Normal Taxpayers- GST annual return applicability for FY 2019-20

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As we all know that, CBIC has extended the due date of GST Audit and GST Annual Return for FY 2019-20, which is now 31st March 2021. The major concern among the taxpayers is the GSTR 9 Applicability for FY 2019-20. So before filing GSTR 9 and GSTR 9C every one must know, whether it is mandatory to file these returns or not. In this post, we are going to discuss the GSTR 9 Applicability for FY 2019-20.

GSTR 9 Applicability for FY 2019-20

Under GST, annual return applicability depends on the turnover of the assessee. For this, the GST Council has given some relief to the taxpayers in respect of turnover limit for annual return (GSTR 9) as well as of audit (GSTR 9C). The same is given here-

What is the Turnover Limit for GSTR 9 for FY 2019-20?

GSTR 9 turnover limit for FY 2019-20: Under GST, annual return needs to be submitted for each financial year in GSTR 9 form. The turnover limit for annual return (GSTR 9) for FY 2019-20 is Rs. 2 Crore.

Also Read- Calculation of Aggregate Turnover under GST

What is the Turnover Limit for GSTR 9C for FY 2019-20?

GSTR 9C turnover limit for FY 2019-20: In addition to GSTR 9, as per section 35 of the CGST Act, 2017 every registered person is required to file GSTR 9C if the turnover of the assessee exceeds Rs. 5 Crore.

Chart: Turnover Limit for GST Annual Return for FY 2019-20

The below chart will clear all your doubts regarding the GSTR 9 applicability for FY 2019-20

Aggregate Turnover Annual Return (GSTR 9) GST Audit (GSTR 9C)
Turnover less than Rs. 2 Crore Optional NA
Turnover more than Rs. 2 Crore and less than Rs. 5 Crore Mandatory Optional
Turnover of more than Rs. 5 Crore Mandatory Mandatory
GSTR 9 Applicability for FY 2019-20

Also Read- GSTR 9 Turnover Limit for FY 2018-19

Non-applicability of GSTR 9 and GSTR 9C

The following persons are not required to file GST Annual Return (GSTR 9) and not required to get his GST Audit (GSTR 9C)

๐Ÿ‘‰ Casual Taxable Person.

๐Ÿ‘‰ Tax Deductor.

๐Ÿ‘‰ Tax Collector.

๐Ÿ‘‰ Input Service Distributors.

๐Ÿ‘‰ Non-Resident Taxable Person.

๐Ÿ‘‰ Person supplying OIDAR service from place outside India.

๐Ÿ‘‰ Foreign airlines are not required to submit form GSTR -9C.

Example

As per the above, The GST audit is applicable when total turnover on the PAN India basis exceeds Rs. 5 crores for FY 2019-20. However, GST Audit will be done GSTIN wise. For Example, Newtaxroute has units in Delhi having turnover Rs. 2 Crore, in Uttar Pradesh Rs. 2 Crore, and in Gujrat Rs. 2 Crore. The turnover is, therefore is Rs. 6 Crore. Therefore GST Audit is applicable to all its units.

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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.

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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