GST Annual Return

FORM GSTR-9:This particular annual return is to be filed by all the regular taxpayers (which involves taxpayers who have filed regular returns in the FORM GSTR-3B, GSTR-1, etc.)

FORM GSTR-9C: This particular annual return is required to be filed by every registered taxpayer whose aggregate annual turnover during the relevant financial year exceeds R 5 Crores. This is a reconciliation statement and has nowbecome necessary to be self-certified by the registered person.

As per Section 44 of CGST Act 2017, every taxpayer who is registered under GST must file GSTR-9 ,GSTR-9C & GSTR-4.

Except:

• Taxpayers opting composition scheme They must file GSTR-9A(Notification 74/2018. Currently, the GSTR-9A form has been cancelled with effect from FY 2019-20 after being superceded by revised GSTR-4.).
• Taxpayers opting for the composition scheme (Required to file GSTR-9A).
• A person paying tax under section-52(TCS Deductor).
• A Casual Taxable Person.

Any person paying tax under the section-51(TDS Deductor).

• An input service distributor.

Applicability of GSTR-9, GSTR-9C & GSTR-4

GSTR-9- Mandatory to be filed those taxpayer whose aggregate turnover is more than INR 2 crores in the previous financial year.

GSTR-9C-Taxpayers with a turnover exceeding five crore rupees in previous financial year are compulsorily required to file the Form GSTR-9C on a self-certification basis

GSTR-4-Form GSTR-4 (Annual Return) is required to be filed by composition taxpayer during any part of the financial year even if you have got your registration cancelled during the said financial year.

As per Rule 80 of the CGST Rules, 2017- Return for every financial year is necessarily required to file the same on or before the 31st December of next financial year.