Skip to Content

Annual Return

7 July 2025 by
Annual Return
Team Nexgen VIRTUAL CA
| No comments yet

What is Form GSTR-9?

Form GSTR-9 is the Annual GST Return that every registered taxpayer (except a few categories) must file. It summarizes all the sales, purchases, tax paid, and input tax credit claimed during the financial year.

 

Who has to file Form GSTR-9?

Most registered businesses under GST need to file it. However, the following are not required to file GSTR-9:

·       Input Service Distributors (ISD)

·       Non-resident taxpayers

·       Casual taxable persons

·       TDS Deductors

·       TCS Collectors

·       Foreign service providers under OIDAR

 

Is anyone exempt from filing GSTR-9 based on turnover?

Yes. Businesses with an annual turnover of up to ₹2 Crores are exempt from filing GSTR-9 for the following years:

·       FY 2017-18 to 2023-24

But even if exempt, you can still file it voluntarily.

 

What is the due date for filing GSTR-9?

The due date is 31st December following the end of the financial year.

Example: For FY 2023-24, the due date is 31st December 2024.

 

Can I revise or correct GSTR-9 once it is filed?

No. GSTR-9 cannot be revised once filed. So, make sure your data is accurate before submission.

 

What happens if I find a tax shortfall while filing GSTR-9?

You can voluntarily pay any additional tax via Form DRC-03 while filing GSTR-9.

 

What if I was registered only for part of the financial year?

You still need to file GSTR-9 for that part of the year you were registered, even if your registration was later cancelled.

 

Do I file GSTR-9 based on PAN or GSTIN?

GSTR-9 is filed GSTIN-wise, not PAN-wise. So if your business has multiple GST registrations (e.g., in different states), you must file separate GSTR-9 forms for each GSTIN.

 

Can I file GSTR-9 if I haven't filed all monthly/quarterly returns?

No. You must file all GSTR-1 and GSTR-3B returns for the year before filing GSTR-9.

 

Is there a late fee for filing GSTR-9 after the due date?

Yes. The standard late fee is:

  • ₹100 per day under CGST
  • ₹100 per day under SGST
    (Max: 0.5% of turnover in the State/UT)

From FY 2022-23, the government has reduced or capped the late fee based on turnover. For example:

  • Turnover ≤ ₹5 Cr: ₹50/day (max 0.04%)
  • Turnover ₹5–20 Cr: ₹100/day (max 0.04%)
  • Turnover > ₹20 Cr: ₹200/day (max 0.5%)

 

What happens if I don’t file GSTR-9?

You may get a notice (Form GSTR-3A) and legal action may follow, including penalty or demand notice.

 

Can I file GSTR-9 online or offline?

Yes. You can:

  • File it online at gst.gov.in
  • Or use the offline utility (Excel-based tool) available on the GST portal.

in GST
Share this post
Tags
Sign in to leave a comment