GSTR 9 - Annual Return Filing

What is GSTR 9

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.

Types of GSTR-9

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.

Who Should File GSTR 9

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.

GSTR 9 Due Date

As per the 37th GST Council Meeting, the last date for filing GSTR 9 for a given financial year is 31st December of the following year. If you miss the due date, you will be liable to pay the applicable late fee.

What is the GSTR 9 Format

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 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. 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.

How to File GSTR 9 Online

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.

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: “To Be Filed”, “Submitted But Not Filed”, “Filed-Valid”, and “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.

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