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    GSTR annual return

    GSTR-9 Filing – GST Annual Return

    GSTR-9 or GST Annual Return must be filed by all regular taxpayers registered under GST. The casual taxable persons and non-resident taxable person’s category are not required to file GSTR-9 because they are input service distributors. 30th June 2019 is the due date for filing GSTR-9 for FY 2017-18.

    What is GSTR-9 Filing?

     The persons registered under GST composition scheme are used to file GST annual return or GSTR-9 .It is a type of GST return that must be filed by regular taxpayers and. GSTR-9 should be filed each year through the GST Common Portal or at a GST Facilitation Centre.

    Who should file GSTR-9A return?

    GSTR-1, GSTR-2 and GSTR-3 are filed by regular GST taxpayers and it should also file GSTR-9A on or before 31st December, consolidating information furnished during the previous financial year.

    Who should file GSTR-9B return?

    Electronic commerce operators are used to file GSTR-9B return or it should be filed by who are required to collect tax at source. Electronic commerce operators In addition to GSTR-9B return and also to file GSTR-8 return every month.

    Who should file GSTR-9C return?

    Under GST having an annual aggregate turnover of over Rs. 2 crores during a financial year are Regular taxpayers.  They are required to get their accounts audited and file a copy of the audited annual account and reconciliation statement along with GSTR-9C return. The annual audit of GST can be done by a practicing Chartered Accountant or Cost Accountant.

    What information should be filed in GSTR-9 return?

    The following information is expected to be filed in GSTR-9A return:

    1. Total value of purchases on which ITC availed (inter-State)
    2. Total value of purchases on which ITC availed (intra-State)
    3. Total value of purchases on which ITC availed (Imports)
    4. Other Purchases on which no ITC availed
    5. Sales Returns
    6. Other Expenditure (Expenditure other than purchases)
    7. Total value of supplies on which GST paid (inter-State Supplies)
    8. Total Value of supplies on which GST Paid (intra-State Supplies)
    9. Total value of supplies on which GST Paid (Exports)
    10. Total value of supplies on which no GST Paid (Exports)
    11. Value of Other Supplies on which no GST paid
    12. Purchase Returns
    13. Other Income (Income other than from supplies)
    14. Return reconciliation Statement
    15. Arrears (Audit/Assessment etc.)
    16. Refunds
    17. Turnover Details
    18. Profit as Per the Statement of Profit and Loss
    19. Gross Profit
    20. Profit after Tax
    21. Net Profit
    22. Details of Statutory Audit

    What is the due date for filing GSTR-9 return?

    31st December (now changed to 30 June 2019) is the due date of GSTR-9 return or GST annual return for all persons registered under GST. If an audit is required for GSTR- filing, then the details of audited statements should also be filed.

    What is the penalty for late filing of GSTR-9 return?

    Late filing of GSTR-9 return a per day penalty of Rs.100, up to a maximum amount of Rs.5000 would be applicable. File GSTR-9 return on the GST Portal only if all the GSTR-1, GSTR-2 and GSTR-3 returns are filed.

    Should GSTR-9 return be audited?

    GSTR-9 accounts can be audited by a practicing Chartered Accountant or Cost Accountant. Regular taxpayers registered under GST having an annual aggregate turnover of over Rs.2 crores during a financial year are required to file GSTR-9 return with audited accounts.


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