GST: GSTR 9 ANNUAL RETURN UNDER GST

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Published on 26 Mar 2020 / In GST

GSTR-9 ANNUAL RETURN UNDER GST


• Why GSTR9 Annual return is filed?
• Who has to file GSTR 9 Annual Return?
• Why it is important to file GSTR 9 Annual return?
• 2 years implementation of GST FY 2017-18 and FY 2018-19.
• According to GST department council GSTR 9 is not compulsory for those whose turnover is less than 2 Crore in a year.
• Problems: If GSTR 9 annual return is not filed it can be deem to be filed.
• Penalty for not filing GSTR 9 Annual Return: Liable to pay a late fee .5% of the turnover in the state/UT Rs. 200/- per day of default Penalty.

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