GSTR 9 AND GSTR 9C
- GSTR – 9 is an annual return to be filed once every year by regular registered persons.
- GSTR – 9A is an annual return to be filed once every year by taxpayers under composition scheme.
- GSTR – 9B is an annual return to be filed once every year by E – Commerce operators.
- GSTR – 9C is audit report that needs to be filed after due verification of a CA
Applicability:
GSTR – 9 & 9C is mandatory for taxpayers with turnover over Rs 2 Crore in a FY.
Filing of GSTR 9 / 9C is not mandatory for the following persons:
- Casual Taxable Person
- Input Service Distributor
- NRTP
- Person paying TDS u/s 51
Due Dates:
- Usually the last date of filing GSTR 9 is 31st December of subsequent FY.
- For FY 2018-19 the due date is September 2020.
Penalty for delay in filing of GSTR 9:
- Rs 100/ per day each under CGST and SGST upto a maximum of an amount of 0.25% of the turnover for the year.
- Interest will be levied @ 18% PA.
Annual returns once filed cannot be revised.
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