Contents Of Annual Return GSTR-9

The Annual Return in form GSTR-9 is basically a summary of GSTR-1 and GSTR-3B returns for the period July 2017 to March 2018. However, if there are any amendments made during April 2018 to September 2018 returns, these have to be included in the Annual Return for 2017-18.

The return is in following parts:

Part I – Basic Details – Financial Year, GSTIN, Legal Name and Trade Name (if any).

Part II – Details of Outward and inward supplies declared during the financial year –

  • Details of advances, inward and outward supplies on which tax is payable as declared in returns filed during the financial year
  • Details of Outward supplies on which tax is not payable as declared in returns filed during the financial year

Part III – Details of ITC as declared in returns filed during the financial year –

  • Details of ITC availed as declared in returns filed during the financial year
  • Details of ITC Reversed and Ineligible ITC as declared in returns filed during the financial year
  • Other ITC related information.

Part IV – Details of tax paid as declared in returns filed during the financial year – This part covers actual tax paid during the financial year.

Part V – Particulars of the transactions for the previous FY declared in returns of April to September of current FY or upto date of filing of annual return of previous FY whichever is earlier

  • This part covers amendments made in returns of April to September 2018 in respect of returns filed for period upto March 2018, like supplies/tax declared (net of debit notes) or reduced (net of credit notes and ITC reversed or availed for the previous financial year).

Part VI – Other Information –

  • Particulars of demands and refunds
  • Information on supplies received from composition taxpayers, deemed supply under section 143 and goods sent on approval basis.
  • HSN wise summary of outward supplies
  • Late fee payable and paid.

PART II OF ANNUAL RETURN GSTR-9

Part II of Annual Return consists of the details of all outward supplies & advances received during the financial year for which the annual return is filed. The details filled in Part II is a consolidation of all the supplies declared by the taxpayer in the returns filed during the financial year.

The instructions to fill Part II are given below the GSTR-9 return.

PART III OF ANNUAL RETURN GSTR-9

Part III of Annual return consists of the details of all input tax credit availed and reversed in the financial year for which the annual return is filed.

The instructions to fill Part III are given below GSTR-9 return.

PART IV OF ANNUAL RETURN GSTR-9

Part IV of Annual Return is the actual tax paid during the financial year. Payment of tax under Table 6.1 of FORM GSTR-3B may be used for filling up these details.

PART V OF ANNUAL RETURN GSTR-9

Part V of Annual Return consists of particulars of transactions for the previous financial year but declared in the returns of April to September of current FY or date of filing of Annual Return for previous financial year (for example in the annual return for the FY 2017-18, the transactions declared in April to September 2018 for the FY 2017-18 shall be declared), whichever is earlier.

The instructions to fill Part V are given below GSTR-9 return.

PART VI OF ANNUAL RETURN GSTR-9

Part VI of Annual Return consists of details of other information.

The instructions to fill Part VI are given below GSTR-9 return.

Summary of supplies effected and received against a particular HSN code to be reported only in this table. It will be optional for taxpayers having annual turnover upto Rs. 1.50 Cr. It will be mandatory to report HSN code at two digits level for taxpayers having annual turnover in the preceding year above Rs. 1.50 Cr but upto Rs. 5.00 Cr and at four digits’ level for taxpayers having annual turnover above Rs. 5.00 Cr. UQC details to be furnished only for supply of goods. Quantity is to be reported net of returns. Table 12 of FORM GSTR-1 may be used for filling up details in Table 17.

Late fee will be payable if annual return is filed after the due date.

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