1. What is GSTR 9?

Form GSTR-9 is the annual return under GST which is applicable to the majority of taxpayers. As a taxpayer, you have to file monthly returns to declare the supplies made and received every month. By filing GSTR-9, you consolidate all this information and declare total transactions done in a FY. Other than GSTR-9, there are various other annual return forms applicable to different types of taxpayers.

 

2. GSTR 9 Due Date

The due date to file GSTR-9 for FY 2017-18 is 30th June 2019 unless notified otherwise by the government. Now, let’s go through the steps required to fill this form.

 

3. GSTR 9 Filing Process

Just like all other GST return forms, this annual return form can be filed on the GST Common Portal. However, the facility to file this form has not been enabled yet on the portal. We will update you with the complete filing procedure here once it is possible.

 

1. Basic Details:

This is the first section that you need to fill in the Form GSTR-9. Here, you need to give details like financial year GSTIN, legal name and trade name (if any) of the business/taxpayer.

 

2. Details of outward and inward supplies during the F.Y.

In this part of the form, you need to provide the details of all outward supplies and advances received during the FY.

 

3. Details of ITC as declared in returns filed during the F.Y.

In this section of the form, you should provide the details of ITC declared in returns filed during the financial year.You should also give the details of ITC reversed and ineligible ITC as declared in returns filed during the financial year.

 

4. Details of tax paid as declared in returns filed during the F.Y.

In this section of the form, you are required to fill in the details of the actual tax paid during the relevant FY. You can refer to your GSTR-3B forms to fill this section.

 

5. Particulars of the transactions for the previous FY declared in returns of April to September of current FY or up to the date of filing of annual return of previous FY whichever is earlier

 

In this section of the form, you need to mention the details of such transactions of the previous FY which were declared in the returns of April to September of current FY or the transactions declared tum the date of filing of annual return for previous FY, whichever is earlier.

 

6. Other information

 

In this part of the form, you need to provide the details of any demands raised or refunds issued by the government, information on supplies received from composition taxpayers, HSN wise summary of outward and inward supplies. You also need to provide the details of late fee payable and paid in this section. After filling all these parts, you must put your sign in the verification section along with place and date of filing the form.

 

4. Penalty for Late Filing of GSTR 9

You must file GSTR-9 on or before the due date to avoid penalty. If you miss the due date, you will end up paying a considerable amount as penalty. You will have to pay a penalty of Rs 200 per day. This penalty consists of Rs100 penalty under CGST Act and Rs 100 under SGST Act. However, this penalty cannot exceed 0.25% of the total turnover of the taxpayer in the respective state or Union Territory.

 

5. Types of Other Annual GST Returns

There are 3 types of annual returns namely GSTR-9, GSTR-9A and GSTR-9B. There is also an audit form named GSTR-9C which must be filed with the annual return in a certain case. Before we discuss GSTR-9 in detail, let’s understand the purpose and eligibility of other three annual return forms.

 

1. GSTR-9A: If you have opted for the GST composition scheme, you become liable for filing the annual return form GSTR-9A, instead of GSTR-9.

 

2. GSTR-9B: Similarly, if you are an e-commerce operator who had filed GSTR-8 during the FY, you need to file GSTR-9B as your annual return.

 

3. GSTR-9C: If your annual turnover exceeds Rs 2 crores, you should file GSTR-9C (audit) along with your annual return to be signed by CA.

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