
Turnover Limit for GSTR-9 Annual Return
Due Date for GSTR-9 Annual Return Filing
Details Required for GSTR-9 Annual Return
Late Fees and Penalties for GSTR-9 Annual Return
GST Amnesty Scheme for GSTR-9 Annual Return
Why Choose BizMantra for Your GSTR-9 Annual Return Filing?
How BizMantra Can Assist with GSTR-9 Annual Return Filing
What is GSTR-9 Annual Return?
TheGSTR-9 Annual Return is an annual return that must be filed by all taxpayers registered under GST. Here are some key points:
It includes details of outward and inward supplies made or received during the financial year under various tax heads like CGST, SGST, and IGST, as well as HSN codes.
The GSTR-9 Annual Return consolidates all monthly/quarterly returns (GSTR-1, GSTR-2A, GSTR-3B) filed that year. While it is comprehensive, it facilitates the reconciliation of data for accurate and transparent disclosures.
Who Should File GSTR-9 Annual Return?
All GST-registered taxpayers are required to file the GSTR-9 Annual Return, except for:
Taxpayers under the composition scheme (who must file GSTR-9A)
Casual taxable persons
Input service distributors
Non-resident taxable persons
Persons paying TDS under section 51 of the CGST Act
Persons collecting TCS under section 52 of the CGST Act
Turnover Limit for GSTR-9 Annual Return
While no specific turnover limit applies, filing the GSTR-9 Annual Return was made optional for businesses with a turnover of up to ₹2 crore from FY 2017-18 onwards to ease compliance.
| Category | Turnover Limit | GSTR-9 Filing Requirement | GSTR-9C Filing Requirement |
|---|---|---|---|
| Regular Taxpayer | Exceeds ₹2 crores | Mandatory | Mandatory |
| Regular Taxpayer | Up to ₹2 crores | Optional | Optional (if not required for GSTR-9) |
| Composition Scheme | Up to ₹1.5 crores | Not Applicable | Not Applicable |
| E-Commerce Operators | No limit | Mandatory | Mandatory |
| Non-Resident Taxable Person | No limit | Mandatory | Mandatory |
| Input Service Distributor | No limit | Not Applicable | Not Applicable |
Important Notes :
GSTR-9 is the annual return for regular taxpayers, which includes details of all outward and inward supplies.
GSTR-9C is the reconciliation statement that needs to be filed by taxpayers whose turnover exceeds ₹2 crores.
For taxpayers with a turnover of up to ₹2 crores, GSTR-9C is optional.
Composition scheme taxpayers do not need to file GSTR-9 or GSTR-9C.
