Tuesday, June 11, 2019

gstr 9 annual return information


Who Should file GSTR9 Return

  • All GST Registered Dealers
  • Same PAN Different Registration
  • File Separately for each Registration
  • Nile Return should also file

Requirements of GSTR9 Filing

  • Filing of all form GSTR-3B
  • Filing of all form GSTR-1

Be Careful because GSTR-9 once filed cannot be revised

Nil Returns filing Conditions for GSTR-9 

  • Sales = NIL
  • Purchase = NIL
  • There is no other liability in report
  • No credit has been claimed
  • No refund has been claimed
  • No order creating demand has been served
  • There is no late fee to be paid

Auto Populated Data  in GSTR-9 - Cannot be modified

Table No: 6A

  • Total amount of ITC availed through Form GSTR-3B
  • Sum total of Table 4A of Form GSTR-3B

Table No: 8A

  • Input Tax Credit as per GSTR 2A (Table 3&5 thereof)
  • Data in Table No 8A updated periodically

Table No: 9

  • Details of tax paid as declared in returns filed
  • Except for tax payable column

Summary of GSTR-9 Table (Part B)

  • Table 4: Advance, Outward, Inward supplies on which Tax is Payable
  • Table 5: Outward Supplies on which tax is not Payable
  • Table6: ITC Availed During the year
  • Table7: ITC Reversed/Ineligible
  • Table8: Other ITC Related information
  • Table9: Tax Declared and Paid in Return
  • Table 10-13: Previous FY's Transaction reported in Next FY
  • Table 14: Differential tax paid on account of declaration in table 10&11
  • Table 15: Particulars of Demands & Refund
  • Table 16: Supplies from Composition Dealer/Deemed supply by Job worker and Good sent on Approval
  • Table 17: HSN Wise summary of outward supplies
  • Table 18: HSN Wise summary of Inward supplies
  • Table 19: Late Fees Paid/Payable

Payment of Additional Tax Liability (If Any)

  • Additional Liability not reported earlier at the time of filing Form 3B can be declared in GSTR
  • Payment can be made through Form GST DRC 03
  • After filing of GSTR9 link to Form GST DRC 03
  • Payment only through Utilization of cash from Electronic cash ledger

This information is in reference to the filing of Annual Return, Form GSTR-9, by a normal taxpayer for the financial year 2017-18, which is required to be filed by them on GST Portal latest by 30th June 2019. Kindly note that Annual Return is to be filed even if you may have canceled your GST Registration during the financial year.

(1) The taxpayers are required to file Form GSTR 1 and Form GSTR 3B for the period July 2017 to March 2018, before filing Annual Return. To make Annual Return filing process easy on GST portal, a facility has been provided for downloading the GSTR -9 system computed summary, filed Form GSTR 1 & GSTR 3B summary in PDF format by clicking the load button. Thus taxpayers can check it with actual data for accuracy and in case of difference, they may be edit such data before filing the Annual Return. Such Editing facility will enable the taxpayer to correct any error/omission in reporting the details in their returns. The taxpayer will be able to pay the differential tax, if any, through DRC -03 functionality before filing Annual Return.

(2) Further following clarifications issued by CBIC may be kept in mind while filing annual return Form GSTR -9:

  • a) Information contained in FORM GSTR-2A, as on 01.05.2019, shall be auto-populated in Table 8A of FORM GSTR-9.

  • b) Input tax credit on inward supplies shall be declared from April 2018 to March 2019 in Table 8C of FORM GSTR-9.

  • c) Particulars of the transactions for FY 2017-18 declared in returns between April 2018 to March 2019 shall be declared in Pt. V of FORM GSTR-9. Such particulars may contain details of amendments furnished in Table 10 and Table 11 of FORM GSTR-1.

  • d) It may be noted that irrespective of when the supply was declared in FORM GSTR-1, the principle of declaring a supply in Pt. II or Pt. V is essentially driven by when was tax paid through FORM GSTR-3B in respect of such supplies. If the tax on such supply was paid through FORM GSTR-3B between July 2017 to March 2018 then such supply shall be declared in Pt. II and if the tax was paid through FORM GSTR- 3B between April 2018 to March 2019 then such supply shall be declared in Pt. V of FORM GSTR-9.

  • e) Any additional outward supply which was not declared by the registered person in FORM GSTR-1 and FORM GSTR-3B shall be declared in Pt.II of the FORM GSTR-9. Such additional liability shall be computed in Pt.IV and the gap between the "tax payable" and "Paid through cash" column of FORM GSTR-9 shall be paid through FORM DRC-03.

  • f) Many taxpayers have reported a mismatch between auto-populated data and the actual entry in their books of accounts or returns. One common challenge reported by the taxpayer is in Table 4 of FORM GSTR-9 where details may have been missed in FORM GSTR-1 but the tax was already paid in FORM GSTR-3B and therefore taxpayers see a mismatch between auto-populated data and data in FORM GSTR-3B. It may be noted that auto-population is functionality provided to taxpayers for facilitation purposes, taxpayers shall report the data as per their books of account or returns filed during the financial year.

  • g) Many taxpayers have represented that Table 8 has no row to fill in the credit of IGST paid at the time of import of goods but availed in the return of April 2018 to March 2019. Due to this, there are apprehensions that credit which was availed between April 2018 to March 2019 but not reported in the annual return may lapse. For this particular entry, taxpayers are advised to fill in their entire credit availed on import of goods from July 2017 to March 2019 in Table 6(E) of FORM GSTR-9 itself.

  • h) Payments made through FORM DRC-03 for any supplies relating to period between July 2017 to March 2018 will not be accounted for in FORM GSTR-9 but shall be reported during reconciliation in FORM GSTR-9C.

Filing of Annual Return – Form GSTR 9 (Uploaded by GSTN)



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