GST Annual Return Filing - GSTR 9

GST Annual Return Filing is a mandatory compliance requirement under India’s Goods and Services Tax (GST) system. Every regular taxpayer registered under GST must file GSTR 9, which consolidates all the monthly or quarterly GST returns filed during the financial year.

GSTR 9 includes details of:

Outward and inward supplies
Input Tax Credit (ITC)
Taxes paid
Refunds claimed
Any late fees or penalties applicable

If you find tax filing overwhelming, Tax Consultant Noida is here to help. Our experts simplify the GST Annual Return Filing process and ensure accurate, on-time submissions.

Who Needs to File GSTR 9? | GSTR 9 Applicability

The requirement to file GSTR 9 applies to:

Regular Taxpayers – Businesses registered under GST as regular taxpayers.
SEZ Units & SEZ Developers – Special Economic Zone units and developers.
Transitioned Taxpayers – Taxpayers who shifted from the GST Composition Scheme to regular GST during the financial year.

Exemptions from GSTR 9 Filing:

Composition taxpayers (file GSTR 9A instead).
Casual taxpayers.
Non-resident taxpayers.
Input Service Distributors (ISD).
OIDAR (Online Information and Database Access or Retrieval) service providers.

GSTR 9 Turnover Limit & Due Date

Turnover Limit: Filing GSTR 9 is mandatory for businesses with an annual turnover exceeding INR 2 crores. If your turnover is below INR 2 crores, filing is optional.
GSTR 9 Due Date: The due date for GST Annual Return Filing is 31st December following the end of the relevant financial year. The government may extend this deadline through official notifications.

Types of GST Annual Returns

GSTR 9: For regular taxpayers.
GSTR 9A: For taxpayers under the GST Composition Scheme.
GSTR 9C: A reconciliation statement between GSTR 9 and audited financial statements, applicable to businesses with turnover exceeding INR 5 crores.

Documents Required for GST Annual Return Filing

Owner’s PAN Card
Owner’s Aadhaar Card
Owner’s Photograph
Proof of Address
Bank Account Details
Customers GSTIN
Type of Invoice
Place of Supply
Invoice Number
Invoice Date
Taxable Value
GST Rate
Amount of IGST Applicable
Amount of CGST Applicable
Amount of SGST Applicable
Amount of GST access Applicable
If GST Reverse Charge is Applicable

Step-by-Step Guide to GSTR 9 Online Filing

1. Login to the GST Portal:

Visit the official GST Portal and log in using your credentials.

2. Navigate to GSTR 9:

Go to ‘Returns Dashboard’.
Select the relevant financial year.
Choose GSTR 9.

3. Fill in the Details:

Verify auto-populated details from GSTR-1, GSTR-2A, and GSTR-3B.
Enter or correct any discrepancies.

4. Compute Liabilities:

Use the GST portal’s system to compute tax liabilities.

5. Pay Late Fees (if any):

Calculate and pay any applicable late fees.

6. Submit and File:

Verify all details.
File using either Digital Signature Certificate (DSC) or Electronic Verification Code (EVC).

Why Choose Tax Consultant Noida for GST Annual Return Filing?

Expert Guidance: Our team of GST experts ensures accurate and timely filing.
Hassle-Free Process: We handle everything from document collection to submission.
Penalty Avoidance: We ensure you meet all deadlines and avoid late fees.
Data Accuracy: Comprehensive verification to prevent errors.
Affordable Pricing: Quality services at competitive rates.

GSTR 9 Penalties & Late Fees

Late Filing Penalty: INR 200 per day (INR 100 CGST + INR 100 SGST).
Maximum Cap: Penalty capped at 0.25% of annual turnover.
No Penalty on IGST: No late fee for IGST.

FAQs on GST Annual Return Filing

Who is required to file GSTR 9?

All regular GST-registered taxpayers with turnover above INR 2 crores.

What is the penalty for late GSTR 9 filing?

INR 200 per day (INR 100 CGST + INR 100 SGST), capped at 0.25% of turnover.

What is GSTR 9C and who needs to file it?

GSTR 9C is a reconciliation statement for businesses with turnover exceeding INR 5 crores.

What is the GST Annual Return Due Date?

The due date for GST Annual Return Filing is 31st December following the end of the relevant financial year. This date may be extended by the government through official notifications.

What is the GST Annual Return Turnover Limit?

GSTR 9 filing is mandatory for businesses with an annual turnover exceeding INR 2 crores. Businesses with turnover below INR 2 crores can opt to file voluntarily.

What is the GSTR-9C Turnover Limit?

GSTR 9C is required for businesses with an annual turnover exceeding INR 5 crores. It serves as a reconciliation statement between GSTR 9 and audited financial statements.