What is GSTR-9?
Just like we file income tax return, in the same manner we have to file GST returns also on time to avoid penalties. GSTR 9 is an annual return to be filed yearly by taxpayers registered under GST and it includes details relating to outward and inward supplies made/received during the relevant financial year under different tax heads i.e. CGST, SGST & IGST and HSN codes.
For the above compliance you need not to worry because we are here to do all your compliance.
Documents Required
Required Documents for Annual GSTR-9 Filing:
Process to Reach us-
Fill the details in the form provided on our website.
Make the required payment.
Team will call you and ask for all the Necessary Information and Documents.
Share the documents required and we will start procedure and create the draft.
Will approve everything from you and apply for GSTR-9 Filing.
Here is a quick comparison of GSTR-9 & GSTR-9C
| Points of comparison | GSTR-9 | GSTR-9C |
| Points of comparison | Annual Return | Reconciliation Statement |
| Nature | Informational/ a consolidation of all GST returns | Analytical statement on GST returns certified by GST Auditor/ CA/CMA for GST authorities to take necessary action |
| Who must file | GST Registered taxpayer | GST registered taxpayer to whom GST audit is applicable |
| Not applicable to | Casual Taxable Person Non-Resident Taxable Person Input Service Distributor Unique Identification Number Holders Online Information and Database Access Retrieval Service providers Composition Dealers Persons subject to TCS or TDS provisions | Those mentioned under GSTR-9 but also a registered person whose aggregate turnover in an FY is less than Rs. 2 Crores |
| Due date for filing | 31 December of next FY* | 31 December of next FY* *, either with or after filing GSTR-9 |
| Late fees & penalty | Late fees of Rs 200 per day of delay subject to a maximum cap of an amount at 0.25% of total turnover in respective State/UT | No specific provision, Hence, subject to a general penalty of Rs 25,000 |
| Filing of the return | On GST portal or through facilitation centre | On GST portal or through facilitation centre at the time of or after filing GSTR-9 |
| Format of the return | Consolidated summary details of the turnover, ITC and tax paid, late fees as per the GST returns filed between July 2017 and March 2018 along with its amendments made between April 2018 and September 2018. Further, declaration of demands/ refunds, supplies from composition dealers, Job works, goods sent on an approval basis, HSN wise summary of outward and inward supplies, late fees payable is required. | Part-A -Reporting of reconciliation needed between turnover, tax paid and ITC. Report on Auditor’s recommendation of any additional tax liability. Part -B -Certificate by GST Auditor/ CA/ CMA |
| Who must certify/ attest | No certification required by CA/CMA but must be attested by the taxpayer using a digital signature | Certification of GST Auditor is required who is either a CA/CMA through digital signature and must be attested by the taxpayer using a digital signature |
| Annexures | No annexures to be attached | Annexure of Audited financial statement is required |
Any Query ??
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FAQ
Yes, it was mandatory for all the normal taxpayers to file GSTR9.
Every GST-registered taxpayer must file GSTR 9 once a year.
GSTR-9 shall continue to be optional for taxpayers with turnover up to Rs. 2 crore.