- GSTR 9 is an initial payment that enrolled GST holders must submit once a year.
- It includes information on goods produced and obtained under various taxation tops during the year
- e.g. CGST, SGST, and IGST, respectively. The data provided in the monthly or weekly reports are consolidated over the year.
Persons are not required to file GSTR 9
- Casual Taxable Person
- Input service distributors
- Non-resident taxable persons
- Persons paying TDS under section 51 of the GST Act.
Forms covered under GSTR-9
GSTR -9 – Taxable assessee who are filing GSTR-1, GSTR-2, and GSTR-3
GSTR -9 A – By composition registered dealers
GSTR -9 A – E-commerce operators who have filed GSTR-8
GSTR -9 A – Taxpayers whose annual turnover exceeds INR 2 crores during the financial year.
Forms covered under GSTR-9
- GSTR 9 shall be filed for the following financial year on or before 31 December.
- For FY 2017-18, as at the 31st Council of GST Council on 22 December 2018 *, the approved day for requesting GSTR 9 is 30 June 2019.
Penalty for Non-filing of GSTR 9
- The full penalty is Rs 200 per day of consideration, up to an estimated sum of 0.25% on the government or federal land, based on a late payment for GSTR 9 after the prior dates under Rs 100 under the CGST & 100 under the SGST. No early IGST payment is available.
- Tax is paid at an annual level of 18 percent. The quantity of tax to be charged will be calculated by the taxpayer.
