GSTR 9 and 9C- Things you need to know before filing

Under GST, after the end of the financial year, it is required to file an annual return and/or get his account audited for that financial year. It is not mandatory for all the assessee but needs to be done as per the notification or circulars issued by the GST department. Under this post, we will know about GSTR 9 and 9C.

Annual Return and Audit under GST

Following are the GST forms for Annual Return and Audit-

  • GSTR 9- Annual Return for normal taxpayers
  • GSTR 9A- Annual Return for composition taxpayers
  • GSTR 9C- GST Audit for normal taxpayers
  • GSTR 4- Annual Return for composition taxpayers

GSTR 9 and 9C

Under this article, you will get the knowledge of difference and comparison between GSTR 9 and GSTR 9C and for others, you can visit as mentioned below-

🎯 GSTR 4- Annual Return for composition taxpayers

🎯 Difference between GSTR 4 and GSTR 9A

GSTR 9 annual return for normal taxpayers

GSTR 9 is an annual return to be filed yearly by normal taxpayers registered under GST. It consists of details regarding the outward and inward supplies made received during the relevant previous year. It is a consolidation of all the monthly/quarterly returns filed in that year.

Who Should file GSTR 9 ?

All taxpayers registered under GST must file their GSTR 9, however, the following persons are not required to file GSTR9-

  • Composition Taxpayers
  • Casual Taxable Person
  • Input service distributors
  • A non-resident taxable person
  • Person paying TDS under section 51 of the CGST Act.

Also Read-

🎯 Applicability of GSTR 9 and 9C for FY 2018-19

🎯 Applicability of GSTR 9 and 9C for FY 2019-20

GSTR 9 Due date

Normally, the due date of GSTR 9 is 31st December of the next financial year but current update due dates are as under-

Financial YearOriginal Due DateExtended/Revised Due date
2017-1831st December 201807th February 2020
2018-1931st December 201931st December 2020
2019-2031st December 202031st March 2021

GSTR 9 late fees and penalty

The late fee for not filing the GSTR 9 within the due date is Rs. 100 per day per Act. It means that the late fee under the CGST Act is Rs. 100 per day and the late fee under SGST Act is Rs. 100 per day.

Thus the total liability of Rs. 200 per day of default. This is subject to a maximum of .25 % of the taxpayer’s turnover in the relevant state or union territory. However, there is no late fee on IGST yet.

GSTR 9 PDF Format Download

The government has notified the PDF format of all the annual return forms under GST. Here you can download the PDF format of GSTR 9 with instruction.

GSTR 9 Excel Format offline utility Download

The government has notified the offline excel utility format of GSTR 9 Return, here you can download the GSTR 9 offline utility.

GSTR 9C GST audit for normal taxpayers

Every registered person whose turnover during a financial year exceeds the prescribed limit shall get his accounts audited by chartered accountants and cost accountants.

What is GSTR 9C?

GSTR 9C is a reconciliation statement between-

👉 The annual return in GSTR 9 filed for a FY, and

👉 The figure as per the audited financial statement of the taxpayers.

It can be considered as similar to the Tax Audit done under Income Tax Act. The certified statement shall be issued for every GSTIN, hence for a PAN there can be several GSTR 9C forms to be filed.

Who Should file GSTR 9C ?

GSTR 9C form is applicable to all the taxpayers who must get their accounts audited under GST Law. Every assessee is required to get his accounts audited under GST if his Aggregate Turnover exceeds Rs. 5 crores in that financial year.

Also Read-

🎯 Applicability of GSTR 9 and 9C for FY 2018-19

🎯 Applicability of GSTR 9 and 9C for FY 2019-20

GSTR 9C Due date

The due date for submitting the GSTR 9C is as similar as GSTR 9, hence GSTR 9C must be filed on or before 31st December of the year subsequent to the relevant financial year under audit.

Financial YearOriginal Due DateExtended/Revised Due date
2017-1831st December 201807th February 2020
2018-1931st December 201931st December 2020
2019-2031st December 202031st March 2021

GSTR 9C late fees and penalty

The late fee for not filing the GSTR 9C within the due date is Rs. 100 per day per Act. It means that the late fee under the CGST Act is Rs. 100 per day and the late fee under SGST Act is Rs. 100 per day.

Thus the total liability of Rs. 200 per day of default. This is subject to a maximum of .25 % of the taxpayer’s turnover in the relevant state or union territory. However, there is no late fee on IGST yet.

GSTR 9C PDF Format Download

The government has notified the PDF format of all the annual return forms under GST. Here you can download the latest GSTR 9C pdf format. This format is as per the GST notification No. 56/2019- Central Tax dated 14.11.2019.

GSTR 9C Excel Format offline utility Download

The government has notified the offline excel utility format of GSTR 9C Return, here you can download the GSTR 9C offline utility.

Related Articles

🎯 Aggregate Turnover In GST- How to Calculate Threshold

🎯 Difference between GSTR 4 and GSTR 9A

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Disclaimer: The information contained in the above article are solely for informational purpose after exercising due care. However, it does not constitute professional advice or a formal recommendation. The author does not own any responsibility for any loss or damage caused to any person, directly or indirectly, for any action taken on the basis of the above article.

Feedback/Suggestion- Hope you all find it useful, please give your valuable feedback & let us know if there is an error. Thanks in Advance

Compiled by- CA Chirag Agarwal (Practicing Chartered Accountants)

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