GST Annual Return Filing 2022 new book on How to file GST return

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This book covers a comprehensive analysis of GSTR 9, 9A & 9C in the form of the following:

• Case Studies
• Advanced FAQs
• Step-by-step Guides, etc.

It also deals with issues relating to Anti-profiteering & policy mismatch in GST & Accounting Standards.

This book will be helpful for GST Professionals’ engagement in advisory, compliance, and litigation services.

The Present Publication is the 5th Edition and is updated till 2nd September 2022. It also incorporates the amendments made in the forms as updated by Notification No. 14/2022-CT (dated 5th July 2022), Press Releases, and Clarifications.

This book is authored by Vivek Laddha, Dr Shailendra Saxena & Pooja Patwari with the following noteworthy features:

• [40+ Case Studies] on GSTR 9
• [50+ Advanced FAQs & Practical Issues] for GSTR 9 and 9C
• [Ready Steps for Preparing GSTR 9 & 9C]
• [Walkthrough for Professionals] for GSTR 9 & 9C
• [Check List] for Outward & Inward Supply
• [Item-wise Cross Examination] of Financial Statements
• [Eligibility Issues] in Compilation Engagement for Professionals
• [Maintenance of Accounts & Records]
• [Compliance of Anti-Profiteering Clause]
• [Formats] for the following, in line with SA-4410 issued by the ICAI along with the applicable clauses of the Code of Ethics
  o  Acceptance Letter & Management Responsibility for Compilation Engagement
  o  Appointment Letter for Compilation Engagement and Compilation Report
• [Linking AS & Ind AS] with GST Provisions

The contents of the book are as follows:

• List of Governing Provisions
• Legal Consequences of wrong filing/non-filing of GSTR-9 & GSTR-9C
• Annual Return and Reconciliation Statement: Fortune Maker of Registered Person
• Case Study on Outward Supply in GSTR 9
• Case Study on Inward Supply in GSTR 9
• Opportunities for Professionals in compliance with Annual Return, Reconciliation and other areas of Indirect Taxes
• Eligibility issues for professionals
• Summon to Professionals and Duty in GST Laws
• Professional Fee: Annual Return and Reconciliation
• Walkthrough for Professionals to Perform GSTR 9/9A/9C
• Annual Accounts vs Annual Returns vs Reconciliation Statement
• Applicability of Annual Return and GSTR 9C (Year-wise comparison)
• Turnover: A Ticklish Sound in GST Regime
• Journal Entries under GST Environment
• Issues in Accounting w.r.t. GST
• Looking at Financial Statements for GST Annual Return and Reconciliation Statement
• Segments of Annual Return – GSTR 9 (Regular Scheme)
• Your Steps for Preparing GSTR 9
• Advanced FAQs on Annual Return
• Basics of Annual Return with Practical Issues
• Part I of GSTR 9: Basic Details
• Part II of GSTR 9: Details of outward and inward supplies declared during the financial year
• Part III of GSTR 9: Details of ITC for the financial year
• Part IV (Form 9): Details of tax paid as declared in returns filed during the financial year
• Part V: Particulars of the transactions for the financial year declared in returns of the next financial year till the specified period
• Part VI: Other Information
• Segments of Annual Return (Composition Scheme)
• GSTR-9A: Is it really applicable and basics of annual return (Composition) with practical issues
• Part I of GSTR-9A: Basic Details
• Part II of Form 9A: Details of outward and inward supplies declared in returns filed during the financial year
• Part III: Details of tax paid as declared in returns filed during the financial year
• Part IV: Particulars of the transactions for the previous FY declared in returns of April to September of current FY or up to the date of filing of annual return of previous FY, whichever is earlier
• Point V: Other Information
• Segments of Form GSTR-9C
• Your steps for preparing GSTR-9C
• Basics of Reconciliation Statement with practical issues
• Part I of Reconciliation Statement: Basic Details
• Part II of Reconciliation Statement: Reconciliation of turnover declared in audited Annual Financial Statement with turnover declared in Annual Return (GSTR-9)
• Part III: Reconciliation of tax paid
• Part IV: Input Tax Credit (ITC)
• Part V: Additional liability due to non-reconciliation
• Accounts and Records
• Compliance with Anti-Profiteering Clause

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GST Annual Return : Complete Guide

Here is the detailed Analysis of GST Annual Return .GSTR 9, GSTR 9A, GSTR 9B ,GSTR 9C

Video Tutorial by CA Satbir Singh explaining GST Annual Return

Note : Now the Govt has Notified the Format of GSTR 9 , 9A and GSTR 9C

Late Fees of GSTR 9 & GSTR 9C

CBIC clarification on Annual Return (GSTR-9)and Reconciliation Statement (GSTR 9C) for FY 2018-19

GSTR 9, GSTR 9A and GSTR 9C Date Extended to Nov 2019 : Order No. 7/2019 Central Tax

GSTR 9 Annual Return Clarifications and FAQs

CBIC Clarification on Annual Returns and Reconciliation Statement on 3rd july 2019

GST Annual Return Date Extended : Bad News 

GSTR 9 issues Clarified by GSTN on 14.06.2019

Penalty for GST Annual Return Late Filing

Clarifications on filing of Annual Return (FORM GSTR-9) by CBIC

GSTR 9 Offline Utility for GST Annual Return filing [Video]

GSTR-9 Offline Tool : Download

Example of unreconciled differences to be reported in GSTR 9C (Sl. No.8 )

GSTR 9C issues clarified by GSTN on 14.06.2019

GSTR 9C Reconciliation Statement Filing on GST Portal by GSTN : GST Audit

How to file GSTR 9C online (GST Audit Reconciliation Statement )

How to file GSTR 9 Online on GST Portal

How to file GSTR 9A online on GST Portal

GSTR 9 Annual Return Filing by GSTN in Hindi

GSTR 9A Annual return filing in Hindi by GSTN

Who has to fill HSN Wise Summary in GSTR 9

GST Annual Return GSTR 9 : Free Video Tutorials

New Changes in GST Annual Returns for FY 2017-18

Quick filing Guide of Annual Return GSTR 9 under GST Act

GSTR 9 of Annual Return format Notified : Download /Print

GSTR 9A of Annual Return format for Composition taxpayer Notified : Download /Print

GSTR-9C Notified on 13.09.2018 : Download for Audit Report and Reconciliation Statement under GST :

Why GST Annual Return date Should not be extended

Why to file GST Annual Return (GSTR 9) before GST audit (GSTR 9C)

Judgments on GST Annual Return

Notice issued to Govt on Unsuccessful upload of Annual GST Return : HC

Who is required to file GST Annual return

Every registered person, other than an Input Service Distributor, a person paying tax under section 51 of CGST Act 2017  or section 52  of CGST Act 2017, a casual taxable person and a non-resident taxable person, shall furnish an annual return for every financial year electronically in such form and manner as may be prescribed on or before the thirty-first day of December following the end of such financial year – section 44(1) of CGST Act.

Comment :

• • The return is to be filed by registered person under GST who are supplying goods or services or both.

• • Thus, even taxable person paying tax under composition scheme is required to file Annual Return under section 44 of CGST Act.

•  Persons have to file Nil return if they are not paying GST, long as they are registered under GST.

Who is not required to file GST Annual return

The Annual return is not required to be filed by

• Input Service Distributor,
• person paying TDS under section 51 of CGST Act 2017
• e-commerce operator paying TCS under section 52  of CGST Act 2017
• casual taxable person and a
• non-resident taxable person.

[ Refer section 44(1) of CGST Act. ]

Every e-commerce operator required to collect tax at source under section 52 of CGST Act shall furnish annual statement in form GSTR-9B – Rule 80(2) of CGST and SGST Rules, 2017.

Time to file Annual return under GST

Annual return has to be filed by 31st December following the close of financial year as per  section 44(1) of CGST Act.

GST Annual Returns and Audit Date Extended for FY 2017-18 to 30.06.2019 : 31st GST Council Meeting on 22.12.2018

Late Fees if Annual return under GST is not filed within time

Late fees to be paid is Rs 100 per day subject to Maximum of 0.25% of Turnover in the State or Union territory. Refer Section 47(2) of CGST Act 2017 which says

Any registered person who fails to furnish the return required under section 44 by the due date shall be liable to pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent of his turnover in the State or Union territory.

Comment : Late fees is Rs 100 per day under CGST subject to Maximum of 0.25% of Turnover in the State or Union territory under CGST  and Rs 100 per day under SGST subject to Maximum of 0.25% of Turnover in the State or Union territory under   SGST.

Format and procedure for filing GST Annual return

Annual return in form GSTR-9 

An annual return as specified under section 44(1) of CGST Act will be filed electronically in form GSTR-9 through the Common Portal either directly or through a Facilitation Centre. – rule 80(1) of CGST and SGST Rules, 2017.

Comment : This annual return is for Regular Taxpayers.

GSTR 9 of Annual Return format Notified : Download /Print (in Excel/PDF )

Refer Analysis of GST Annual Returns : GSTR 9A : by ICAI Indirect Tax Committee

[ REFER  OLD GSTR 9  Annual return is formats approved by GST Council . refer   GST Return Rules approved by GST Council on 03.06.2017  ]

Annual return in form  GSTR-9A

A person paying tax under section 10 of CGST Act (composition scheme) shall furnish the annual return in form GSTR-9A – proviso to rule 80(1) of CGST and SGST Rules, 2017.

GSTR 9A of Annual Return format Notified : Download /Print (in Excel/Pdf)

Analysis of GST Annual Returns : GSTR 9 : by ICAI Indirect Tax Committee

[ Note refer old GSTR 9A Simplified annual return for compounding taxable persons is the formats approved by GST Council . refer  Final GST Return Rules approved by GST Council on 03.06.2017  ]

Annual return in form  GSTR-9B

Every e-commerce operator required to collect tax at source under section 52 of CGST Act shall furnish annual statement in form GSTR-9B – Rule 80(2) of CGST and SGST Rules, 2017.

[ Note ,As on date(27.05.2018)  the Govt has not yet released the format of GSTR 9B  ]

Annual return in form  GSTR-9C

Audit report in form GSTR-9C if aggregate turnover exceeds Rs two crores

Every registered person who is required to get his accounts audited in accordance with the provisions of section 35(5) of CGST Act shall furnish, electronically, the annual return under section 44(1) along with a copy of the audited annual accounts and a reconciliation statement, reconciling the value of supplies declared in the return furnished for the financial year with the audited annual financial statement, and such other particulars as may be prescribed – section 44(2) of CGST Act.

Every registered person whose aggregate turnover during a financial year exceeds two crore rupees shall get his accounts audited as specified under sub-section 35(5) of CGST Act and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in form GSTR-9C, electronically – Rule 80(3) of CGST and SGST Rules, 2017.

GSTR-9C Notified on 13.09.2018 : Download for Audit Report and Reconciliation Statement under GST :

49 FAQ’s on GSTR 9C ( GST Audit Reconciliation Statement ) by ICAI Indirect Tax Committee

[ Note  GSTR 9B  Audit Report certified by a………….  was the old formats approved by GST Council . refer  Final GST Return Rules approved by GST Council on 03.06.2017  ]

Guidance note on GST Annual Return

Technical Guide on GST Annual Return & GST Audit by ICAI : Download /Print

Guidance note on GST Annual Return : by Institute of Cost Accountant of India :

Checklist for filing GST Annual Return

Annual GST return require additional details from taxpayers 

Rectifications in GST Annual return

Refer Mistakes in GST monthly Return Can’t be rectified in GST Annual return

If GST Annual return is not Filed

Notice to return defaulters will be issued as per Section 46 of CGST Act 2017. Which says

 Where a registered person fails to furnish a return under section 39 or section 44 or section 45, a notice shall be issued requiring him to furnish such return within fifteen days in such form and manner as may be prescribed.

Section 62 of CGST Act 2017 : Assessment of non-filers of returns 

62. (1) Notwithstanding anything to the contrary contained in section 73 or section 74, where a registered person fails to furnish the return under section 39 or section 45, even after the service of a notice under section 46, the proper officer may proceed to assess the tax liability of the said person to the best of his judgment taking into account all the relevant material which is available or which he has gathered and issue an assessment order within a period of five years from the date specified under section 44 for furnishing of the annual return for the financial year to which the tax not paid relates.

(2) Where the registered person furnishes a valid return within thirty days of the service of the assessment order under sub-section (1), the said assessment order shall be deemed to have been withdrawn but the liability for payment of interest under sub-section (1) of section 50 or for payment of late fee under section 47 shall continue.

How to file GST Annual Return on GST Portal

How to file GSTR 9A on GST Portal : FAQs and User Manual

How to file GSTR 9 on GST Portal : FAQs and User Manual

GST Annual Return FAQs

Whether GST Annual Return has to be filed GSTIN wise  ? Click here 

Mistakes in GST monthly Return Can’t be rectified in GST Annual return

53 FAQs on GST Annual Return by ICAI Indirect Tax Committee

49 FAQ’s on GSTR 9C ( GST Audit Reconciliation Statement ) by ICAI Indirect Tax Committee

Video Lectures on GST Annual Return

GST Annual Return GSTR 9 : Free Video Tutorials

Annual Return under GST

Refer  GST Returns : Free study Material

For more details visit http://www.cbic.gov.in/ You can bookmark this page. we will update it with following topics.

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