GST Annual Return

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Hello All

I want to know what does the total aggregate turnover means when it says that GSTR9 is required to file by those registered tax payers whose aggregate turnover is above 2 crore 

Our Profit and loss account shows income of more than 2 crore which includes 70 lakhs of income as revenue from operations (on which GST is charged) and other 1 crore 30 lakhs as other income (i.e. income from dividend, interest on bonds, sale of assets, etc.)

Are we require to file GSTR9 or 9C???

 

 

 

Replies (3)
ALL taxable supplies(excluding RCM inwards), exempt supplies, export of goods and services, inter state supplies. therefore your case it exceeds 2 crore and reqd to file 9 and 9C

HELLO ROSHNI

Thanks for your reply

But can you explain how income from dividend and interest from bonds falls under taxable supplies as our taxable supplies is Rs. 70 lakh only

You are not required to file GSTR 9

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