GSTR 9 and GSTR 9A is an annual GST return to be filed once in a year by the registered taxpayers under GST including those registered under composition levy scheme. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST, and IGST. It consolidates the information furnished in the monthly/quarterly returns during the year.
Meanwhile, after a recent announcement by the Central Board of Indirect Taxes and Customs, taxpayers are requested to file their annual returns on or before June 30th, 2019.
GSTR-9 is filed by the taxpayers who are registered under GST or opted for composition scheme. This form contains the particulars of supplies transactions under various heads like CGST, SGST and IGST during the year, as well as details of exports or imports. Apart from this, it includes all the essentials that are present in monthly/quarterly GST return filed by a taxpayer. Moreover, the GSTR-9 return is a summary of a business’s monthly or quarterly returns.
Any registered taxpayer or a taxable person under GST must file GSTR-9. However, the following are the persons who are not considered to file GSTR-9:
1. Non-resident taxable persons
2. Input service distributors (ISD)
3. Person paying TDS
4. Casual Taxable person
A taxpayer is supposed to file GSTR-9 before or on 31st December of the financial year. Like, for the financial year 2017-18, Due date is extended to file GSTR-9 is 30th June 2019. For the financial year 2018-19 the due date for filing GSTR-9 is 31st December 2019.
As per Section 47(2) of Central Goods and Service Tax Act (2017), a person will be fined a penalty of INR 100 per day (CGST) + INR 100 per day (SGST), amounting to a total of INR 200 per day if he/she fails to file GSTR-9 before the due date. However, the maximum amount of penalty a person can be fined is 0.25% of the total turnover.
There are basically four types of return under GSTR-9:-
Can someone file GSTR 9 if he/she hasn’t filed GSTR 9A or GSTR 9B for a period?
No, Filing of GSTR 9A and GSTR 9B is mandatory before filing of GSTR 9.
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