GSTR 9

GSTR-9 Filing – GST Annual Return – Due on 31st December

GSTR-9 or GST Annual Return must be filed by all regular taxpayers registered under GST. The only category of GST registered entities not required to file GSTR-9 filing are input service distributors, casual taxable persons and non-resident taxable persons. The due date for filing GSTR-9 is 31st December. In this article, we look at GSTR-9 filing in detail.

What is GSTR-9 Filing?

GSTR-9 or GST annual return is a type of GST return that must be filed by regular taxpayers and persons registered under GST composition scheme. GSTR-9 must be filed each year through the GST Common Portal or LEDGERS GST Sofware or at a GST Facilitation Centre.

Who should file GSTR-9A return?

Regular GST taxpayers filing GSTR-1, GSTR-2 and GSTR-3 must file GSTR-9A on or before 31st December, consolidating information furnished during the previous financial year.

Who should file GSTR-9B return?

GSTR-9B return should be filed by electronic commerce operators who are required to collect tax at source. In addition to GSTR-9B return, electronic commerce operators will also be required to file GSTR-8 return, every month.

Who should file GSTR-9C return?

Regular taxpayers registered under GST having an annual aggregate turnover of over Rs.2 crores during a financial year 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 GST annual audit can be done by a practising 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:

Total value of purchases on which ITC availed (inter-State)

Total value of purchases on which ITC availed (intra-State)

Total value of purchases on which ITC availed (Imports)

Other Purchases on which no ITC availed

Sales Returns

Other Expenditure (Expenditure other than purchases)

Total value of supplies on which GST paid (inter-State Supplies)

Total value of supplies on which GST Paid (intra-State Supplies)

Total value of supplies on which GST Paid (Exports)

Total value of supplies on which no GST Paid (Exports)

Value of Other Supplies on which no GST paid

Purchase Returns

Other Income (Income other than from supplies)

Return reconciliation Statement

Arrears (Audit/Assessment etc.)

Refunds

Turnover Details

Profit as Per the Profit and Loss Statemen

Gross Profit

Profit after Tax

Net Profit

Details of Statutory Audit

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

GSTR-9 return or GST annual return is due on 31st December for all persons registered under GST. If an audit is required for GSTR- filing, then the details of audited statements must also be filed before 31st December in GSTR-9C.

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