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GST Annual Return Filing (GSTR-9) at just 4,999/-*
*Govt. fees on actuals and GST included
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- Expert Assistance
- Total Process takes 20-25 days
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- Incorporation Certificate
- DIN
- PAN/TAN
No Hidden Charges and Full Transparency
GST Annual Return Filing – Comprehensive Guide to GSTR-9
GSTR-9 is a critical yearly filing requirement under the Goods and Services Tax (GST) regime for all taxpayers who are registered. This annual return summarizes the total data of both outward and inward supplies, incorporating every transaction undertaken throughout the financial year. It accounts for transactions governed under Central GST (CGST), State GST (SGST), and Integrated GST (IGST). Essentially, GSTR-9 serves as a consolidated summary of the monthly or quarterly GST returns submitted during the year.
At India Company Setup, we specialize in making the GSTR-9 filing process easier and ensuring it’s completed before the specified deadline. Understanding that taxation procedures can often feel complex, we provide end-to-end assistance to guide you throughout the process. With our skilled expertise and a user-centric approach, you can confidently manage your GSTR-9 filings with complete accuracy.
Reach out to our professionals today to complete your 12A and 80G registrations smoothly and efficiently!
What is GSTR-9?
GSTR-9 is an annual return that must be filed by every registered taxpayer. It provides a detailed overview of a taxpayer’s purchases and sales over the year, including all taxes applicable like CGST, SGST, and IGST. This document highlights total inward and outward transactions and includes audit-related data for the specific financial year. Essentially, it’s a summary of the taxpayer’s entire year in terms of business transactions and tax compliance. The GST annual return threshold is Rs. 2 crore, and filing is optional for businesses with turnover up to this limit.
Applicability of GSTR-9
Form GSTR-9 is required to be filed by the following categories of taxpayers, depending on their registration type, business activity, and turnover for the financial year:
Normal Taxpayers: Businesses and individuals registered as regular taxpayers under the GST Act are obligated to file GSTR-9. This includes entities operating under standard GST provisions.
SEZ Units and SEZ Developers: Special Economic Zone entities are required to submit GSTR-9, covering all fiscal financial activity.
Transitioned Composition Scheme Taxpayers: Those who moved from the composition scheme to a regular taxpayer model during the financial year
Entities Exempted from GSTR-9 Filing
GSTR-9: Filed by regular taxpayers with turnover exceeding Rs. 2 crore. This return consolidates all monthly/quarterly data.
GSTR-9A: Applicable to businesses operating under the GST Composition Scheme. This return is designed for their specific compliance needs.
GSTR-9C: This is a reconciliation statement comparing the GSTR-9 data with the taxpayer’s audited financial statements. It is required for taxpayers who are subject to audit.
Types of Annual GST Returns
GSTR-9: Applicable to all regular taxpayers with turnover above ₹2 crores.
GSTR-9A: Designed for taxpayers under the Composition Scheme. It summarizes their quarterly returns filed throughout the year.
GSTR-9C: A reconciliation statement filed along with GSTR-9. It compares the GSTR-9 return with the taxpayer’s audited financial statements.
GSTR-9C – GST Audit Requirement
GSTR-9C is mandatory for taxpayers with an annual aggregate turnover exceeding Rs. 2 crore. The reconciliation statement must be prepared and certified by a Chartered Accountant or a Cost Accountant.
Filing GSTR-9A – Composition Scheme Participants
Taxpayers under the GST Composition Scheme are required to file Form GSTR-9A. This return consolidates all the quarterly returns submitted during the financial year.
Eligibility Criteria for GSTR-9A
All composition scheme taxpayers must file GSTR-9A unless they fall under one of the following categories:
– Input Service Distributors
– Non-Resident Taxable Individuals
– Persons subject to TDS under Section 51 of the Income Tax Act
– E-commerce operators subject to TCS under Section 52
– Casual Taxable Persons
Filing GSTR-9C – Reconciliation Statement
GSTR-9C serves as the reconciliation statement between the data declared in the annual GSTR-9 return and the taxpayer’s audited financial statements. It must be certified by a Chartered or Cost Accountant and can be filed on the GST portal or via an authorized facilitation center.
Eligibility for GSTR-9C
Any taxpayer subject to GST audit, due to an annual turnover above Rs. 2 crore, must file GSTR-9C along with the GSTR-9 and audited accounts.
GSTR-9 Turnover Limit
The filing of GSTR-9 is mandatory for registered taxpayers whose annual turnover exceeds Rs. 2 crore. Filing is optional for taxpayers with turnover less than or equal to Rs. 2 crore. This turnover threshold is officially notified by the GST authorities each year.
GSTR-9 Due Date
GSTR-9 must be filed by December 31st of the following financial year unless an extension is provided through an official government notification.
GSTR-9 Format – Detailed Structure
The GSTR-9 form comprises six parts and is structured to capture all transactions from July 2017 to March 2018:
Part 1 – Basic Details
Contains the fiscal year, GSTIN, legal name, and trade name. These are auto-populated on the portal.
Part 2 – Details of Outward Supplies
Covers two sub-parts:
– Taxable supplies including exports, SEZ, reverse charge, and advances.
– Non-taxable supplies like exempted, nil-rated, and non-GST supplies.
Part 3 – Input Tax Credit (ITC)
Three sub-sections include:
– ITC availed in returns filed (6A to 6O)
– ITC reversed or ineligible (7A to 7H)
– Other ITC information (8A to 8J)
Part 4 – Tax Paid
Includes details of tax liability and payment methods: cash, ITC utilization, etc.
Part 5 – Previous FY Transactions
Captures any transactions from the earlier FY declared post year-end (April–Sept).
Part 6 – Miscellaneous Information
Details about refunds, demands, HSN summary, and late fees.
It’s essential to understand each section for accurate compliance. If it feels overwhelming, India Company Setup is here to help simplify the process and ensure accurate filings.
Documents Needed for GSTR-9 Filing
The bank current account for a proprietorship will be opened in the name of the business owner using his/her PAN. The business owner will have to submit proof for doing business. Any two of the following documents can be submitted to create a current account instead of savings account in the name of proprietorship:
1. GST registration certificate
2. Shop & Establishment Act license
3. License issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities,
4. Banks may also accept IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT as an identity document for opening a bank account etc.
Step-by-Step Guide to File GSTR-9
Step 1: Log in to the GST Portal
Access the portal and navigate to ‘Returns Dashboard’, then click on ‘Annual Return’.
Step 2: Select the FY
Choose the relevant year (e.g., 2023–2024), and click ‘Prepare Online’.
Step 3: File Nil Return (if applicable)
Choose ‘Yes’ if you qualify for Nil return (no transactions, no ITC, etc.). If not, proceed.
Step 4: Fill in Data
Download and use summaries from GSTR-1, GSTR-3B, and system-computed reports to enter data in GSTR-9. Any significant discrepancies (+/- 20
Complete Form 10A with accurate details about the organisation’s structure, board members, and charitable objectives.
What We Offer
At India Company Setup, we deliver a complete suite of business services to help you start, grow, and manage your company with ease. From registration to regulatory compliance, our expert support ensures your business stays legally sound and financially organized.
Daily & Monthly Bookkeeping
- Record all financial transactions.
- Maintain audit-ready books in sync with GST and Income Tax laws
- Stay prepared for MCA and statutory filings
Financial Reporting
- Preparation of Profit & Loss Statements and Balance Sheets
- Generate detailed balance sheets.
- Deliver cash flow statements.
Reconciliation Services
- Bank and credit card reconciliations.
- Ensure accuracy of all financial data.
- Maintain accuracy for timely Income Tax and MCA submissions
Secure Digital Bookkeeping
- Utilize encrypted software for data security.
- Anytime, anywhere access to your business data
- Aligned with India's data protection and compliance standards
Benefits of Our Bookkeeping Services
1. Accurate Financial Records
Our expert bookkeeping ensures every transaction is correctly recorded, reducing compliance errors and giving you a clear picture of your company’s financial health — crucial for GST, Income Tax, and MCA filings.
2. Time-Saving
Focus on growing your business while we manage your books. By outsourcing to us, you eliminate the burden of paperwork, reconciliations, and regulatory upkeep — saving you both time and effort.
3. Better Cash Flow Management
We help you monitor income and expenses in real time, so you maintain a healthy cash position, make informed decisions, and avoid last-minute cash crunches or missed tax deadlines.
GSTR-9 is the annual return that summarizes all monthly/quarterly GST returns filed during a financial year, including GSTR-1 and GSTR-3B.
It is mandatory for all registered taxpayers under GST (except composition dealers, casual taxable persons, and non-resident taxpayers).
The due date for filing GSTR-9 is 31st December of the subsequent financial year.
Example: For FY 2023–24, the due date is 31st December 2024.
Details of outward and inward supplies
Tax paid during the year
ITC claimed and reversed
Amendments made to invoices
Demands and refunds
HSN summary of goods/services
Note: Much of this data is auto-populated, but must be verified and corrected if necessary.
Late fee of ₹100 per day under CGST and SGST (₹200/day total), subject to a maximum of 0.5% of turnover
Ineligibility for ITC reconciliation
May invite notices and scrutiny from the GST department
If the aggregate turnover exceeds ₹5 crores in a financial year, then along with GSTR-9, filing GSTR-9C (Reconciliation Statement) is mandatory.
GSTR-9C must be certified by a Chartered Accountant or Cost Accountant.
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