{"id":535,"date":"2023-11-29T11:53:37","date_gmt":"2023-11-29T11:53:37","guid":{"rendered":"https:\/\/komplytek.com\/blogs\/?p=535"},"modified":"2023-11-29T11:53:37","modified_gmt":"2023-11-29T11:53:37","slug":"filing-of-gstr-9-and-the-consequences-of-non-filing","status":"publish","type":"post","link":"https:\/\/komplytek.com\/blogs\/filing-of-gstr-9-and-the-consequences-of-non-filing\/","title":{"rendered":"Filing of GSTR-9 and the Consequences of Non-Filing"},"content":{"rendered":"

GSTR-9 is an annual return form that is required to be filed by regular taxpayers registered under the Goods and Services Tax (GST) regime in India. This return provides a comprehensive summary of all the monthly or quarterly returns filed during the entire financial year.<\/p>\n

There are different forms of GSTR-9 based on the type of taxpayer. The main form is GSTR-9, but there are also other variations like GSTR-9A for composition scheme dealers and GSTR-9C for taxpayers whose annual turnover exceeds a specified limit, requiring them to get their accounts audited.<\/p>\n

GSTR-9 requires reconciliation with the audited annual financial statements of the taxpayer. This ensures consistency between the financial records and the GST returns filed.<\/p>\n

Criteria for filing GSTR-9 forms<\/strong><\/p>\n

GSTR-9: \u2013 Every person registered under the regular GST scheme is required to file GSTR-9 if \u00a0their turnover exceeds INR 2 Crores.<\/p>\n

GSTR-9A: \u2013 Every person registered under the composition scheme is required to file form GSTR-9A for each financial year.<\/p>\n

GSTR-9C: \u2013 Every GST registered person whose turnover exceeds INR 5 crores in a particular\u00a0financial year.<\/p>\n

The due date for filing the GSTR-9 forms<\/strong>: \u2013 31st December of the succeeding financial year or as\u00a0extended by government notification from time to time.<\/p>\n

Filing of Nil GSTR-9:<\/strong> \u2013 <\/strong>A person is required to file NIL GSTR-9, If<\/p>\n