Errors to be avoided while filing GSTR 9 Annual Return

  • Admin
  • 9 Aug 2019
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Errors to be avoided while filing GSTR 9 Annual Return
9 Aug

1. File your GSTR 9 Annual Return before Due Date

It is the duty of all the taxpayer who holds GST Registration to file your GSTR 9 Return before the due date i.e 31st Aug, 2019 to avoid Interest and Penalties. Government has already extended the date from 31st July, 2019 to 31st Aug, 2019 and clarified that No further extension shall be granted.

2. Reporting data of Apr-June 2017 in GSTR 9

Everybody is aware of the fact that GST was introduced on 01.07.2017 which indicates that first year of filing GSTR 9 Annual Return will only be of 9months. The taxpayer needs to report the data from July 2017 to March 2018.

3. GSTR 9 to be filed for Each GST Registration not Business as a Whole

GST Returns are filed by the taxpayer for each GST Registration held for a particular State. If a person having a multiple Business operating in different states then he/she needs to file separate GSTR 9 Annual Return for each state.

4. Data Mismatch in GSTR3B & GSTR1

Taxpayers should confirm it twice that the data filed in GSTR 3B AND GATR1 are matched with the Data filed in GSTR 9 in order to avoid any Demand Notice from the GST Department. GST Portal has provided the facility of paying additional tax in case there is any difference arise due to mismatch of Tax or Input Claimed in GST Return.

5. Non Completion of GST AUDIT Where Turnover exceeds 2 Crores

Every taxpayer having a turnover exceeding 2 Crores is required to get their books to be audited by the Chartered Accountant or Cost Accountant.

6. File Nil Returns if there is no transaction during financial Year

Every taxpayer is required to file nil return in case there is no transactions during the year, Tax Payer registered under GST is required to file GST 9 Annual Return irrespective of Turnover.

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