Annual Return
Annual return is for reporting the summary of the periodic returns filed during a financial year. In simple words the complete record of transaction related to purchase & supply of goods and service reported in periodic return filed for a completed financial year.
Who is Required to File
Every registered person, other than an "Input Service Distributor", a person paying tax under section 51 (persons who are required to deduct tax) or section 52 (electronic commerce operator who is required to collect tax at source) , a "casual taxable person" and a "non-resident taxable person", shall furnish an annual return as specified under sub-section (1) of section 44 electronically in "FORM GSTR-9" through the common portal either directly or through a Facilitation Centre notified by the Commissioner:
Provided that a person paying tax under section 10 (composition scheme) shall furnish the annual return in "FORM GSTR-9A."
Every "electronic commerce operator" required to collect tax at source (TCS) under section 52 shall furnish annual statement referred to in sub-section (5) of the said section in "FORM GSTR -9B".
Every registered person whose aggregate turnover during a financial year exceeds two crore rupees (2 Crore) shall get his "accounts audited" as specified under sub-section (5) of section 35 and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in "FORM GSTR-9C", electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.
Due Date For Filing
The government has notified a new return form for goods and services tax (GST) that will have to filed for the full year. The last date for filing the annual return for F.Y. 2017-18 is December 31 2018.
Check Rule 80 of Central Goods & Service Tax Rules 2017.
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