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What is GSTR 9?

As per the CGST Act, every registered taxpayer has to file an annual return, GSTR-9, once for each financial year. In GSTR-9, they are required to furnish the details relating to:

 

Section 44(1) of the CGST Act of 2017 mandates that taxpayers have to file an annual return for every fiscal year. Read on to know all about GSTR 9 annual return form, and you can file one. 

Types of GSTR-9

Rule 80 of the Central GST Rules, 2017 lists four types of GSTR-9 forms. The following are the types of taxpayers who are required to file these forms:

 

  • GSTR-9: Registered taxpayers who file GSTR-1, GSTR-2, GSTR-3, and GSTR 3B

  • GSTR-9A: Dealers registered under the Composition Scheme of the GST law 

  • GSTR-9B: E-commerce dealers, including individuals who collect tax at source and have filed GSTR-8

  • 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

Who Should File GSTR 9

GSTR-9 has to be filed by the following individuals/entities: 

 

  • All taxpayers registered under the CGST Act, 2017

  • SEZ (Special Economic Zone) units and developers

  • Online Information Database Access and Retrieval (OIDAR) service providers

  • Taxpayers who have opted out of the Composition Scheme of GST.

Note: Filing of GSTR-9 is optional for businesses with an annual turnover of up to ₹2 Crores.

GSTR 9 Due Date

The annual return GSTR 9 due date for the financial year 2022-23 is 31st December 2023.

What is the GSTR 9 Format?

The GSTR-9 format 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 1: In this part, you must include all the information related to the GSTIN number, legal names, trade names, and details on the taxable goods and services.

  • 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. View GSTR-2A for this data.

  • Part 4: It should feature tax-specific data for a given financial year.

  • Part 5: This part is to be filed with details about the transactions of the previous financial year declared in the current financial year.

  • Part 6: Here, you must include information about the HSN summary, GST demands, late fees, and refunds.

How to File GSTR 9 Online

As mentioned, the annual return GSTR-9 is a comprehensive form containing 6 parts and 19 sections. Let us look in detail at how each part and section has to be filled.

Part 1

In the first part of the form, you will need to add your basic details, such as:

 

  • Section 1: The financial year for which you are filing GSTR-9

  • Section 2: GSTIN

  • Section 3A: Legal name

  • Section 3B: Trade name

Part 2 

In the second part, you are required to provide details of the transactions related to the outward and inward supplies in two different sections. These sections are:

 

  • Section 4: Here, you need to enter the taxable value, CGST, IGST, SGST and cess payable on advances, purchases, and sales supplies

  • Section 5: In this section, you are required to add details about the sales on which tax is not payable

Part 3

This part has three sections that inquire about your ITC balance. The details on these sections are given below:

 

  • Section 6: This section must contain the details of the Input Tax Credit availed during a financial year that are filed in the return

  • Section 7: Here, you are required to fill in the information about reversed and ineligible Input Tax Credit (ITC)

  • Section 8: This section would require you to provide other ITC-related details 

Part 4

Part of the GSTR-9 form contains just one section:

 

  • Section 9: This section must provide the details of all the taxes paid and declared in returns in a financial year

Part 5

Part 5 has four sections detailing all the transactions carried out during a financial year. These sections are:

 

  • Sections 10 & 11: The supplies or tax declared through amendments

  • Section 12: The reversal of ITC availed during the previous financial year

  • Section 13: The ITC availed for the previous financial year

After entering details into these sections, you will be required to add differential tax payable value for CGST, IGST, SGST, cess, and interest value. 

Part 6

Part 6 of the GSTR-9 form collects information in the following sections:

 

  • Section 15: This section must contain details pertaining to demands and refunds

  • Section 16: In this section, you will be required to add details about the supplies received from composition taxpayers, deemed supplies, and goods sent on an approval basis

  • Sections 17 & 18: These sections must contain HSN-wise information about sales and purchases, respectively

  • Section 19: In this section, you must provide details about the payable late fees 

How to Check GSTR-9 Filing Status

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 for your GSTR-9: 

 

  • To Be Filed 

  • Submitted But Not Filed

  • Filed-Valid

  • Filed-Invalid

GSTR 9 Late Fees and Penalty

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. Note that there is no late fee for the IGST yet.

Act

Late Fees (For Per Day of Delay)

CGST

₹100

SGST

₹100

Total Late Fees

₹200

FAQs on GSTR-9

  • ✔️How many subcategories are there under GSTR 9?

    There are 6 parts and 19 sections under the GSTR-9 form.

  • ✔️How do I file an annual return on GSTR-9?

    You can file your annual return GSTR-9 by filling out this form available on the GST portal.

     

  • ✔️Is GSTR-9 mandatory for businesses with turnover less than ₹2 Crores?

    Yes, for those businesses or entities with a turnover of less than ₹2 Crores, it is mandatory to file GSTR-9.

     

  • ✔️What is the limit for GSTR-9?

    The aggregate turnover GSTR-9 limit is ₹2 Crores.

     

  • ✔️If the taxpayer opts for the composition scheme, is she/he required to file GSTR 9?

    A taxpayer is exempt from GSTR-9 filing if she/he has opted for the composition scheme.

     

  • ✔️Is it possible to revise GSTR 9?

    No, you can not revise the GSTR-9 once you have filed it. 

     

  • ✔️Is GSTR-9 compulsory for everyone?

    Yes, every registered taxpayer has to submit a GSTR-9 unless exempted under CGST Rules, 2017.

     

  • ✔️What is the turnover limit for filing GSTR-9?

    The turnover limit to file GSTR-9 is ₹2 Crores.

     

Latest GSTR-9 News

Indore: Small traders exempted from filing GSTR-9, GSTR-3B

Small traders with annual turnovers of up to Rs. 2 Crores are now excluded from submitting GSTR-9, which is a significant relief. The GSTR-3B will also be made simpler. But in the days to come, the cost of some things could go up.

This was said by local GST specialists as they decoded the decision made at the 47th GST Council meeting, which took place on June 28 and 29 in Chandigarh. A workshop was held by the Tax Practitioners Association (TPA) to debate the council's conclusions.

Sunil P Jain, a GST specialist, stated that the council will solicit feedback from taxpayers and tax experts in order to simplify the Form GSTR-3B. Small dealers with annual sales of up to Rs. 2.00 Crores are excluded from submitting Annual Return Form GSTR-9, which is a commendable development. Similarly, the late fee assessed on Form GSTR-4 has been eliminated.

 

- July 07, 2022