Respected to all,
My Aggregate Turnover is below than 2 crore & I want to file my GSTR-9 for F.y. 17-18 & F.y. 18-19.
So is it mandatory for me to file GSTR-9 ?
Because there is some confusion in 37th Press Release of GST. Where mention some relaxation for MSME taxpayers but in Circular 124/2019 CGST Act no any MSME word used for relaxation.
Please clear this relief.
Filing of Annual Return ( GSTR-9 ) for FY 2017-18 and FY 2018-19 has been made "OPTIONAL" for the taxpayers having Aggregate Turnover upto Rs. 2 crores vide Notification No. 47/2019 - Central Tax, dated 09th October 2019 read with Circular No. 124/43/2019 - GST , dated 18th November 2019.
Note : Before making the Decision not to File GSTR-9, just make sure that data uploaded in GSTR-1 & GSTR-3B is accurate and the same are matching with your Financial statements.
GSTR-9 is a correction tool because if any wrong data is upload in GSTR1 & GSTR 3b than u can use the same for correction of ur data.
if there is no difference then no need to file GSTR 9, if there is any contrary then file GSTR 9 to correct those mistakes.
Optional means what ever data you filed through GSTR 1 And GSTR 3B is considered as final data.
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