GSTR 9 – Due Date, Eligibility, and Late Fees

GSTR 9 due date, eligibility, and late fees

GSTR 9 is an annual return that is supposed to be filed by GST-registered taxpayers including those who have opted for the composition levy scheme. Consolidating the information furnished in the monthly and quarterly returns, GSTR 9 contains details of the supplies made and received during the last financial year under SGST, CGST, and IGST. There are four types of returns to be filed under the said system – GSTR 9, GSTR 9A, GSTR 9B, and GSTR 9C that can be filed online on the GST portal.

Due date for filing GSTR 9

The due date for GSTR 9 is 31st December of the subsequent financial year. So, for FY 2017-2018, GSTR 9 was required to be filed on or before 31st of December, 2018. But the CBIC issued a press release on 7th December, 2018 in order to notify the extension of the due date for filing FORM GSTR 9, GSTR 9A, and GSTR 9C to 31st March, 2019.

GSTR 9 Eligibility – Who should file GSTR 9, GSTR 9A, GSTR 9B, and GSTR 9C?

Taxpayers registered under the GST regime are required to file GSTR 9. However, input service distributers, casual taxable persons, non-resident taxable persons, & persons paying TDS are exempted from filing GSTR 9.

GSTR 9A should be filed by regular GST taxpayers filing GSTR 1, GSTR 2, and GSTR 3. All these forms must be filed for a taxpayer to file GSTR 9A return.

E-commerce operators collecting tax at source are required to file GSTR 9B annually, in addition to filing GSTR 8 return monthly.

GSTR 9C return must be filed by taxpayers having annual turnover of over INR 2 crores in a financial year. They are required to file their GSTR 9C with accounts audited by a practising Chartered Accountant or Cost Accountant; and this must be completed before starting to file GSTR 9C on the GSTN online portal.

Late fees for delay in filing GSTR 9

Delay in filing GSTR 9 will result in a penalty of INR 100 per day under SGST and INR 100 per day under CGST, making it a maximum of INR 200 per day as IGST does not levy any late fees. The maximum possible fine will be an amount calculated at a quarter percent of the total turnover of the taxpayer in the respective State or UT.

The government has recognized several GST Suvidha Providers (GSPs) to assist taxpayers and businesses with their GST filing and compliance needs. GSPs make it easy for the taxpayers to file their returns on time and keep the whole process streamlined, allowing the taxpayers to avoid penalties, and focus more on their core areas of business. Hence, whether it is GSTR 9 that you need to file, or GSTR 9A, 9B, or 9C, your GSP will take care of the proceedings.

Are you done with your GSTR 9 filing yet? Avoid missing the deadline and paying penalties – write to us and we can help you file your GSTR 9 returns seamlessly and effortlessly, in no time at all.

Latest Updates on GSTR 9
GSTR 9 is active on GSTN Now – Here is how to file

GST annual return (GSTR 9) is now live on the GST network. The option is available after logging in to the GST portal below the return dashboard icon. In order to file this annual return, navigate through Services > Returns > Annual Return and then select the financial year for which you want to file.

As already established, annual return in form GSTR 9 is required to be filed by every taxpayer registered as a regular taxpayer during a certain financial year. It can be either filed online or fed to an offline tool to be ultimately uploaded on the portal and filed. Currently, FY 2018-19 is the only available option. Please remember to file all applicable statements in Form GSTR 1 and returns in Form GSTR 3B before going ahead with filing returns under Form GSTR 9.

It is important to note that the annual returns under GSTR 9 cannot be revised after filing. Also, your Input Tax Credit based on GSTR 2A will be populated automatically as per GSTR 1 filed by your suppliers, and if it hasn’t been updated yet, you should wait for the next date of auto-updation of GSTR 2A.

NIL Annual Returns Filing under GSTR 9

It is important to mention that “NIL” annual returns under GSTR 9 can also be filed if certain criteria are met. You can file for NIL GSTR 9 returns if during the financial year you have:

  • Not made any outward supply (commonly known as sale)
  • Not received any inward supplies (commonly known as purchase) of goods/services
  • No liability of any kind
  • Not claimed any Credit during the Financial Year
  • Not received any order creating demand
  • Not claimed any refund

Related article: How to file GSTR 9 online?