Annual Return of GST

annual return of GST
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Annual Return of GST

An annual return is to be furnished once a year by all the registered taxpayers under GST. It is a consolidated return requiring the information of SGST, CGST and IGST paid and the monthly & quarterly returns furnished during the year. A taxpayer will be able to file the annual return on the GST portal only if all the returns (GSTR-3B/ GSTR -1) pertaining to the previous year are filed.

What are the types of annual returns?

The following are the types of annual return under GST

GSTR -9 is to be filed by normal taxpayers 

  • who have filed GSRT-3B & GSTR -1

GSTR -9A is to be filed by composition scheme taxpayers 

  • who have filed Form CMP-08 & GSTR -4

GSTR – 9B  is to be filed by e-commerce operators 

  • who have filed GSTR -8

(Note:  Provisions of section 52 applicable to e-commerce operators were made effective from 01st Oct 2018 only, so for the financial year 2017-18, the requirement of  Annual Return(GSTR-9B) is not applicable.)

GSTR – 9C is to be filed by the taxpayers whose annual turnover exceeds Rs  5 crores during the financial year. 

  • who need to get their accounts audited (t/o exceeds 5cr). This is an additional return(reconciliation statement) that is to be filed.

Which taxpayers are required to file the Annual Return/GSTR -9?

All the registered taxpayers under the GST regime are required to file the annual return except for the following:-

  • A casual taxable person who occasionally supplies taxable goods or services in a taxable territory where the taxpayer does not have a fixed place of business.
  • Input service distributor is an office of the supplier who receives tax invoices for receipt of input services & also issues a document that distributes ITC paid on such services to a supplier who has the same PAN as the Input service distributor office.
  • Non-resident taxable persons are persons residing outside India but supplying taxable goods or services in India.
  • Persons who deduct tax u/s 51 of the GST Act. ( Central Govt. , State Govt. , Local Authority, Govt. Agencies etc.)

What is the due date of the Annual Return?

As per provisions of GST Act, due date for FY 2020-21 will be 31st December 2021

Latest update on due date for FY 2019-20

Latest update on due date for FY 2018-19 extended

latest update on due date for FY 2017-18 extended

Is there a provision to revise the Annual Return?

No, there is no provision to revise the annual return once it is filed.

Is it mandatory for all the taxpayers filing the annual return to get accounts audited?

No, it is only mandatory for those registered taxpayers whose annual aggregate turnover (on PAN India Basis) exceeds  Rs. two crores during a financial year. For such taxpayers, accounts can be audited by either a practicing Chartered Accountant or a Cost Accountant. And the same also needs to be filed along with the annual return.

What is the Penalty/Late fees for the late filing of Annual Return?

The penalty/late fees for not filing of the annual return within the due date is Rs. 200 per day (i.e Rs 100 under CGST & 100 under SGST) which can be a maximum up to 0.50% of turnover in the State or Union Territory.



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About CA Ankita Khetan 164 Articles
Ankita is a Chartered Accountant in practice and holds a Diploma in IFRS (from ACCA, UK). She is also a Commerce PG and Certified Independent Director (from IICA). She holds a certification in Forex and Treasury Management. Her area of expertise is GST and Income tax. She is passionate about reading, writing, and sharing knowledge on areas related to finance and taxation.

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