Under the Goods and Services Tax (GST) regime, every registered taxpayer is required to file annual GST returns, in addition to regular monthly or quarterly filings. GST Annual Filing is essential to summarize the yearly transactions and ensure compliance with the GST law.
At India Accountant, we offer complete assistance for timely and accurate GST Annual Return Filing, helping businesses avoid penalties and maintain a clean compliance record.
What is GST Annual Return?
The GST Annual Return is a yearly statement that consolidates all monthly/quarterly returns filed during the financial year. It includes details of outward and inward supplies, input tax credit (ITC), taxes paid, and refunds claimed.
The two main annual return forms are:
- GSTR-9 – For regular taxpayers
- GSTR-9C – Reconciliation statement (mandatory for businesses exceeding turnover limits, requiring CA certification)
Who Should File?
- Every GST-registered regular taxpayer
- Businesses with turnover above prescribed threshold for GSTR-9C
- Not applicable to composition dealers, Input Service Distributors (ISD), and TDS/TCS deductors
Due Date
- GSTR-9 and GSTR-9C: Usually due on or before 31st December following the end of the financial year
Penalties for Late Filing
- ₹200 per day of delay (₹100 CGST + ₹100 SGST)
- Interest on tax liability if any discrepancies are found
- Risk of GST audits and legal notices
Documents Required
- GSTR-1 and GSTR-3B summary
- Purchase and sales registers
- Input tax credit details
- Reconciliation statements
- Financial statements of the business
Why Choose India Accountant?
- Expert support for GSTR-9 & GSTR-9C filing
- Complete data reconciliation and error correction
- CA certification for GSTR-9C
- Timely filing to avoid penalties
- Affordable pricing and professional assistance
Contact Us for GST Annual Filing
Ensure smooth and error-free GST annual return filing with India Accountant.
Email: info@indianaccountant.in
Website: indianaccountant.in
Phone: 917310106210
India Accountant – Your Trusted Partner in GST Compliance.