GST Annual Return & Audit_FY-2020-21

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This discussion clarifies who is liable to file the GST Annual Return (GSTR-9) and the GST Audit Report (GSTR-9C) for the financial year 2020-21. It addresses whether clients with a turnover below Rs. 1.50 lacs are required to file these returns. The consensus is that GSTR-9 is optional for turnovers up to ₹2 crore, and those below this threshold are generally not liable to file GSTR-9 and GSTR-9C, with no specific statutory limit mentioned for this exemption.

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(Querist)
04 October 2021 Hello,

I want to know which assessee are liable to file GST Annual Return and GST Audit Report -9C??

Client who hase turnover less than Rs.1.50 lacs are liable to GST Annual Return or /and Annual Audit??

Thanks in advance.
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
04 October 2021 Not liable to file GSTR-9 and GSTR-9C
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Keyur

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Keyur (Querist)
04 October 2021 Is any statutory limit ?? Section??
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CMA Poornima Madhava

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CMA Poornima Madhava (Expert)
07 October 2021 Gstr9 is optional if the turnover is upto ₹2cr
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