• Regular Taxpayers: Individuals and businesses registered under the regular GST scheme.
• SEZ Units/Developers: Entities operating within Special Economic Zones.
• Transitioned Taxpayers: Those who migrated from the Composition Scheme to regular registration during the year.

Who is Exempt from GSTR-9 Filing?

• Taxpayers under the Composition Scheme (must file GSTR-9A instead).
• Casual and Non-resident taxable persons.
• Input Service Distributors (ISD).
• OIDAR service providers.

Types of GST Annual Returns

• GSTR-9: Standard return for regular taxpayers.
• GSTR-9A: Applicable to taxpayers under the composition scheme.
• GSTR-9C: Reconciliation statement for taxpayers requiring an audit (turnover exceeding ₹5 crore).

GSTR-9C and GST Audit

GSTR-9C is a reconciliation statement matching GSTR-9 data with audited financials. This form must be certified by a Chartered Accountant or Cost Accountant for businesses exceeding the audit threshold.

Turnover Limit for GSTR-9

Filing GSTR-9 is mandatory for businesses with annual turnover exceeding ₹2 crore. For businesses below this limit, the return is optional but recommended for transparency and compliance.

GSTR-9 Due Date

The deadline to file GSTR-9 is typically 31st December of the subsequent financial year. This date may be extended by government notifications.

GSTR-9 Format Overview

The return is divided into six parts:

• Part 1: Basic taxpayer information.
• Part 2: Outward supplies and inward supplies on which tax is payable.
• Part 3: Input Tax Credit (ITC) details.
• Part 4: Tax paid during the year.
• Part 5: Transactions related to the previous financial year declared late.
• Part 6: Miscellaneous information including HSN summary, demands, refunds, and late fees.

Required Documents for GSTR-9 Filing

• Monthly GST returns (GSTR-1, GSTR-3B, GSTR-2A).
• Annual financial statements (P&L and balance sheet).
• Reconciliation statement (GSTR-9C), if applicable.

Eligibility Criteria for GSTR-9C

Taxpayers with turnover exceeding the audit threshold must file GSTR-9C, prepared and certified by a qualified professional.

Steps to File GSTR-9

1. Login to the GST portal.
2. Select the relevant financial year under ‘Annual Returns.’
3. Choose whether to file a Nil return.
4. Fill in the required details across various parts of the form.
5. Save the draft and review the summary.
6. Compute any liabilities and pay applicable late fees, if any.
7. Submit using DSC or EVC authentication.

Late Fees for GSTR-9 Filing

Late submission of GSTR-9 attracts a penalty of ₹200 per day (₹100 CGST + ₹100 SGST), capped at 0.25% of the taxpayer’s turnover in the respective State/UT.

Auto-Populated Sections in GSTR-9

• Table 6A: Auto-filled from GSTR-3B (not editable).
• Table 8A: Auto-filled from GSTR-2A (not editable).
• Table 9: Contains auto-calculated tax details from GSTR-3B.

Filing GSTR-9 ensures your business stays GST compliant, provides a clear record of annual tax activity, and avoids potential penalties. It’s recommended to keep all records organized and accurate throughout the financial year to simplify this annual filing requirement.

Why Choose Hiva Professionals?

At Hiva, we specialize in simplifying GST compliance for businesses of all sizes. Here’s why clients trust us with their GSTR-9 filings:

• Experienced Tax Experts: Our team includes skilled professionals with extensive knowledge of GST rules and regulations.
• Accurate Filings: We ensure your returns are complete, error-free, and filed on time to avoid penalties.
• Tailored Support: Get personalized guidance based on your business model and turnover.
• Seamless Process: From document collection to final submission, we handle everything efficiently.
• Affordable Pricing: Professional service at a price that suits your budget.