How many subcategories are there under GSTR 9?

There are four sub-categories under GSTR-9. Namely,GSTR-9, GSTR-9A, GSTR-9B, GSTR-9C.

What is the penalty for not filing GST annual returns?

As per Section 47(2) of the Central Goods and Service Tax Act (2017), a person will be fined a penalty of INR 100 per day (CGST) + INR 100 per day (SGST), amounting to a total of INR 200 per day if he/she fails to file GSTR-9 before the due date. However, the maximum amount of penalty a person can be fined is 0.25% of the total turnover.

When is the GST annual return due date?

According to the latest update, the due date is further extended by CBIC via GST Notification 04/2021 | CBIC extends the GSTR 9 last date & 9C for FY 2019-20 to 31st March 2021

If the taxpayer opts for the composition scheme is she /he required to file GSTR 9?

Every taxpayer who has opted out of the composition scheme during the financial year is required to furnish GSTR 9 for the period for which he has been a regular taxpayer

Is it possible to file GSTR 9 online?

No, as of now, annual returns in form GSTR 9 can only be filed online. However, the government will soon release the offline method to file form GSTR 9.

Is there any late fee if there is a delay in filing GSTR9?

Yes, a delay in filing GSTR-9 beyond the due date will attract a late fee as a penalty.

Is it possible to revise GSTR 9?

No, the returns field in GSTR-9 cannot be revised by the taxpayer after they have been filed.

Who is eligible to file GST annual returns?

All the registered GST taxpayers are required to file GSTR 9 once a year. In the recent past, the intrastate suppliers and the business and the service sector businesses that have an annual turnover of Rs 20 lakh and goods sector with an annual turnover of Rs.40 lakh need to file GST annual returns.

Who should get the GST audit done?

All the registered GST taxpayers whose turnover during a given financial year is exceeding the prescribed GST annual return limit should get the accounts audited. According to the current GST rules, the limit is Rs.2 crores.

Has the GST filing deadline been extended?

The government has extended the deadline for the taxpayer under the GST through Central Tax Notification Nos 10/2021,11/2021,12/2021, 13/2021, 14/2021 all dated 1st May 2021.

Who can file GSTR 9 & GSTR 9C?

GSTR annual return is filed by every GST registered taxpayer irrespective of the turnover. GSTR 9C is a reconciliation statement that is to be submitted by the GST registered taxpayer for whom audit is applicable.

Gst Annual Return In Uttar Pradesh

GSTR 9 is the GST annual return in Uttar pradesh that is to be done once a year by the regular taxpayers which also includes the SEZ units and the SEZ developers. The taxpayers are then required t furnish all the purchase details, the sales, input tax credit or the claimed refund, or the created demand in this return.

Who has to file the GST annual returns in Gst Annual Return In Uttar Pradesh

GSTR 9 Form is filed by every person who is a registered taxpayer, SEZ units, or SEZ developers and the taxpayers who have switched from the composition scheme to the normal tax any time during the financial year has to file the GST annual return in Uttar pradesh.

Composition scheme taxpayers can file the GST annual returns in Uttar pradesh in Form GSTR 9A.

Also, the casual taxpayers the non-resident taxpayers, OIDAR service providers are not required to file the GST annual returns in Uttar pradesh.

What is the prerequisite for filing GST annual returns in Uttar pradesh?

Before the GST annual return filing in Uttar pradesh:

The taxpayer is required to have an active GSTIN during the relevant year as a normal taxpayer.

The taxpayer is required to file all the returns that apply to the GSTR 1 and the Form GSTR 3B for the financial year that is relevant before the GST annual returns filings.

What details are required to be furnished in the GSTR 9 form?

Form GSTR 9 is broadly divided into 6 parts and 19 sections. In this, each part asks for the details that are available readily from the returns that are filed previously and the books of accounts.

GST annual returns in Uttar pradesh is the disclose of annual sales by bifurcating in two categories one of which is subjected to tax and not subjected to tax.

The details of the annual value of the inward supplies and the input tax credit that is availed need to be mentioned.

Further, all the purchases need to be classified as inputs, input services, and capital goods. The details of the Input tax credit that is to be reversed due to the ineligibility also need to be mentioned.

Penalty and fees

In case if the GST annual returns in Uttar pradesh are not filed within the stated time then there is a penalty of Rs.100 per day according to the Act. There is a late fee of Rs.100 under CGST and Rs. 100 under SGST.

The total liability Is Rs. 200 per day on the default. There is no late fee on the IGST yet.