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GST Annual Return

GST Annual Return Filing
Comprehensive Annual GST Compliance

Ensure complete GST compliance with our professional annual return filing services. Our experts handle all forms of GST annual returns including GSTR-9, GSTR-9A, GSTR-9B, and GSTR-9C with accuracy and timeliness.

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GST Annual Return

GST Annual Returns Overview

GST Annual Return is a comprehensive compilation return that consolidates all business transactions for a particular financial year. It includes information from monthly/quarterly returns filed during that financial year. All GST registrants who held registration anytime during a financial year must file annual returns, irrespective of business activity, sales, or profitability.

Return Types

Types of GST Annual Returns

Different types of annual returns based on taxpayer category and business nature

GSTR-9 (Regular Taxpayers)

Annual return for all regular taxpayers who file GSTR-3B and GSTR-1

Applicability: All regular GST registrants

  • 6 parts with 19 tables covering complete business data
  • Mandatory for taxpayers with turnover above ₹2 crore
  • Optional for taxpayers with turnover below ₹2 crore
  • Requires all GSTR-1 and GSTR-3B to be filed first
GSTR-9A (Composition Taxpayers)

Annual return for taxpayers under composition scheme

Applicability: Composition scheme taxpayers

  • 5 parts with 17 tables for composition dealers
  • Made optional for recent financial years
  • Simplified format for composition taxpayers
  • Not required from FY 2019-20 due to Annual GSTR-4
GSTR-9B (E-commerce Operators)

Annual return for e-commerce operators collecting TCS

Applicability: E-commerce operators under Section 52

  • Specific format for e-commerce operators
  • Required for TCS collection under Section 52
  • Filed by operators who file GSTR-8 regularly
  • Covers all e-commerce transactions and TCS details
GSTR-9C (Reconciliation Statement)

Reconciliation statement for taxpayers with turnover above ₹5 crore

Applicability: Taxpayers with annual turnover > ₹5 crore

  • 5 parts with 17 tables for reconciliation
  • Reconciles audited financial statements with GST returns
  • Self-certified by registered taxpayer
  • Threshold increased from ₹2 crore to ₹5 crore
Eligibility

Who Must File GST Annual Return

Understanding the eligibility criteria and exemptions for GST annual return filing

Who Must File

Every registered person under GST must file annual return

  • All regular taxpayers with GST registration
  • Composition scheme taxpayers (GSTR-9A)
  • E-commerce operators (GSTR-9B)
  • Taxpayers with turnover above ₹5 crore (GSTR-9C)
Who is Exempt

Following categories are exempt from filing annual return

  • Input Service Distributors (ISD)
  • TDS deductors under Section 51
  • TCS collectors under Section 52
  • Casual taxable persons
  • Non-residential taxable persons
Due Dates & Penalties

Due Dates and Late Fee Structure

Important dates and penalty structure for GST annual return filing

Due Date

31st December of the next financial year

  • Annual return for FY 2022-23 due by 31st December 2023
  • Previous years had extended due dates
  • Filing must be completed before midnight on due date
  • Extensions may be granted by government notifications
Late Fee Structure

Penalties for delayed filing vary by turnover

  • ₹200 per day (₹100 CGST + ₹100 SGST) for delay
  • Maximum 0.50% of annual turnover
  • Reduced penalties for smaller taxpayers
  • Up to ₹25/day for turnover ≤ ₹5 crore
  • Up to ₹50/day for turnover ₹5-20 crore
GSTR-9 Structure

Structure of GSTR-9 (Regular Taxpayers)

Detailed breakdown of GSTR-9 form containing 6 parts with 19 tables

Part ITables 1-3B
Basic Details

Financial year, GSTIN, legal name, and trade name

Part IITables 4-5
Outward & Inward Supplies

Details of advances and supplies during the financial year

Part IIITables 6-8
Input Tax Credit Details

ITC availed, reversed, and other ITC information

Part IVTable 9
Tax Paid Details

Tax paid as declared in returns filed during FY

Part VTables 10-11
Next FY Transactions

Transactions declared in returns of next FY

Part VITables 12-19
Other Information

ITC reversals, demands, refunds, HSN summary, late fees

GSTR-9C Structure

Structure of GSTR-9C (Reconciliation Statement)

Detailed breakdown of GSTR-9C reconciliation statement with 5 parts and 17 tables

Part ITables 1-4
Basic Details

Financial year, GSTIN, legal name, and audit liability

Part IITables 5-8
Turnover Reconciliation

Reconciliation of turnover from audited statements with GSTR-9

Part IIITables 9-11
Tax Paid Reconciliation

Reconciliation of tax liability and payments

Part IVTables 12-16
ITC Reconciliation

Reconciliation of Input Tax Credit with books of accounts

Part VTable 17
Additional Liability

Additional liability due to non-reconciliation

Frequently Asked Questions

Frequently Asked Questions

Get answers to common questions about GST annual return filing

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Ensure timely and accurate GST annual return filing with our expert services. Our GST professionals handle all types of annual returns including GSTR-9, GSTR-9A, GSTR-9B, and GSTR-9C.