Who is eligible for Gstr 9A?
In order to file the GSTR9A, you must fulfill the following criteria: * You must be a registered business owner who is a composition dealer. * The aggregate turnover of your business must be less than Rs. 75 lakhs per annum, and less than Rs. 50 lakhs per annum if you are based in the North-Eastern states.30-Jul-2021
Different types of Annual Returns under GSTR 9 Form GSTR 9 : To be filed by theregular taxpayers filing GSTR 1, GSTR 2, GSTR 3, GSTR 3B during the financial year. GSTR 9A : To be filed by Composition Scheme Taxable persons. GSTR 9B : To be filed by Electronic Commerce Operator.23-Nov-2018
Where is 9A in GST?
Login to GST Portal and go to the 'Services' Tab, click on 'Returns' and then click 'Annual Return'. Select the 'Financial Year' on the 'File Annual Returns' page. An important message will pop up detailing the steps to be performed for the Online/Offline filing of GSTR-9A.06-Jul-2021
GSTR 4 is a return under GST that needs to be filed once every 3 months by registered tax payers who have signed up for the composition scheme (those who opt for this scheme are known as compounding vendors). But GSTR 9 is an Annual Return. But GSTR 4 has to be filed on 18th of the month succeeding the quarter.
Is Gstr-9A compulsory?
The Form GSTR-9A has been disabled from FY 2019-20 onwards for composition taxpayers due to the introduction of GSTR-4 (Annual return). However, the GSTR-9A is optional and can be filed for FY 2017-18 and FY 2018-19.28-Jul-2021
The GSTR-9 form is an annual return that has to be filed by all registered taxable persons under GST. The GSTR-9C is the GST reconciliation Statement for a particular FY on or before 31st December. The reconciliation must also be certified by a CA for the companies having a turnover of more than 5 crores.16-Mar-2022
Is Gstr-9 and 9C mandatory?
Form GSTR-9C is required to be filed by every registered person whose aggregate turnover is above a certain threshold during the financial year, as notified by way of Notifications issued by Government of India from time to time.
Taxpayers whose aggregate turnover in a financial year exceeds Rs 2 Crores need to file GSTR-9C. The GSTR-9C must be digitally signed by the GST Auditor and must report all discrepancies or liabilities in filing any of the GST returns during the financial year.30-Jun-2022
Who is eligible for Gstr-9 and 9C?
Taxpayers with a turnover exceeding Rs. 5 crore in the previous financial year are required to file Form GSTR-9C on a self-certification basis. This change is applicable from FY 20-21 onwards. Further, Form GSTR-9C will be modified to support self-certification by the taxpayer.12-Jan-2022
Who is Required to File GST Return 9A? Note – “GST Council increased the limit of annual turnover for composition scheme taxpayers to 1.50 Crores, effectively from 1 April 2019 under which the composition taxpayers allowed to file returns annually and pay tax on a quarterly basis.”06-Jul-2022
How do I download Gstr 9A?
Click on GSTR-9C (Annual Return Reconciliation Statement) and choose the Filing period.
GSTR-9C is a reconciliation statement required to be furnished by a taxpayer whose turnover exceeds Rs. 2 crore in a financial year while filing his annual return in form GSTR-9. It should be prepared and certified by a Chartered Accountant/ Cost Accountant.12-Jan-2022
Who will file Gstr 4?
Form GSTR-4 (Annual Return) is a yearly return to be filed once, for each financial year, by the taxpayers who have opted for composition scheme during the financial year, or were in Composition scheme for any period during the said financial year, from 1st April, 2019 onwards.
Yes, it is compulsory to file GSTR-4 (Annual) if: You were a composition taxpayer anytime during a part of the financial year, or. Your GST registration got cancelled anytime during the financial year, or. You voluntarily opted out of the composition scheme during that financial year.12-Jan-2022
Is Gstr 4 purchase mandatory?
YES. Invoice-wise details of inward supplies relating to both intra-state & interstate from registered and unregistered persons separately.21-Jan-2019
Penalty Norms When you Miss the Due Date of GSTR-9 Filing 200 per day as a penalty in which Rs. 100 consists of SGST and Rs. 100 for CGST. Also, it is to be noted that the total penalty cannot exceed 0.25% of the total turnover on which the said penalty is being levied.06-Jul-2022
Is annual return mandatory?
Furnishing of the annual return is mandatory only for taxpayers with aggregate annual turnover above Rs 2 crore while a reconciliation statement is to be furnished only by the registered persons having aggregate turnover above Rs 5 crore.30-Dec-2021
Taxpayers with a turnover exceeding Rs. 5 crore in the previous financial year are required to file Form GSTR-9C on a self-certification basis.14-Jul-2022
Who will file Gstr 9B?
E-commerce operator
Yes, you can claim ITC for FY 2017-18 till March 2019 in the GSTR-3B return, and you can show the same in GSTR-9 too.12-Jan-2022
Who files Gstr 8?
GSTR-8 is a type of GST return that must be filed by all e-commerce operators registered under GST for collection of TCS. GSTR-8 filing will comprise of details like the amount of tax collected at source from e-commerce sellers and their GSTIN.
Who is eligible for Gstr 9A?