Apr17
2019GSTR – 9 is an Annual Return to be filed by the registered taxpayers under GST. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST.
In 31st meeting of GST Council held on 22nd December 2018 GST council recommended further extension for filing of GSTR-9 up to 30th June 2019 for financial year 2017-18 and same was extended by CBIC Order No. 03/2018-Central Tax dated 31st December, 2018. Here are some Frequently Asked Questions related to GSTR 9.
Q1. Why Do We Need to File GSTR – 9?
Ans: GSTR 9 is an annual return to be filed by the registered taxpayers under GST. It consists of details regarding the supplies made and received during the year. It consolidates the information furnished in the monthly or quarterly returns during the year.
Q2. Who Are Eligible to File GSTR-9?
Ans: Every Registered Taxpayer under GST shall file GSTR – 9 except the following persons:
Q3. What is the Due Date for Filling GSTR-9?
Ans: In 31st meeting of GST Council held on 22nd December 2018 GST council recommended further extension for filing of GSTR-9 up to 30th June 2019 for financial year 2017-18 and same was extended by CBIC Order No. 03/2018-Central Tax dated 31st December, 2018. Hence, the due date for filing GSTR 9 is June 30, 2019.
Q4. What will be the period for GSTR-9?
Ans: As of now, GSTR-9 shall be filled for only financial year 2017-18.
Q5. What are pre-requirements to file GSTR-9?
Ans: All applicable statements in Forms GSTR-1 and returns in Form GSTR 3B of the financial year shall have been filed before filing GSTR-9.
Q6. What are the ways to file GSTR-9?
Ans: GSTR-9 can be filed online. It can also be prepared on Offline Tool and then uploaded on the Portal and filed.
Q7. Can Taxpayer file GSTR-9 as “NIL”?
Ans: GSTR-9 can also be filled NIL in following cases, if Taxpayer:
Q8. What information is to be filled in GSTR – 9?
Ans: Details of Outward and Inward supplies declared during the financial year 2017-18. This detail must be automated by consolidating summary from all GST returns filed in previous financial year.
Q9. What are things that have to be kept in mind while filling GSTR-9?
Ans: Following points must be kept in mind before filing GSTR – 9:
Q10. What are the consequences of late filling GSTR – 9?
Ans: Late fees for not filing the GSTR 9 within the due date is Rs. 100 per day up to a maximum of an amount calculated at a quarter percent of the taxpayer turnover in the state or union territory. Thus it is Rs 100 under CGST & 100 under SGST, the total penalty is Rs 200 per day. There is no late fee on IGST.