GSTR 9 Simplified - Overview - Issues Faced While Filing GSTR 9 - Q & A - FAQs | By CA Prateek Nahar

GSTR 9 simplified – Overview of GSTR 9 and solutions to the issues faced while filing GSTR 9. Find out what are the Frequently Asked Questions (Q & A) on GSTR 9. This video explains about the issues & solutions while filing annual returns GSTR 9.

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Table of Contents in this Video:

Overview of GSTR 9
Issues faced while filing GSTR 9 & how to go about it
Q & A Session

Overview of Annual Returns
The Annual return is mandatory for person registered under Rule 80
Composition dealer should file GSTR 9A
TCS: Rule 80(2) he should file GSTR 9B
GSTR 9C essentially it is audit form is mandatory for all business which has turnover more than Rs. 2 crores
GSTR 9 annual return is not applicable for followings:
Registered under ISD
Registered as a TDS
Casual Taxable Person
Non-resident taxable person
What is GSTR 9?
Consolidated return of monthly/quarterly GST returns during a FY for every GSTIN.

Who has to file GSTR 9?
Registered taxpayers except input service distributors, casual taxable persons, non-resident taxable persons and persons liable to deduct tax at source.

When to file GSTR 9?
By 31st December of the next financial year (For FY 2017-18, it’s 30th June 2019).

Penalties or late fees, if not filed
Late fees of Rs. 200 per day (Rs 100 for CGST and SGST), maximum of 0.25% of the turnover of the relevant FY.

Can GSTR 9 be revised?
Once filed, GSTR-9 cannot be revised

GSTR 9: Broad Views of 6 Parts & 19 Tables
Parts:
Part 1 - Basic info - Table 1 - 3
Part 2 - Liability - Table 4 - 5
Part 3 - Input Tax Credit - Table 6 - 8
Part 4 - Tax Paid Details - Table 9
Part 5 - Circular 26 Adjustments - Table 10 - 14
Part 6 - Other Info - Table 15 - 16

Part I - Table 1-3 - Basic info
● Who is required to file GSTR-9? Is there a threshold limit of turnovers for an exemption
to file GSTR-9?
● I got my registration cancelled in the financial year say FY 2017-18. Can I file Form
GSTR-9?
● Form GSTR-9 return is required to be filed at entity level or GSTIN level?
● Can I revise the GSTR-9 which has been filed?

Part II - Table 4 & 5 – Liability
● What is the disclosure to be made in Table 4 & 5 ? Can we add Invoices which have
been missed for 2017-18 as a part of this table
● Can there be a reclassification of Invoice within table 4. Eg - I have an export which has
been shown under Outward supplies in 3B, Can this be reclassified under GSTR 9 form
from Table 4C to table 4B
● How do I make the payment of tax that was due for the F.Y. 2017-18 but yet to be
declared in GSTR-3B return before filing GSTR-9?

Part III - Table 6-8 – ITC
● Can all the data be taken and filled up n Table 6 using GSTR 3B form ?
● How do we bifurcate the ITC availed in Input, Input Services and Capital Goods
● If there is an invoice for which we have claimed ITC in 3B but the same is not present in
my 2A then do I need to reverse the ITC claimed.
● What if the 8D value is negative ?

Part IV - Table 9 - Tax paid Details
● Can we edit the tax payable as per table 9 ?
● Can we edit the taxes paid or ITC claimed in Table 9

Part V - Table 10-14 - Circular 26 Adjustments
● What is the data to be reported from Table 10-13
● Is Reconciliation of the turnover (5N+10-11 with the books) important ?
● What is the importance of table 14 ?

Part VI - Table 15-19 - Other Details
● Taxpayer has received a notice from its jurisdiction range office that there is a tax
difference between GSTR-1 vs GSTR-3B / GSTR-3B vs GSTR-2A. Whether such tax
differences are to be reported in total demand of tax in Table-15E?
● Goods sent to job worker before July-17 and returned between the periods July17 to
March-18. Whether this transaction is to be reported in Table-16B?
● How to extract details of HSN wise summary of inward supplies where the same is not
required to be reported in GSTR-3B?

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