As we all are aware
that every registered dealer other than input service distributor, casual
dealer and non-resident taxable person shall furnish an annual return under
section 44 of the GST Act, 2017 for every financial year infact the date for
filing the annual return was 31st of December following the end of
such financial year which was extended for the financial year 2017-18 to
30.06.2019. Every registered dealer is under an obligation to file the annual return
in the prescribed Form GSTR 9 and every Composition Dealer is to submit annual
return in Form GSTR 9A.
Audit
If the turnover of the registered dealer is more than Rs. 2 Crore then form-9
is required to be filed under the GST Act and audited report is also to be
filed in Form GSTR 9C.
Cancelled Dealer
Even if the registration certificate is cancelled during the financial
year even then dealer is under an obligation to file the annual return.
Nil Returns
Even if the dealer has filed the Nil returns during the financial year
then also he has to file the Nil annual return for the year.
Due Date for the F.Y. 2017-18
The due date to
file the annual return for the period 01.07.2017 to 31.03.2018 is 30.06.2019.
Part Regular Dealer
and part Composition Dealer
If during the
financial year the dealer has opted composition scheme and for some time of the
year as regular dealer then the dealer has to file both GSTR 9 and GSTR 9A form
and these forms has to be filed for the same time as the time they have been
the composition dealer and regular dealer.
Compulsory filing of GSTR 1 and GSTR 3B
That before filing the annual return the dealer has to file all the
GSTR 1 and GSTR 3B for the financial year for which he is filing the annual
return. If any return is pending for the F.Y. 2017-18 then the same is required
to be filed before filing the annual return.
Consolidated summary of all filed Form GSTR 1 and GSTR 3B for the
relevant financial year is available for download in PDF format.
Navigate to services > Returns > Annual Return > Form GSTR 9
(Prepare online) > Download GSTR 3B Summary (PDF) option
Navigate to services > Returns > Annual Return > Form GSTR 9
(Prepare online) > Download GSTR 1 Summary (PDF) option
GSTR-1, GSTR-3B and GSTR-2A Comparison Chart in Excel format is also
available after logging in the GST.GOV.IN portal:
Services > Returns >
Return Dashboard > Select Financial Year & month > Click on Search >
Click on View under Comparison of liability declared and ITC claimed
More than one GSTIN
That if a dealer has more than 1 GSTIN then he is under obligation to
file different annual return for each GSTIN.
Auto Populated Data
That in GSTR 9 few detail will be automatically filled which is called
“Auto Populated Data”, the same can be edited at own discretion.
Additional Liability
That additional
liability not reported earlier at the time of filing Form GSTR 3B can be
declared in Form GSTR 9. The additional liability so declared is required to be
paid through Form GST DRC-03.
Unclaimed ITC
No unclaimed ITC
can be claimed in the Annual return.
Preview Draft
That the dealer
should view the Preview draft before uploading the GSTR 9 as there is no facility
to revise the Annual return GSTR 9.
Late Fees for late
filing of annual return
Late fees of Rs.
200 per day for late filing of the annual return which can be maximum upto 0.25%
of the turnover of the dealer.
Conclusion
Annual return is a
return for the entire financial year and same is required to be filed
electronically through the portal. Unfortunately the unclaimed ITC cannot be
claimed although one has to make the payment of additional liability if any
arises while filing the annual return which clearly reflects that one has to
clear his liability if any tax is due but cannot claim input tax credit if not
claimed earlier.
Download the forms from below links:
