About GST Annual Returns

GST Annual Returns, also known as GSTR-9, are a mandatory filing requirement for all registered taxpayers under the Goods and Services Tax (GST) regime whose turnover in the preceding financial year exceeds Rs. 2 Crores. These returns provide a detailed summary of a taxpayer’s GST transactions for an entire financial year, encompassing all outward and inward supplies, taxes paid, input tax credit availed, and refund claims.

Who Needs to File GST Annual Returns?

Every registered taxpayer, except for casual taxpayers, input service distributors, non-resident taxpayers, and taxpayers deducting/collecting tax at source under Section 51 or Section 52, whose turnover in the preceding financial year exceeds Rs. 2 Crores is required to file GSTR-9.

Eligibility for Annual Filing

There are no specific eligibility criteria for filing GST Annual Returns. All registered taxpayers whose turnover in the preceding financial year exceeds Rs. 2 Crores, must file GSTR-9 for each financial year. However one can file GSTR 9 voluntarily irrespective of their turnover or tax liability.

Essential Documents for Filing

To file GST Annual Returns, taxpayers need the following documents:

• GSTIN (Goods and Services Tax Identification Number)
• PAN (Permanent Account Number)
• Details of outward supplies made during the financial year
• Details of inward supplies from registered dealers
• Details of imports of goods and services attracting reverse charge
• Details of tax paid under the regular scheme
• Details of input tax credit availed
• Details of refund claims

The due date for filing GST Annual Returns is 31st December of the following financial year. For instance, the due date for filing GSTR-9 for the financial year 2022-23 is 31st December 2023.