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The GST Annual return i.e., GSTR 9 is a return to be filed by the every taxpayer once a year which is summary of all monthly/quarterly returns (GSTR 1, GSTR 2A, GSTR-3B) filed for that year.
It consists of details regarding the outward and inward supplies made/received during the relevant year, ITC availed and utilized, Refund claimed under different tax heads i.e., CGST, SGST & IGST.
GSTR 9 is to be filed by every registered taxpayer* except Composition Dealer (GSTR-9A is prescribed for them), Casual Taxable Person, Input Service Distributor, Non Resident Taxable Person, taxpayer paying TDS u/s 51.
*As per decision taken in 37th GST Council Meeting, For FY 17-18 and 18-19, if aggregate turnover of taxpayer is less than 2 Crores, then he need not file GSTR 9. In such cases, it shall be deemed that GSTR 9 has been filed with auto-populated figures, if not filed by taxpayer by due date and hence no late fees shall be levied.
| Annual Return Form | Section | Rule | Who need to file |
| GSTR-9 | 44(1) | 80(1) | Every Registered Person / regular taxpayers (filing GSTR 1 & GSTR 3 B) |
| GSTR-9A | 44(1) | Proviso to 80(1) | Registered Person paying tax under Section 10 (Composition Scheme), filing GSTR4. |
| GSTR-9B | 52(5) | 80(2) | TCS taxpayers (e-Commerce Operators) , filing GSTR 8 |
| GSTR-9C | 44(2)/35(5) | 80(3) | Regiestered Persons exceeding aggregate turnover Rs 2 crores during the financial year. And also to file a copy of audited annual accounts along with GSTR 9. |
As per Rule 80 of CGST Rules 2017, below are the different types of Returns under GSTR 9 Form:
Registered taxpayers, including those under the composition scheme, are required to file annual returns once a year under GST. CBIC initially notified the formats of GST annual return forms GSTR-9 (for regular taxpayers) and GSTR-9A (for taxpayers registered under the composition scheme) along with requisite instructions via Notification No. 39/2018 – Central Tax dated 4th September 2018 and updated them via Notification 74/2018 on the 31st December 2018.
The GSTR-9A form has been phased out, with effect from FY 2019-20, and replaced with the revised GSTR-4.
GSTR-9B is an annual return to be filed by every E-commerce operator who is required to collect tax at source under section 52 (5) of the CGST Act, 2017.
It contains the details of outward supplies of goods and services, returns if any, and the amount collected during the financial year. It summarises the details filed in GSTR-8, which is the monthly return to be filed by E-Commerce operators.
Every registered person whose turnover during a financial year exceeds the prescribed limit of rupees two crores shall get his accounts audited by a chartered accountant or a cost accountant.
GSTR-9C is a statement of reconciliation between:
It's comparable to a tax audit report filed under the Income Tax Act. It will be comprised of gross and taxable turnover as reported in the books, as well as the respective figures derived from the aggregation of all GST returns for the financial year.
Hence, any differences arising from this reconciliation exercise will be reported here along with the reasons for the same. The certified statement shall be issued for every GSTIN. Hence, for a PAN there can be several GSTR-9C forms to be filed.
GST is a trust-based taxation regime wherein a taxpayer is required to self-assess his tax liability, pay taxes and file returns. Thus, to ensure whether the taxpayer has correctly self -assessed his tax liability - a robust audit mechanism is a must. Various measures are taken by the government for proper implementation of GST and audit is one amongst them.
Audit under GST involves examination of records, returns and other documents maintained by a registered person. It ensures correctness of turnover declared, taxes paid, refund claimed, input tax credit availed and compliance with provisions of law.
GST Audit is applicable for every taxpayer whose aggregate turnover during the financial year exceeds Rs 2 Crores*. Such businesses must get their books of accounts audited by a chartered accountant or a cost accountant. Such taxpayer shall electronically file:
*For FY 18-19, for taxpayer having aggregate turnover upto 5 Crores, requirement of GST audit has been removed.
Filing after due date attracts late fee and penalty.
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