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Filling of GSTR-9

Amol Pawar (Accountant) (99 Points)

22 April 2020

It is compulsory to file GSTR-9 for proprietary firm if turnover is less than 1.50 Coror for the FY 2017-18

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RAJA P M ("Do the Right Thing...!!!") (127233 Points)
Replied 22 April 2020

No... It's optional as per Your turn over.

Amol Pawar (Accountant) (99 Points)
Replied 22 April 2020

Thanks Mr. Raja Sir

Shivam RC (Student) (23683 Points)
Replied 22 April 2020

Filing of Annual Return ( FORM GSTR-9 ) for the first two financial years of GST i.e. FY 2017-18 and FY 2018-19 has been made "OPTIONAL" for those Taxpayers whose Aggregate Turnover does not exceeds Rs. 2 Crores, vide Notification No. 47/2019 - Central Tax, dated 09.10.2019.

Moreover the CBIC vide Press Release dated 14th March 2020 clarified that no Late Fees will be levied for delayed filing of Annual Return for the FY 2017-18 & FY 2018-19 for those taxpayers having Aggregate Turnover upto Rs. 2 crores.

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