GSTR 9 AND 9C

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This discussion clarifies whether GSTR 9 and 9C filing is mandatory for businesses with an aggregate turnover exceeding ₹2 crore in FY 2017-18, even if the turnover consists solely of nil-rated supplies. It confirms that filing is compulsory as nil-rated turnover is included in the aggregate turnover calculation. The discussion also explains that while GSTR 9 covers the period from 1 July 2017 to 31 March 2018, the aggregate turnover for GST audit purposes for FY 2017-18 should consider the entire financial year, with specific clarification on the period covered for the ₹2 crore threshold.

saurabh bansal

saurabh bansal (Querist)
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22 January 2020 IS GSTR 9 AND 9C FILE COMPULSORY FOR A PERSON MAKING TURNOVER (ONLY NIL RATED) MORE THAN RS. 2 CRORE DURING THE FY 2017-18

AND MANDATORY TO AUDIT UNDER GST

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 January 2020 Mandatory, since 'aggregate turnover' mentioned for the threshold limit of 2 crores
includes 'nil rated turnover'.

saurabh bansal

saurabh bansal (Querist)
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22 January 2020 for the pupose of gst audit turnover period count from 01.07.2017 to 31.03.2018 or 01.04.2017 to 31.03.2018

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 January 2020 GSTR 9 to include details from 1.7.2017 to 31.3.2018 but for considering aggregate turnover for GST audit, turnover of the financial year 2017-2018 to be considered,
though the audit will be w .r .t the period from 1.7.2017 to 31.3.2018.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 January 2020 For the purpose of finding out the turnover limit for Financial Year 2017-18, it has
been clarified in the government’s press release dated 3 July 2019. It shall cover
the period 1 -7- 2017 to 31-3- 2018 and excludes the first quarter of FY 2017-18.

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