The deadline for filing the yearly goods and services tax (GST) return via the GSTR-9 or GSTR-9A form is December 31, 2024, towards the particular GST registered assesses. Form GSTR-9 is a yearly return that is required to be provided once for every fiscal year by the registered assesses, along with those who are regular assesses, and SEZ units and SEZ developers.
The assessees are required to furnish the data for the purchases, sales, input tax credits or refunds claimed, and any demands raised, etc., in this return.
It is needed to learn that you could provide an annual return merely when your GSTIN was active, even for a day for the whole fiscal year in question. Businesses having an annual aggregate turnover of up to Rs 5 crore need to submit the returns under the Quarterly Return Filing and Monthly Payment of Taxes scheme.
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The assesses who are entitled are termed as those having a turnover of more than Rs 5 crore and should submit a self-certified reconciliation statement via Form GSTR-9C.
Under the GST website it cited that the below mentioned people can file for the Nil Form GSTR-9 of the fiscal year merely if you have-
There is no late fee to be paid etc
The due date to submit Form GSTR-9 for any fiscal year is December 31 of the subsequent fiscal year or as periodically extended by the government through the notification. If the form has been furnished post due date then the late fee shall be imposed.
Previously it was needed for companies with a total yearly revenue of more than Rs 5 crores to receive an audit certification from chartered accountants. As the CBIC declared such businesses are permitted to self-certify their GST return, therefore the businesses can submit their GST returns independently.
It is however not a compulsion anymore, a CA can file the GST returns fro you. Provided various GST rules and regulations it is a business’s good choice to involve a CA or use a software tool to ease the process of filing and lessens the errors.