GSTR 9 - Learn Everything about Annual Return Under GST


What is GSTR 9?
GSTR 9 is an Annual GST Return form which shall be filed by every registered taxpayer in every fiscal year after the introduction of the GST program. GSTR 9 forms include all the consolidated summary performed by any taxpayer regular monthly or quarterly. The summary consists of essentially all the info of the ITC stated, external and inward supplies especially.


Who Shall or Who Shall Not File GSTR 9?
As gone over earlier GSTR 9 should be filed by all the regular taxpayers as per the GST Act. But there are some exemptions who might not have to submit GSTR 9. The list includes:
  • The person who is a casual taxpayer this falls under the "Casual Taxable Person" category.
  • A person who is not a citizen of India or "Non-Resident Taxable Person."
  • The person who is accountable for tax deduction at source.
  • Any person who is supplying input tax credit.
  • Any e-commerce website or portal collecting TCS
Types of GST Return  Forms (Excluding GSTR 9)
Apart from GSTR 9 forms, there are likewise other forms offered which have various eligibility requirements. Let us toss some light over these kinds of GST Return forms:

GSTR 9A: This form has to be filed by the taxpayers who come under the composition plan.
GSTR 9B: Any e-commerce company that has actually submitted GSTR 8 in the fiscal year needs to file GSTR 9B as their annual return.
GSTR 9C: Any taxpayers whose turnover surpasses the threshold limitation of 2 crore INR required to submit GSTR 9C together with their annual returns. These company accounts shall likewise be examined by authorized workers and the copies of all audited accounts with the GSTR 9C form.

Due Date  of  GSTR 9 Form
The last date of submission the GSTR 9 form is 31st December from the subsequent financial year. For instance, XYZ financial year 2017-18 then, the due date of filing the GSTR 9 form will be 31st December 2018.

Charges for Late Filing GSTR 9 Form
Every taxpayer shall submit the GSTR 9 from within the proposed time limit. In case if he stops working to comply with that then there is a substantial quantity of charge that will amount to 200 INR each day. This late fee includes CGST 100 INR per day and SGST 100 INR daily, there is no late cost payment on IGST. The amount of penalty will not surpass the quantity of quarter turnover of the taxpayer.

The Format of GSTR 9 Form
Annual GST Return - GSTR9 Form.
GSTR 9 Form can be divided into 6 major parts. Let us discuss them
1. Fundamental Details
Really first part of the GSTR 9  annual return form consists of the standard details about the taxpayer which will currently be filled.

2. Inward and Outward Supply Details
This part of the form includes the information relating to the inward and outside supply because of the specific financial year of the taxpayer. This information will remain in the summarized form including all the information of FY.

3. Information about ITC
In this column, the taxpayer required to furnish the details ITC that was declared in the financial year by him together with the details of disqualified and reversed ITC if any. The details must be consolidated for the whole FY.

4. Information on Tax Paid
This section consists of the information of the tax paid by the taxpayer under the GST Act throughout his appropriate financial year. Even more,   to mention the details in this section   GSTR3B form can likewise be utilized by the taxpayer.

5. Details of Transaction
Every taxpayer requirement to provide the details about each and every deals however there is a condition which is.
Transaction declared in the returns of April to September of the current fiscal year or.

Approximately the date of filing the annual return of the previous fiscal year; whichever is earlier.
6. Other Details
In this section of the GSTR 9 form, the taxpayer needs to provide details about various things. The information compromise of the following details.
GST Refund and need details as asked by the government.
Late fees paid or payable.
Particulars of Inward materials from the structure plan taxpayer.



Location: Delhi, India

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