GSTR-9 is an annual return that must be filed by regular GST taxpayers, except for composition scheme taxpayers. It is due by December 31st following the financial year and requires consolidation of data from all GST returns filed during the year. Taxpayers with an aggregate turnover exceeding Rs. 2 crores must file GSTR-9. It includes providing basic details, financial information, and reconciling figures with GST returns. Filing accurately requires reviewing invoices, HSN summaries, adjustments, and avoiding errors in data and ITC claims. Professional assistance may be sought to ensure compliance.

1. GSTR-9: Applicability, Due Date,
Turnover Limit and Compliance Details
This presentation provides valuable insights into the applicability,
due date, turnover limit, and compliance details of GSTR-9. Let's
dive in!

2. Applicability of GSTR-9
Who should file?
All regular taxpayers
registered under GST are
required to file GSTR-9
annually, except for a few
exceptions.
Multiples
registrations
If you have multiple GST
registrations within a state,
each registration needs a
separate GSTR-9 filing.
Composition scheme
Composition scheme
taxpayers should file
GSTR-9A instead of
GSTR-9.

3. Due Date for Filing GSTR-9
Financial Year
GSTR-9 filing due date is 31st
December of the following
financial year.
Previous Year Data
The filing requires the
consolidation of data for the
entire financial year, including
all the GST returns filed.
Late Filing Penalties
Penalties may apply for late
filing, so be sure to adhere to
the due date to avoid any
unnecessary trouble.
Also Read:- GSTR-9: Applicability, Due Date, Turnover Limit, and Compliance Details

4. Turnover Limit for Filing GSTR-9
1 Businesses Exceeding the
Limit
All taxpayers with a turnover above
2 crores (aggregate turnover for the
financial year) must file GSTR-9.
2 Businesses Under the Limit
If your turnover does not exceed 2
crores, you do not need to file
GSTR-9, but can voluntary file.
3 Correct Calculation
Ensure accurate calculation of turnover in accordance with GST provisions to
determine the applicability.

5. Compliance Details for GSTR-9
1 Part-I: Basic Details
Provide basic information such as GSTIN, legal name, and trade name of
the taxpayer.
2 Part-II: Financial Information
Fill in financial details including turnover, inward and outward supplies, taxes
paid, and input tax credit.
3 Part-III: GST Return Reconciliation
Reconcile the turnover, taxes, and ITC declared in the GSTR-9 with the
figures as per GST returns filed.

6. Information Required for GSTR-9 Form
Invoice-wise Details
Include invoice-wise details of all
supplies made and received during the
financial year.
HSN-Wise Summary
Provide HSN-wise summary of outward
and inward supplies, if the turnover
exceeds the specified limit.
Adjustments & Reconciliations
Make necessary adjustments and reconciliations to ensure accurate reporting of taxes
and input tax credits.

7. CommonErrors and Issues in GSTR-9
1 Data Discrepancies
Ensure consistency and accuracy of
data across various financial
documents and return filings.
2 Missing Invoices
Avoid missing any invoices, as it
may lead to discrepancies and non-
compliance.
3 ITC Mismatch
Reconcile input tax credit with purchase register and ensure all eligible credits are
considered.

8. Tips for Successful Completion of GSTR-9
Form
1 Review and Reconcile
Perform a thorough review and reconciliation of data before filing to minimize errors and
discrepancies.
2 Seek Professional Assistance
If you're unsure about any aspects of GSTR-9, consult a tax professional to ensure
accurate and compliant filing.
3 Stay Updated
Keep yourself updated with the latest GST regulations and changes to ensure timely
compliance.

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