GSTR 9 due Date Annual Return For FY 2022-2023

GSTR-9 Overview:

1. What is GSTR-9?

   – GSTR-9 is an annual return to be filed by registered taxpayers under the Goods and Services Tax (GST) regime in India. It consolidates the details of all the monthly/quarterly returns filed during the financial year.

2. Who Should File GSTR-9?

   – All regular taxpayers registered under GST are required to file GSTR-9. This includes businesses with a turnover exceeding the specified threshold limit.


3. Types of GSTR-9:

      – GSTR-9 is divided into different types:

      – GSTR-9: Annual return for regular taxpayers.

      – GSTR-9A: Annual return for composition taxpayers.

Components of GSTR-9:

1. Part I - Basic Details:

– This section includes basic information about the taxpayer, such as name, address, and GSTIN.

2. Part II - Details of Outward and Inward Supplies:

   – This part covers the details of outward and inward supplies made or received during the financial year.

3. Part III - ITC (Input Tax Credit):

– It includes details of input tax credit availed and utilized during the financial year.

4. Part IV - Tax Paid:

   – This section provides a summary of the taxes paid under various heads like CGST, SGST, IGST, and Cess.

5. Part V - Particulars of Demands and Refunds:

– Any demands raised or refunds claimed during the financial year are detailed in this part.

6. Part VI - Other Information:

– Additional information related to the financial year, including details of amendments, supplies received from composition taxpayers, and HSN (Harmonized System of Nomenclature) summary.

7. Part VII - Verification:

   – The taxpayer needs to declare the correctness of the information provided in GSTR-9.

Filing GSTR-9:

1. Due Date:

   – GSTR-9 is usually due by a specified date on 31 december .

2. Mode of Filing:

   – It can be filed online on the GST portal. The taxpayer needs to log in, select the GSTR-9 form, fill in the details, and submit the return.


3. Late Fees:

   – Late fees are applicable for delayed filing of GSTR-9. It’s important to file the return within the prescribed due date to avoid penalties.

4. Reconciliation with Books of Accounts:

   – Taxpayers should reconcile the data in GSTR-9 with their books of accounts to ensure accuracy.

5. Audited Accounts:

   – In certain cases, taxpayers with a turnover above a specified limit need to get their accounts audited, and the audited financial statements are required to be filed along with GSTR-9.

Please note that GST laws and forms may undergo changes, so it’s advisable to refer to the latest guidelines and notifications issued by the GST authorities. If you have specific questions or need more details on a particular aspect of GSTR-9, feel free to ask!