FAQs on Annual Return for 2017-18

After the multiple extension of dates for filing the annual return for 20017-18, the Government has issued the FAQs relating to annual return. One of the important features of the new annual return on the portal is auto filled data and option for declaring additional liability in annual return and payment thereof. We provide below the snap shots of the FAQs so issued.

Particular Remarks
Who need to file Annual Return in Form GSTR-9? Form GSTR-9 is to be filed by a person who is registered as a normal taxpayer, including SEZ unit or SEZ developer and the taxpayers who have withdrawn from the composition scheme to normal taxpayer any time during the year.

Note:

·          Composition taxpayers are required to file Annual Return in Form GSTR-9A.

·         Annual Return is not required to be filed by casual taxpayer / Non Resident taxpayer / ISD.

What is the difference between Form GSTR-9 and Form GSTR-9C? ·  Form GSTR-9 is required to be filed by every person registered as normal taxpayer irrespective of their turnover.

·  Form GSTR-9C is required to be filed by every registered person whose turnover has been more than Rs. 2 crores during the financial year. Such taxpayers are required to get their accounts audited by Chartered Accountant or Cost Accountant and need to submit a copy of audited annual accounts and reconciliation statement as specified under section 44(2) of CGST Act.

 

I am a regular/ normal taxpayer for part period and composition taxpayer for part period during the financial year. Do I need to file Form GSTR-9 or Form GSTR-9A? ·       You are required to file both Form GSTR-9 and Form GSTR-9A for the respective period.

·       The period during which the taxpayer remained as composition taxpayer, Form GSTR-9A is required to be filed. And, for period for which the taxpayer is registered as normal taxpayer, Form GSTR-9 is required to be filed.

 

I got my registration cancelled in the financial year. Can I file Form GSTR-9? Yes, the annual return needs to be filed even if the taxpayer has got his registration cancelled during the said financial year.
What are the pre-conditions for filing Form GSTR-9? Pre-conditions for filing of Form GSTR-9 are:

·       Taxpayer must have active GSTIN during the relevant financial year as a normal/regular taxpayer even for a single day.

·       Taxpayer has filed all applicable returns i.e. Form GSTR-1 and Form GSTR-3B of the relevant financial year before filing the Annual Return.

 

Can I file nil Form GSTR-9? Nil Form GSTR-9 can be filed for the Financial year, if you have: –

·       NOT made any outward supply (commonly known as sale); AND

·       NOT received any goods/services (commonly known as purchase); AND

·       NO other liability to report; AND

·       NOT claimed any credit; AND

·       NOT claimed any refund; AND

·       NOT received any order creating demand; AND

·       There is no late fee to be paid etc.

Is there any Offline Tool for filing Form GSTR-9? Currently, Form GSTR-9 return can be filed through online mode only. However, offline tool for Form GSTR-9 is expected to be released shortly.
Form GSTR-9 return is required to be filed at entity level or GSTIN level? Form GSTR-9 return is required to be filed at GSTIN level i.e. for each registration. If taxpayer has obtained multiple GST registrations, under the same PAN, whether in the same State or different States, he/she is required to file annual return for each registrations separately, where the GSTIN was registered as a normal taxpayer for some time during the financial year or for the whole of the financial year.
I have not filed all my applicable return(s)/ statement(s) during the financial year. Still, can I file Annual return without filing of those applicable return(s)/ statement(s)? No. You cannot file return in Form GSTR-9 without filing Form GSTR-1 and Form GSTR-3B for all applicable periods during the relevant financial year.

 

In which tables of Form GSTR-9, the details are required to be provided? Details are required to be provided in Form GSTR-9 in the following tables:

·       Para 4.Details of advances, inward and outward supplies made during the financial year on which tax is payable: To enter/ view the summary of outward/ inward supplies made during the financial year

·       Para 5.Details of Outward supplies made during the financial year on which tax is not payable: To enter/ view the summary of non-taxable outward supplies made during the financial year

·       Para 6.Details of ITC availed during the financial year: To enter/ view the summary of ITC availed during the financial year

·       Para 7.Details of ITC reversed and Ineligible ITC for the financial year: To enter/ view the summary of ITC reversed or ineligible for the financial year

·       Para 8. Other ITC related information: To enter/ view the ITC availed during the financial year

·       Para 9.Details of tax paid as declared in returns filed during the financial year: To enter/ view the tax (including Interest, Late Fee, Penalty & Others) paid during the financial year

·       Para 10, 11, 12 & 13 Details of the previous Financial Year’s transactions reported in next Financial Year: To enter/ view the summary of transactions reported in next financial year

·       Para 14. Differential tax paid on account of declaration in table no. 10 & 11: To enter/ view the total tax paid on transactions reported in next financial year

·       Para 15. Particulars of Demands and Refunds: To enter/ view particulars of demands and refunds during the financial year

·       Para 16. Supplies received from Composition taxpayers, deemed supply by job worker and goods sent on approval basis: To enter/ view the summary of supplies received from Composition taxpayers, deemed supply by job worker and goods sent on approval basis

·       Para 17. HSN wise summary of Outward Supplies: To enter/ view HSN wise summary of outward supplies made during the financial year

·       Para 18. HSN wise summary of Inward Supplies: To enter/ view HSN wise summary of inward supplies received during the financial year

Do I need to provide/ update details in all the tables in Form GSTR-9 before filing? You are required to provide/ update details only in those tables which are relevant to your business.

 

Which tables in Form GSTR-9 has auto-populated data from filed Form GSTR-1 and Form GSTR-3B? Below tables in Form GSTR-9 has auto-populated data, from already filed Form GSTR-1 and Form GSTR-3B of the relevant financial year:

·       Para 4. Details of advances, inward and outward supplies made during the financial year on which tax is payable

·       Para 5. Details of Outward supplies made during the financial year on which tax is not payable

·       Para 6A. Total amount of input tax credit availed through FORM GSTR-3B (sum total of Table 4A of FORM GSTR-3B)

·       Para 6G. Input Tax credit received from ISD

·       Para 6K. Transition Credit through TRAN-I (including revisions if any)

·       Para 6L. Transition Credit through TRAN-II

·       Para 9. Details of tax paid as declared in returns filed during the financial year

Which table in Form GSTR-9 has auto-populated data from Form GSTR-2A? Below table in Form GSTR-9 has auto-populated data, from Form GSTR-2A of the relevant financial year:

·       Para 8A. ITC as per GSTR-2A (Table 3 & 5 thereof)

Can I edit auto-populated data from filed Form GSTR-1 and GSTR-3B in Form GSTR-9? Yes, you can edit auto-populated data from filed Form GSTR-1 and GSTR-3B in Form GSTR-9, except data in below mentioned tables:

·       Para 6A: Total amount of input tax credit availed through FORM GSTR-3B (sum total of Table 4A of FORM GSTR-3B)

·       Table no. 8A: ITC as per GSTR-2A (Table 3 & 5 thereof)

·       Table no. 9: Details of tax paid as declared in returns filed for the financial year (Except tax payable column)

Can I download system computed values of Form GSTR-9? Yes, taxpayer can download the system computed values for Form GSTR-9 in PDF format. This will help the taxpayer to use it for reference while filling Form GSTR-9.
Will consolidated summary of Form GSTR-1 be made available for the returns filed during the financial year? Yes. Consolidated summary of all filed Form GSTR-1 statement for the relevant financial year is available for download in PDF format at following path:

Navigate to Services > Returns > Annual Return > Form GSTR-9 (PREPARE ONLINE) > DOWNLOAD GSTR-1 SUMMARY (PDF) option.

Will consolidated summary of Form GSTR-3B be made available for the returns filed during the financial year? Yes. Consolidated summary of all returns filed in Form GSTR-3B for the relevant financial year is available for download in PDF format at following path:

Navigate to Services > Returns > Annual Return > Form GSTR-9 (PREPARE ONLINE) > DOWNLOAD GSTR-3B SUMMARY (PDF) option.

Can I change the details after clicking on ‘Proceed to File” button? Yes. You can change/edit the details before filing of Form GSTR-9 return. However, the auto-populated data will not be editable in the following fields.

·       Table no. 6A: Total amount of input tax credit availed through Form GSTR-3B (sum total of Table 4A of Form GSTR-3B)

·       Table no. 8A: ITC as per Form GSTR-2A (Table 3 & 5 thereof).

·       Table no. 9: (Except tax payable column)

What happens after COMPUTE LIABILITIES button is clicked? After COMPUTE LIABILITIES button is clicked, details provided in various tables are processed on the GST Portal at the back end and Late fee liabilities, if any, are computed.

Late fee is calculated, if there is delay in filing of annual return beyond due date.

Is there any late fee for late filing of Form GSTR-9? Yes, there is a late fee for filing of Form GSTR-9 beyond the due date.

 

When “Late fee payable and paid” tile in Form GSTR-9 gets enabled? Once the status of Form GSTR-9 is Ready to File and liabilities are calculated, 19. Late fee payable and paid tile gets enabled for filing of Form GSTR-9 by the taxpayer.
In Form GSTR-9, can additional liability not reported earlier in Form GSTR-3B be declared? Yes, additional liability not reported earlier at the time of filing Form GSTR-3B can be declared in Form GSTR-9.

The additional liability so declared in Form GSTR-3B are required to be paid through Form GST DRC-03.

Can I claim or report any unclaimed ITC through Annual Return? No. You cannot claim ITC through Form GSTR-9.
What do I need to do if available cash balance in Electronic Cash Ledger is less than the amount required to offset the liabilities? Available cash balance as on date in Electronic Cash Ledger is shown to the taxpayer in “Cash Ledger Balance” table. If available cash balance in Electronic Cash Ledger is less than the amount required to offset the liabilities, then additional cash required to be paid by taxpayer is shown in the “Additional Cash Required” column. You may create challan for the additional cash directly by clicking on the CREATE CHALLAN button.
I am getting a warning message that records are under processing or processed with error while filing Form GSTR-9. What do I do? In case, records (or data as submitted while filing Form GSTR-9) are processed with error or are under processing at the back end, a warning message is displayed. If records are still under processing, wait for processing to be completed at the back end. For records which are processed with error, go back to Form GSTR-9 and take action on those records for making corrections.
Can I revise Form GSTR-9 return after filing? No, you cannot revise Form GSTR-9 return after filing.

 

 

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