Annual Return & Reconciliation Statement

The Institute of Chartered Accountants India
GST & Indirect Taxes Committee
Annual Return & Reconciliation Statement
(Form GSTR 9 & Form GSTR 9C)
CA Ganesh Prabhu Balakumar
B.Com, MFM, F.C.A, DISA (ICAI)

Applicability of Form GSTR 9 & 9C
 Form GSTR 9 - Filed by the Regular Taxpayers filing Form GSTR 3B & Form GSTR 1 during the FY 2018-19.
 Filing of Form GSTR 9 for FY 2017-18 & 2018-19 was made Optional if Aggregate Turnover is less than Rs.2 Crores. However, it is highly recommended to file Annual Return!!! [N No. 47/2019-CT dt. 09-10-2019]
 Form GSTR 9C - Filed by RP - Aggregate Turnover exceeds Rs. 5 Crores during the FY, in case of FY 2018-19. [Proviso to Rule 80(3) of CGSTR, 2017 vide N No. 16/2020-CT dt. 23-03-2020]
 All such TP are required to get their Accounts Audited and file a Copy of Audited Annual Accounts and Reconciliation Statement of tax already paid and tax payable as per audited accounts along with Form GSTR 9C.

Form GSTR 9 & 9C – Due Date & Late Fee
 Due date for filing Form GSTR - 9 for FY 2018-19 is on or before 31st December of the subsequent FY, however the extended Due Date for FY 2018-19 – 30th June 2020 [N No. 15/2020-CT dt. 23-032020]
 Late fee for not filing or delay in filing the Form GSTR 9 & Form GSTR 9C within the due date is Rs.200/- per day and to a maximum of an amount calculated at a 0.25% of the Taxpayer Turnover in the ST/UT.

Components of Forms GSTR-9
Part I •Basic Details (1-3) Part II •Outward Supply (4-5) Part III •Input Tax Credit (6-8)

Components of Forms GSTR-9
Part IV •Tax Paid (9) Part V •CFY – Reported SFY (10-14) Part VI •Refund, Demand & Others (15-18)

Form GSTR 9 – Part I – Basic Details
Normal Taxpayers
Supplier shall download “System Computed Summary” SCS for
verification and reference purpose while preparing Form GSTR 9

Form GSTR 9 – Table 4 - 9

Form GSTR 9 – Table 10 - 18

Form GSTR 9 – Table 19