GST has been implemented in India from 1st July, 2017. Under the new GST regime, over 1.3 crore business in India
have been registered and issued GST registration. All entities having GST registration are required to file GST
annual returns, as per the GST return due date schedule mentioned below. GST annual return filing is mandatory
for all entities having GST registration, irrespective of business activity or sales or profitability during the
return filing period. Hence, even a dormant business that obtained GST registration must file GST return.
GST registration holder who obtained the registration anytime before 1st April 2018 are required to file GST annual
return for the financial year 2017-18 on or before 30th June 2019. Before filing GST annual return the
taxpayer must have filed all GSTR-1 or GSTR-3B or GSTR-4 return for the period of July to March 2018.
In case there are overdue GST returns for the above-mentioned period, the GST registration holder will not be allowed to
file GST annual return.
GST Annual Return Filing can be divided into three types based on the form to be filed as under:
All entities having GST registration are required to file GST annual return in form GSTR-9.
GST registered taxpayers who have opted for the GST Composition Scheme under Goods and Services Tax (GST) are required to file GSTR-9A.
Form GSTR 9C is meant for filing the reconciliation statement of taxpayers pertaining to a particular financial year. The form is a statement of reconciliation between the Annual Returns in GSTR-9 and the figures mentioned in the Audited Financial Statements of the taxpayer.
The due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year
2017-18 to 31st December 2019 and for Financial Year 2018-19 to 31st March 2020. The Government has also decided to
simplify these forms by making various fields of these forms as optional.
Ex-Legal Solutions is the leading business services platform in India, offering end to end GST services from registration
to return filing. Ex-Legal Solutions can help you file GST annual return for your business at an affordable price.
The average time taken to file a GST return is about 5 - 10 working days, subject to government processing
time and client document submission.
Get a free consultation on GST annual return filing by scheduling an appointment with an Ex-Legal Solutions Advisor.
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