The GSTR-9A is the annual return to be filed once in a year by taxpayers who have opted for the Composition Scheme under GST for a particular financial year. It includes all the information furnished in the quarterly returns filed by the composition taxpayers during that financial year.
All taxpayers registered under the composition levy scheme under GST should file GSTR-9A.
However, the following persons are not required to file this:
GSTR-9A has to be filed on or before 31st December* following the close of financial year. For example, if the composition taxpayer is filing his annual return for the FY 2017-18, the taxpayer should file it, on or before 31st December 2018*.
|Under CGST||Under SGST/UTGST||TOTAL|
|Rs.100* per day of default||Rs.100* per day of default||Rs.200 per day of default|
*Maximum late fee per day cannot exceed 0.25% of Turnover in the State or Union territory under CGST/SGST/UTGST.
|Sl. No.||Parts of GSTR-9A||Details to be provided|
|1||Part-I||Basic Details such as GSTIN, Legal Name, Trade Name of the taxpayer that is auto-populated|
|2||Part-II||Details of outward and inward supplies declared in GSTR-4 filed during the financial year. This input consists of summary from all quarterly returns filed during the FY.|
|3||Part-III||Details of tax paid as declared in returns filed during the financial year. Tax paid under different heads such as IGST, CGST, SGST, Cess, Interest, Late Fee, Penalty has to be mentioned here.|
|4||Part-IV||Particulars of the transactions for the previous FY declared in returns of April to September of current FY or up to date of filing of annual return whichever is earlier. This section consists of summary of amendments or corrections relating to entries of previous FY. It may be additions or omissions.|
|5||Part-V||Other Information such as the following given below:|
|Particulars of Demands and Refunds. Here, details of any demands for tax from the tax department, tax paid on the demand raised, any balance to be paid shall be mentioned. Also, details of Refund claimed, refund received out of the claim, pending refund shall be mentioned.|
|Details of credit reversed or availed – If a taxpayer switches from regular to composition scheme or vice versa, ITC shall be reversed or added respectively. Such details pertaining to ITC shall be entered here.|
|Late fee payable and paid – Late fee on account of late payment of tax or late filing of returns shall be mentioned in this section.|
Important recent amendments to be noted:
It is important that true and correct information is disclosed in the annual return. The data declared in the annual return would be the starting point of assessment of the taxpayer by the Department. The annual return also serves a useful purpose of rectifying mistakes committed at the time of filing GSTR -4. All information disclosed in GSTR – 9 must be cross-checked with the books of accounts and the Form GSTR – 4 filed for the period.
It must be noted that additional tax liability not declared in Form GSTR – 4 can be declared in GSTR – 9A and tax can be paid voluntarily along with interest in Form DRC-03.