GST Annual Return

The GST Annual Return (GSTR-9) is compulsory for businesses with an aggregate turnover exceeding ₹2 crores in the previous financial year. While relaxations were provided for FY 2017-18, 2018-19, and 2019-20 up to ₹2 crores, the GSTR-9 filing remains mandatory above this threshold. For FY 2019-20, mentioning the HSN summary for both inward and outward supplies is mandatory if the previous year's turnover was over ₹5 crores, or if it was below ₹2 crores but the company chooses to file GSTR-9.