Is it mandatory or optional to file annual GST Return for a composite dealer having less than 1.5 cr. annual turnover?
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Quick Summary
This discussion clarifies the mandatory or optional nature of filing the annual GST return (Form GSTR-9A) for composite dealers with an annual turnover under 1.5 crore. For FY 2017-18 and FY 2018-19, filing GSTR-9A was made optional for these dealers, as per Circular No. 124/43/2019 - GST. The query seeks further clarification on the requirements for FY 2019-20 and subsequent financial years.
Filing of Annual Return ( FORM GSTR-9A ) for FY 2017-18 and FY 2018-19 for the Composition Scheme Dealers has been made "OPTIONAL". The same was clarified via Circular No. 124/43/2019 - GST, dated 18th November 2019.