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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.

FAQs on GSTR-9

  • ✔️Is GSTR-9 mandatory for all?

    Yes, GSTR 9 is to be filed by all taxpayers registered under the GST Act, 2017.

  • ✔️Can I revise the GSTR-9 which has been filed?

    No, as of now, GSTR 9 can not be revised once it is filed.

  • ✔️Can I claim or report any unclaimed ITC through GSTR-9?

    No, unclaimed ITC (Input Tax Credit) can not be claimed through GSTR-9.

  • ✔️I got my registration cancelled in the current financial year. Can I file Form GSTR-9?

    Yes, you have to file GSTR-9 even if you got your registration cancelled for the current financial year.

  • ✔️Can I enter a negative amount in Form GSTR-9?

    No, you can not enter a negative amount in GSTR-9 as the GSTN portal currently does not accept negative values.

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