GST Annual Return: It is mandatory for THESE taxpayers to file GST Annual Return, see the deadline

Businessmen registered under GST have to file and submit the annual return (GST Annual Return) after the completion of every financial year. GST taxpayers fill the GSTR-9 form to file returns every year, so this form is also known as the annual form.

In this form, businessmen have to provide information about their sales and purchases for the whole year and also have to provide the details of GST paid during that financial year to the government. The last date for filing GST Annual Return is 31 December 2024.

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Taxpayers who have opted for the composition scheme under GST are required to file Form GSTR-9A to file their annual returns. Taxpayers are required to file all the applicable returns for that financial year such as Form GSTR-1/ IFF and Form GSTR-3B before filing their annual returns.

Which taxpayers are required to file GST annual return

Filing of annual GST returns is mandatory for all taxpayers who have taken GST registration during the relevant financial year, irrespective of the time of registration. And taxpayers who opt for the Composition Scheme under GST are required to use the GSTR-9A form to file annual returns.

These taxpayers will not have to file returns

The specific categories of taxpayers who have been exempted by the government from filing GST annual returns include-

• Input Service Distributor
• Taxpayers paying tax under section 51 of the CGST Act
• Taxpayers paying tax under section 52 of the CGST Act
• Taxpayers paying casual tax
• Non-resident tax payers

It is not necessary for these traders to file annual returns

For your information, let us tell you that the Central Board of Indirect Taxes and Customs (CBIC) has exempted GST registered small traders from filing annual GST returns for the financial year 2023-24. Such GST registered businessmen whose total turnover is up to Rs 2 crore in the financial year 2023-24, will not have to file annual returns for that year.

How many types of GSTR-9 forms are there?

Under the Goods and Services Tax system applicable in India, the GSTR 9 form has been divided into four types according to different categories of businessmen.

1. GSTR-9 Form: This form is for general traders registered under GST.

2. GSTR-9A Form: For taxpayers who opt for the composition scheme under GST, there is the GSTR-9A form.

3. GSTR-9B Form: GSTR-9B form is used for e-commerce operators.

4. GSTR-9C Form: GSTR-9C form is for those businessmen whose annual turnover is more than Rs 2 crore.

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