Every taxpayer registered under the GST Act, 2017, must file the GSTR-9 form. GSTR-9 includes information about the inward and outward supplies received/made during a tax year under different tax heads: CGST, SGST, and IGST. The GSTR 9 must be filed once every year by a registered taxpayer.
There are four types of annual returns that one has to file as per the GST law:
GSTR-9: GSTR 9 is to be filed by regular registered taxpayers who file GSTR-1, GSTR-2, GSTR-3, and GSTR 3B.
GSTR-9A: GSTR-9A must be filed by dealers registered under the Composition Scheme of the GST law.
GSTR-9B: GSTR-9B must be filed by e-commerce dealers. This includes individuals who collect tax at source and have filed GSTR 8 for the financial year.
GSTR-9C: GSTR-9C is an audit form that has to be filed by all taxpayers with a turnover exceeding ₹2 Crores in a financial year. These taxpayers also have to get their annual reports audited.
GSTR-9 has to be filed by the following individuals/entities:
All taxpayers registered under the GST Act, 2017
SEZ (Special Economic Zone) unit developers
Online Information Database Access and Retrieval (OIDAR) service providers
Taxpayers who have opted out of the Composition Scheme of GST.
Note: Filing GSTR-9 is optional for businesses with an annual turnover of up to ₹2 Crores.
The annual return GSTR 9 due date for financial year 2022-23 is 31st December 2023..
The GSTR-9 form is made up of 6 parts that are further divided into 19 sections. Read on to know how you can effectively fill in the necessary information in the different sections of the form.
Part 2: This part includes the details regarding the inward and outward supplies that have been declared in a given financial year. This data can be sourced from GSTR-1 and GSTR-3B.
Part 3: In this part, you must include details of the Input Tax Credits that have been filed in the returns during the financial year. This data can be found in the GSTR-2A.
Part 4: This section should include details about the taxes that have to be paid in a given financial year.
Part 5: This section is to be filed with details about the transactions of the previous financial year that have been declared in the current financial year.
Part 6: Here, you must include information about the HSN summary, GST demands, late fee, and refunds.
GSTR-9 can be filed online through a simple and convenient process. Follow the steps given below:
Step 1: Log in to the official GST portal, i.e. www.gst.gov.in.
Step 2: Click on the ‘Annual Returns’ section.
Step 3: Next, download the summaries of GSTR-1, GSTR-3B, and GSTR-9.
Step 4: Enter all your tax details.
Step 5: Preview the GSTR-9.
Step 6: Compute all the liabilities.
Step 7: Pay the late fee if applicable.
Step 8: Finally, you may file GSTR 9.
You may easily check the filing status of your GSTR 9 online on the GSTN portal by following the steps mentioned below:
Step 1: Visit the official GSTN portal and log in with your credentials.
Step 2: Hover your cursor over the “Services” menu on the top of the screen and select the “Returns” option.
Step 3: Now, enter your ARN (Acknowledgement Reference Number) or the return filing period in the search box and click on “Search”.
Step 4: You will now be able to see the status of your GSTR-9. There are four types of possible statuses: “To Be Filed”, “Submitted But Not Filed”, “Filed-Valid”, and “Filed-Invalid”.
In case you are unable to file your GSTR 9 by the due date, you are liable to pay a penalty of ₹100 per day as per the GST Act, 2017, subject to a maximum of 0.25% of the total turnover of the business.
Yes, GSTR 9 is to be filed by all taxpayers registered under the GST Act, 2017.
No, as of now, GSTR 9 can not be revised once it is filed.
No, unclaimed ITC (Input Tax Credit) can not be claimed through GSTR-9.
Yes, you have to file GSTR-9 even if you got your registration cancelled for the current financial year.
No, you can not enter a negative amount in GSTR-9 as the GSTN portal currently does not accept negative values.