Not sure if you have to file GSTR-9 this time? Here’s what you must know.
Who are required to file GSTR-9?
A registered taxpayer who is a normal taxpayer including SEZ units and SEZ developers. A composition taxpayer who opted out of the scheme in the middle of the year and continues to be registered under GST. A taxpayer who transitioned from VAT to GST in the first financial year of GST implementation.
Note: You should be registered as a normal taxpayer under GST at least for a single day in a financial year. You should have filed GSTR-1 and GSTR-3B for the financial year before filing the annual return because GSTR-9 is a compilation of data filed in GSTR-1 and GSTR-3B.
Let’s say Mr. Sumit (registered under VAT previously) had registered under GST on 1st October 2017 as a normal taxpayer. He then opted for the composition scheme on 1st January 2018. Mr. Sumit will now have to file the following returns:
GSTR- 9 for the period 1st October 2017 to 31st December 2017. GSTR- 9A for the period 1st January 2018 to 31st March 2018. Thereafter, for each financial year, he should file GSTR-9A till he opts out of the scheme.
Who are not required to file GSTR- 9:
A taxpayer registered under the composition scheme A casual taxpayer Input service distributor A non-resident taxpayer A person deducting TDS u/s 51 A person collecting TCS u/s 52 as they must file GSTR-9B