Should need to file gstr9 fy 2023-24 turnover 2.10cr
This query is : Resolved
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VIKAS KUMAR SHARMA
(Querist)
17 March 2025
Sir
Turnover fy 2023-24 was Rs 2.10cr (with gst 2.48 cr) should we need to file gstr 9 or exempted
while on gst portal it shows turnover fy 2023-24 Rs 77 lac and estimated turnover Rs 1.03 cr
please suggest
Regards
Turnover fy 2023-24 was Rs 2.10cr (with gst 2.48 cr) should we need to file gstr 9 or exempted
while on gst portal it shows turnover fy 2023-24 Rs 77 lac and estimated turnover Rs 1.03 cr
please suggest
Regards
19 March 2025
It is liable to be filed.
TO is to be determined as per books and not as per GST portal. Check 26AS for more details on the TO if it has crossed the threshold limit of 2Cr
TO is to be determined as per books and not as per GST portal. Check 26AS for more details on the TO if it has crossed the threshold limit of 2Cr
VIKAS KUMAR SHARMA
(Querist)
19 March 2025
is their any penality to filed gstr 9 fy 2023-24 ?
CA Rashmi Gandhi
(Expert)
23 March 2025
As per Notification No. 14/2024-CT dated 10.07.2024, taxpayers with an aggregate turnover of up to ₹2 crore in the financial year 2023-24 are exempt from filing GSTR-9.
In your case, since the turnover for FY 2023-24 is ₹2.10 crore, you are required to file GSTR-9. However, the discrepancy between your records and the turnover reflected on the GST portal (₹77 lakh) suggests a possible error in reporting. It is advisable to reconcile your books with GSTR-1 and GSTR-3B to ensure accuracy.
If the portal displays incorrect figures, you may need to raise a grievance on the GST helpdesk for correction. Given that your turnover exceeds ₹2 crore, it is mandatory to file GSTR-9 before the due date of 31st December 2024 to avoid penalties.
In your case, since the turnover for FY 2023-24 is ₹2.10 crore, you are required to file GSTR-9. However, the discrepancy between your records and the turnover reflected on the GST portal (₹77 lakh) suggests a possible error in reporting. It is advisable to reconcile your books with GSTR-1 and GSTR-3B to ensure accuracy.
If the portal displays incorrect figures, you may need to raise a grievance on the GST helpdesk for correction. Given that your turnover exceeds ₹2 crore, it is mandatory to file GSTR-9 before the due date of 31st December 2024 to avoid penalties.
VIKAS KUMAR SHARMA
(Querist)
23 March 2025
thanks for your prompt reply SIR
If we submit GSTR 9 directly, THAN NEED TO RAISE GRIEVANCE Regarding turnover figures?
what will be penality? which challan need to apply for penality challan?
regards
Vikas
If we submit GSTR 9 directly, THAN NEED TO RAISE GRIEVANCE Regarding turnover figures?
what will be penality? which challan need to apply for penality challan?
regards
Vikas
CA Rashmi Gandhi
(Expert)
23 March 2025
Addressing the Turnover Discrepancy:
Raise a Grievance: To correct the turnover figures on the GST portal, you should raise a grievance through the GST self-service portal.
Steps to Raise a Grievance:
Log in to the GST portal.
Navigate to 'Services' > 'User Services' > 'Grievances/Complaints'.
Enter the keyword related to your issue in the 'Type of Issue/Concern' box. If no match is found, select the most relevant category and sub-category from the dropdown boxes.
Follow the prompts to lodge your complaint.
Penalties for Late Filing of GSTR-9:
Late Fee Structure: A late fee of ₹200 per day (₹100 under CGST and ₹100 under SGST) is applicable for delayed filing of GSTR-9. This fee is subject to a maximum of 0.5% of the taxpayer's turnover in the relevant state or union territory.
Payment of Penalties:The late fee must be paid in cash and cannot be offset against the input tax credit available in the electronic credit ledger. Same is to be paid through challan payment option and will be offset directly at the time of filing of return.
Raise a Grievance: To correct the turnover figures on the GST portal, you should raise a grievance through the GST self-service portal.
Steps to Raise a Grievance:
Log in to the GST portal.
Navigate to 'Services' > 'User Services' > 'Grievances/Complaints'.
Enter the keyword related to your issue in the 'Type of Issue/Concern' box. If no match is found, select the most relevant category and sub-category from the dropdown boxes.
Follow the prompts to lodge your complaint.
Penalties for Late Filing of GSTR-9:
Late Fee Structure: A late fee of ₹200 per day (₹100 under CGST and ₹100 under SGST) is applicable for delayed filing of GSTR-9. This fee is subject to a maximum of 0.5% of the taxpayer's turnover in the relevant state or union territory.
Payment of Penalties:The late fee must be paid in cash and cannot be offset against the input tax credit available in the electronic credit ledger. Same is to be paid through challan payment option and will be offset directly at the time of filing of return.
VIKAS KUMAR SHARMA
(Querist)
24 March 2025
thanks for YOUR prompt reply
one more your kind advise required
should we wait for data update on portal after greivance request send OR just file GSTR9????
one more your kind advise required
should we wait for data update on portal after greivance request send OR just file GSTR9????
CA Rashmi Gandhi
(Expert)
25 March 2025
Just file GSTR-9, no need to wait for data update
VIKAS KUMAR SHARMA
(Querist)
25 March 2025
thanks for your kind advise
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