What is the turnover limit for filing GSTR-9, annual return. Arvind kumar varanasi
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Quick Summary
The GSTR-9 annual return is mandatory for businesses with an annual turnover exceeding Rs. 2 crore. However, certain taxpayers are exempt, including casual taxpayers, Input Service Distributors, non-resident taxpayers, and those deducting or collecting tax at source. For the financial year 2020-21, the turnover threshold for GSTR-9 filing was up to Rs. 2 crore.
GSTR-9 is compulsorily applicable to taxpayers with an annual total turnover of more than Rs. 2 crore.
All registered taxpayers are required to file GSTR-9 except Casual taxpayers, Input Service Distributors, Non-resident taxpayers, and Taxpayers deducting/collecting tax at source under Section 51 or Section 52