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Annual return - Section 44 - GST Ready Reckoner - GSTExtract Annual Return Requirement of Filling of Annual Return As per section 44(1) read with Rule 80 of CGST Rules applies to all registered taxable person are required to file an annual return in form GSTR-9 . for every financial year other than person registered as, Input Service Distributor A person liable to deduct tax under Section 51 (TDS) A person liable to collect tax at source under Section 52 (TCS) A casual tax Taxable person; and Non-resident taxable person Applicable form of Annual Return For Normal Taxpayer are required to file Annual Return Form form GSTR-9 . For the composition taxpayer are required to file Annual return in Form GSTR-9A . For the person liable to collect tax under section 52 Every electronic commerce operator required to collect tax at source under section 52 shall furnish annual statement referred to in sub-section (5) of the said section in FORM GSTR -9B . Self-certified Reconciliation statement Every registered person, other than those referred to in the second proviso to section 44, an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non resident taxable person, whose aggregate turnover during a financial year exceeds five crore rupees , shall also furnish a self-certified reconciliation statement as specified under section 44 in FORM GSTR-9C along with the annual return Form GSTR-9 , on or before the thirty-first day of December following the end of such financial year , electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner. For the financial year 2020-2021 the said self-certified reconciliation statement shall be furnished along with the said annual return on or before the 28th day of February, 2022 . [ Rule 80(3A) ] For the financial year 2022-2023 , the said self-certified reconciliation statement shall be furnished along with the said annual return on or before the tenth day of January, 2024 for the registered persons whose principal place of business is in the districts of Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunagar in the state of Tamil Nadu. [ Rule 80(3B) ] w.e.f. 31.12.2023 Threshold limit for filling annual return There is no threshold limit for annual return. it s mandatory to file annual return. Due Date of filling Annual Return Every registered person is required to file it on or before the 31st day of December following the end of such financial year. [ Rule 80(1) ] For the financial year 2020-2021 the said annual return shall be furnished on or before the 28th day of February, 2022. [ Rule 80(1A) ] For the financial year 2022-2023 , the said annual return shall be furnished on or before the tenth day of January, 2024 for the registered persons whose principal place of business is in the districts of Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunagar in the state of Tamil Nadu. [ Rule 80(1B) ] w.e.f. 31.12.2023 Restriction on filling of annual return [ Section 44(2) ] A registered person shall not be allowed to furnish an annual return under section 44(1) for a financial year after the expiry of a period of three years from the due date of furnishing the said annual return. Relaxation may be provided:- On the recommendation of council, the government may by notification may extend the period exceeding three years from the due date of furnishing the said annual return even after the expiry of the said period of three years from the due date of furnishing the said annual return. Relaxation provided from filing GSTR-9 As per Notification no. 32/2023- Central Tax Dated 31 July 2023 the registered person whose aggregate turnover in the F.Y. 2022-23 is up to 2 crore rupees, is exempt from filing annual return for the said financial year. As per Notification no. 10/2022 Central Tax Dated 05 July 2022 the registered person whose aggregate turnover in the F.Y. 2021-22 is up to 2 crore rupees, is exempt from filing annual return for the said financial year. As per Notification no. 31/2021 Central Tax Dated 30 July 2021 the registered person whose aggregate turnover in the F.Y. 2020-21 is up to 2 crore rupees, is exempt from filing annual return for the said financial year. As per Notification no. 47/2019 Central Tax Dated 09 October 2019 the registered person whose aggregate turnover in the F.Y. 2017-18, 2018-19 and 2019-20 is up to 2 crore rupees, is exempt from filing annual return for the said financial year.
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