As per CGST Act, 2017 | CBIC – Government of India
Overview
GSTR-9
GSTR-9C
Data Required
Filing Process
Late Fee & Penalty
FAQs
GST Annual Return is a consolidated return summarizing all GST transactions
for a financial year. It ensures reconciliation between monthly/quarterly
returns and books of accounts.
Filing GSTR-9 / GSTR-9C is essential to avoid penalties, scrutiny, and
departmental notices.
What is GSTR-9?
GSTR-9 is an annual return to be filed by regular GST registered taxpayers.
It contains consolidated details of outward supplies, inward supplies,
tax paid, and ITC claimed during the financial year.
Particular
Details
Who must file
Regular GST taxpayers
Frequency
Once per financial year
Due Date
31st December (subject to extension)
Exempted
Composition dealers, ISD, TDS/TCS filers
What is GSTR-9C?
GSTR-9C is a reconciliation statement between:
GST returns (GSTR-1, 3B)
Books of accounts
It certifies the correctness of GST data and highlights differences,
if any.
Criteria
Details
Applicability
Taxpayers exceeding prescribed turnover limit
Prepared by
Taxpayer / CA / CMA (as applicable)
Nature
Reconciliation statement
GSTR-9C focuses on reconciliation, not fresh return filing.
Data & Documents Required
Filed GSTR-1 & GSTR-3B (full year)
Sales Register / Sales Invoices (Excel)
Purchase Register / Purchase Invoices (Excel)
Credit Notes & Debit Notes
Amended invoices
Bank statements
Balance Sheet & Profit & Loss Account
ITC reconciliation data
Accounting data (Tally / ERP / Excel)
GST Annual Return Filing Process
Review of monthly/quarterly GST returns
Reconciliation with books of accounts
Identification of mismatches
Preparation of GSTR-9
Preparation of GSTR-9C (if applicable)
Client confirmation & final filing
Proper reconciliation reduces risk of GST notices and audits.
Late Fee & Penalties
Late fee up to ₹200 per day (CGST + SGST)
Maximum cap based on turnover
Interest on tax shortfall (if any)
Increased scrutiny by GST department
Non-filing of annual return may lead to GST notices and future registration issues.
Frequently Asked Questions (FAQs)
Is GSTR-9 mandatory? – Yes, for eligible taxpayers.
Is GSTR-9C an audit? – It is a reconciliation statement.
Can GSTR-9 be revised? – No.
Is NIL annual return required? – Yes, if applicable.
As per CGST Act, 2017 | CBIC – Government of India
Overview
GSTR-9
GSTR-9C
Data Required
Filing Process
Late Fee & Penalty
FAQs
GST Annual Return is a consolidated return summarizing all GST transactions
for a financial year. It ensures reconciliation between monthly/quarterly
returns and books of accounts.
Filing GSTR-9 / GSTR-9C is essential to avoid penalties, scrutiny, and
departmental notices.
What is GSTR-9?
GSTR-9 is an annual return to be filed by regular GST registered taxpayers.
It contains consolidated details of outward supplies, inward supplies,
tax paid, and ITC claimed during the financial year.
Particular
Details
Who must file
Regular GST taxpayers
Frequency
Once per financial year
Due Date
31st December (subject to extension)
Exempted
Composition dealers, ISD, TDS/TCS filers
What is GSTR-9C?
GSTR-9C is a reconciliation statement between:
GST returns (GSTR-1, 3B)
Books of accounts
It certifies the correctness of GST data and highlights differences,
if any.
Criteria
Details
Applicability
Taxpayers exceeding prescribed turnover limit
Prepared by
Taxpayer / CA / CMA (as applicable)
Nature
Reconciliation statement
GSTR-9C focuses on reconciliation, not fresh return filing.
Data & Documents Required
Filed GSTR-1 & GSTR-3B (full year)
Sales Register / Sales Invoices (Excel)
Purchase Register / Purchase Invoices (Excel)
Credit Notes & Debit Notes
Amended invoices
Bank statements
Balance Sheet & Profit & Loss Account
ITC reconciliation data
Accounting data (Tally / ERP / Excel)
GST Annual Return Filing Process
Review of monthly/quarterly GST returns
Reconciliation with books of accounts
Identification of mismatches
Preparation of GSTR-9
Preparation of GSTR-9C (if applicable)
Client confirmation & final filing
Proper reconciliation reduces risk of GST notices and audits.
Late Fee & Penalties
Late fee up to ₹200 per day (CGST + SGST)
Maximum cap based on turnover
Interest on tax shortfall (if any)
Increased scrutiny by GST department
Non-filing of annual return may lead to GST notices and future registration issues.
Frequently Asked Questions (FAQs)
Is GSTR-9 mandatory? – Yes, for eligible taxpayers.
Is GSTR-9C an audit? – It is a reconciliation statement.
Can GSTR-9 be revised? – No.
Is NIL annual return required? – Yes, if applicable.
