Gstr9 annual return
harish chandra (accounts manager) (66 Points)
08 January 2020
is filing of gstr9 exempted for fy 2017-18& 2018-19?? for turnover below 1.50 crore...
5 Replies
SOWJANYA M
(840 Points)
Replied 08 January 2020
Yes. but not exempted it is optional whether to file or not
Anirudh BS
(17 Points)
Replied 08 January 2020
Its optional to file. If you have any changes to be made in turnover or ITC you required to file GSTR 9.
Shivam RC
(Student)
(23683 Points)
Replied 08 January 2020
Filing of Annual Return ( FORM GSTR-9 ) has been made "OPTIONAL" for FY 2017-18 and FY 2018-19 for taxable persons whose Aggregate Turnover is less than Rs. 2 crores.
So it is OPTIONAL but not EXEMPTED. But it is better to file Annual Return since you can rectify any mistakes caused in FORM GSTR-1 and FORM GSTR-3B.
So it is OPTIONAL but not EXEMPTED. But it is better to file Annual Return since you can rectify any mistakes caused in FORM GSTR-1 and FORM GSTR-3B.
Suresh Jain
(Practice Training & Teaching)
(1515 Points)
Replied 09 January 2020
Details will be taken from GSTR1 & 3B and GSTR9 will be treated as filed
Shivam RC
(Student)
(23683 Points)
Replied 09 January 2020
Agree with Suresh Jain. If you do not file your Annual Return on the grounds of turnover being less than Rs. 2 crore, then "it will be deemed to be FILED". Information will be extracted from your GSTR-1, GSTR-2A and GSTR-3B. But the problem is that if any mistake was caused while filing FORM GSTR-1 or FORM GSTR-3B, then your Annual Return also will be filed with those mistake details.
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
