GSTR 9 (Annual Return)

• It’s an annual return to be filled yearly by every taxpayers under GST Law
• It’s a consolidation of GSTR-1, GSTR-2A, GSTR-3B & books of accounts of a particular year
• It consist all the details regarding Output Tax and Input Tax
• As per the latest amendment, GSTR-9 is made optional for the taxpayers who has turnover, less than Rs. 2 crore
• Therefore GSTR 9 is mandatory to be filed by every tax payer, whose Turnover is more than Rs. 2 crore

Due Date and Late Fee

• Due date for filling GSTR-9 is 31^st January, 2020  for FY 2017-18
• Late fee after due date, is Rs.200 per day. (Rs.100 for CGST & Rs. 100 for SGST)

Who is Liable to File GSTR 9

• Regular Taxpayer
• Input Service Distributor (ISD)
• Non – Resident Taxpayers
• Person who deduct TDS
• Person who collected TCS
• Casual Taxpayers

Example

2017-18
Particular	O/P IGST	O/P CGST	O/P SGST	TOTAL
BOOKS	10500	9000	9000	28500
GSTR-3B	10000	9000	9000	28000
GSTR-1	10500	8000	8000	26500

• There is a mismatch in data of GSTR-3B, GSTR-1 and books of accounts for the F.Y. – 2017-18
•  This mismatch will be adjusted in next return of F.Y. – 2018-19 to match our data
• But this adjustment is also need to be informed to the government
• And the only option we have to inform the government is GSTR-9

This is just the basic Introduction of GSTR 9 (Annual Return), we will be writing more about GSTR 9, in our next posts