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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...

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5 Replies

SOWJANYA M (840 Points)
Replied 08 January 2020

Yes. but not exempted it is optional whether to file or not

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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.

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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.

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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

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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.

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