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GSTR-9 F.Y.2018-19

satyanarayana (Accountant) (149 Points)

01 May 2020

Sir,

Turnover up to 1 Core Business GSTR-9 Return Filling Mandatory or Optional In F.Y. 2018-19.

Kindly Give Suggestion .

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8 Replies

CA Altamush Zafar (GST Consultant) (15907 Points)
Replied 01 May 2020

Optional but if there is any mismatch between any of your returns and books its better to file.

CA Parth Shah (Job - Practicing in GST) (141 Points)
Replied 01 May 2020

It's optional and no need to file.....but make sure U are available with all reconciliation not for authority but for your business as well because it may have impact

1 Like

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 01 May 2020

Yes it's optional for taxpayer whose aggregate Turnover is below 2crore & shall be deemed to be furnished on the due date if it has not been furnished before the due date.

(Refer Notification 47/2019 CT )

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RAJA P M ("Do the Right Thing...!!!") (127140 Points)
Replied 01 May 2020

@ Mr Satyanarayana.,

Annual return is optional for turn over up-to 2cr dealers.

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Shivam RC (Student) (23683 Points)
Replied 01 May 2020

Filing of Annual Return ( FORM GSTR-9 ) has been made "OPTIONAL" for the Taxpayers having Aggregate Turnover upto Rs. 2 Crore vide 'Notification No. 47/2019 - Central Tax, dated 09.10.2019.'

Hence it is "OPTIONAL" for you...

Also for FY 2018-19, filing of FORM GSTR-9C ( RECONCILIATION STATEMENT and AUDIT REPORT ) has been made "MANDATORY" only for those taxpayers having Aggregate Turnover of "More than Rs. 5 Crore." Notification No. 16/2020 - CT, dated 23.03.2020 was issued to amend CGST Rules 2017. A new PROVISO has been inserted to sub Rule (3) of Rule 80 of the CGST Rules 2017.

3 Like