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Learn About GSTR 9 & 9C Annual Return Filing Form Under GST

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By Arpit Kulshrestha
GSTR 9 & 9C Annual Return Filing Form
Every Registered taxpayer needs to file an annual return under GSTR 9. It is the consolidation of monthly and quarterly returns in the assessment year. GST Return GSTR 9 & GSTR 9C is filed at the end of every financial year.

As per Notification No. 15 dated 17th September, the GST Council has announced that taxpayers with an annual turnover of up to ₹2 crores are exempt from filing GSTR-9, and GSTR-9C is not required for FY 2024–25. For taxpayers with a turnover of more than ₹2 crores and up to ₹5 crores, filing GSTR-9 is mandatory, while GSTR-9C is optional. For those with a turnover above ₹5 crores, filing both GSTR-9 and GSTR-9C is mandatory.

This is filed by all those who are registered, barring a few exceptions, which are:
  • Taxpayers opting for the composition scheme
  • Casual Taxable persons
  • Non-Resident Taxable Person
  • Input Service Providers
  • Any person paying TDS under Section 51 of the CGST Act

Late Fees and Penalties for GSTR 9 and 9c:

The late fees for not giving the annual return by the due date are Rs 200/- per day after the due date. This implies that the person has to pay Rs 100/- under the CGST and Rs 100/- under the SGST Act as a penalty. However, the IGST has no late fees associated.

The due date for filing the GSTR-9 annual return for the financial year 2024–25 is 31st December 2025.

Details Required to be Filed in Form GSTR-9

The form for GSTR 9 is divided into 6 parts and 19 sections. The details of the firm need to be included in the Form GSTR 9.

Details of the Annual Sales, dividing it into bases of taxable or non-taxable disclosures. The ITC availed and the annual value of inward supply. Purchases as inputs, input services, and capital goods. The ineligible ITC needs to be reversed.

GST (Goods and Services Tax) Audit

By GST Audit, it is meant that the GST Registered person needs to maintain the appropriateness of tax paid, tax paid, ITC availed, turnover declared, refund claimed and other compliances that are to be taken care of.

The Audit Mechanism is mandated by the Government because the GST Return filing is done by the taxpayer to assess the tax liability, pay returns and file returns as well. Therefore, in order to measure the correctness of the tax paid or the return filed, the taxpayer needs to audit every year.

The GST Audit is based on turnover. If the registered taxpayer has an RS 2 crore in the financial year, they need to get their accounts audited by a Chartered Accountant or Cost Accountant. The Turnover is calculated based on the PAN. If the PAN for different offices in states has having turnover of more than Rs 2 crore, then every office corresponding to the state needs to make an audit separately. In case the company appoints different auditors for different states, in that case, there needs to be a joint auditor to report the compiled GST audit.

Also, taxpayers can file the GSTR 9C audit form via Gen GST software V2.0 in a hassle-free manner. The software gives an automated function that imports details from other sources.

The Documents That Are Required for Annual Return Filing Are:

  1. PAN-Based Audited Financial Statements
  2. GSTR-9 Annual Return
  3. GSTR-9C form having Certified Reconciliation Statements

Eligibility for Performing the GST Audit

An Audit can be performed only by a Chartered Accountant or a Cost Accountant. The facts that need to be considered while making the audit are:
  • An internal auditor cannot make a GST audit
  • Only a Chartered Accountant or a Cost Accountant can perform a GST Audit

Conducting GST Audit & Issue of GST Audit Report

GST Auditor Appointment 

The Board of Directors, proprietor, or partner must appoint a GST Auditor at the commencement of the financial year.

Accounts to Be Reviewed by GST Auditor

Important accounts following for review:
  • Sales register
  • Stock register
  • expenses ledgers and purchase register
  • Input tax credit availed and utilised
  • Output tax payable and paid
  • Generated e-Way bills in the audit period in compliance with rules.
  • IRN generated and e-Invoices on record
  • Communications record documents from the GST department for the year.

Forms for Annual Return and GST Audit

"Type of taxpayer" "Form to be Filed"
"Whether or not applicable to GST Audit"
"A Regular taxpayer filing GSTR 1 and GSTR 3B" "GSTR-9"
"A Taxpayer under Composition Scheme" "GSTR-9A"
"E-commerce operator" "GSTR-9B (Yet to come into effect)"
"Applicable for GST Audit"
"Taxpayers whose turnover exceeds Rs. 2 crore^ in FY" "GSTR-9C"

Comments Review  by GST Auditor

Report the Auditor of tax liability for payment pending by the taxpayer, through the identified reconciliation observations and exercise on the GST audit. Settle taxes of Taxpayers in auditor-recommended form DRC-03.

If you are looking for a GST software to file GSTR 9, look here. SAG Infotech developed Gen GST Software for GSTR 9 return filing, whom you to easily file all your GST return forms like 1, 3B, 4, 8, 9, 9C, etc.

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