GSTR-9 is the Annual Return that a registered taxpayer under GST needs to file once for each financial year on the GST Portal. It comprises of details of sales, purchases, input tax credit, demand and refund.
Who should file GSTR-9?
The taxpayers registered under the regular scheme
Taxpayers who have shifted from Composition Scheme to Regular scheme any time during the financial year
Taxpayers who have shifted from Regular scheme to Composition scheme any time during the financial year
SEZ Units i.e. Special Economic Zone Units
SEZ Developers i.e. Special Economic Zone Developers
The following taxpayers should not file GSTR-9:
Taxpayers registered under composition scheme who did not opt for regular scheme during the financial year
NRTP i.e. Non-Resident Taxable Persons
ISD i.e. Input Service Distributor
CTP i.e. Casual Taxable Person
TDS Deductor i.e. persons required to deduct tax at source
Due Date to file GSTR-9 is 31st December of the next financial year. However, the GST council extended the due date of FY 2017-18.
Due Date to file GSTR-9 for FY 17-18
Is 30th June 2019
Due Date to file GSTR-9 for FY 17-18
Is 30th June 2019
How much is the Late Fee for filing GSTR-9 after the due date?
If the taxpayer does not file GSTR-9 on or before the due date, he is liable to pay a Late Fee of Rs.200 (CGST Rs.100 and SGST Rs.100) for each day of delay. The Late Fee is calculated from the date after the due date up to the date of filing of the return.
What information is required to be reported under GSTR-9?
Following basic details of the taxpayer are auto-populated:
Financial Year – Enter the financial year for which the taxpayer files the return
GSTIN i.e. GST Identification Number of the taxpayer
Legal Name and Trade Name of the business
Following details are auto-filled based on the GSTR-1 and GSTR-3B filed during the financial year:
Do I need to file GSTR-9 if my registration has been cancelled in the financial year?
A taxpayer who has an Active GSTIN during the financial year even for a single day must file the annual return. Thus, even if the registration is cancelled, the taxpayer must file annual return i.e. GSTR-9 or GSTR-9A
Can I file Nil GSTR-9?
A taxpayer can file Nil GSTR-9 if: 1. There are no outward supplies i.e. sales 2. There are no inward supplies i.e. purchases 3. The taxpayer does not claim any refund 4. The taxpayer does not claim any input tax credit 5. There is no liability to be reported 6. There is no outstanding demand 7. No late fee payable