GST Annual Return (GSTR-9) – All you need to know

Summary

The Central Board of Indirect Taxes and Customs has recently notified the format of GSTR-9 for the normal tax payers. GSTR-9 is an annual return which is required to be filed by the tax payer.

Due Date: The due date of filing GSTR 9 is 31^st December following the end of such Financial Year. It needs to be filed once in a Financial year.

Annual GST Return GSTR-9, All you need to know | EZTax-in

Different Types of Annual Returns

GSTR 9 – Annual Return by Regular Tax Payer
GSTR 9A – Annual Return by the Composition Tax Payer
GSTR 9B – Annual Return by the E Commerce Operator
GSTR 9C – Annual Return by the Tax Payer whose annual turnover exceeds 2 Crore in a financial Year

Persons who are not required to file Annual Returns

The following are persons who are not required to Annual return

Input Service Distributors
Casual Taxable Persons
Non-Resident Taxable Persons
Persons paying tax under section 51 (Tax Deducted at source)
Persons paying tax under section 52 (Tax Collected at source)

Details required to be given in GSTR-9

The following details should be entered in GSTR-9

Basic details
Consolidated details of Sales and purchases for the entire Financial Year
Consolidated Value of Input Tax Credit which will be auto Populated from the filed GST Returns
Details of Taxes paid in the Financial Year
Details of Amendments to the details already filed in GST returns

In case you come under the compliance to file your Annual GST Returns, speak to Team GST Tax Filing to know more and help your file promptly.

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