is filing of gstr9 exempted for fy 2017-18& 2018-19?? for turnover below 1.50 crore...
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Quick Summary
For the financial years 2017-18 and 2018-19, filing the GSTR9 annual return is optional for businesses with an aggregate turnover below ₹2 crore. While not mandatory, it's advisable to file if you need to correct any discrepancies in your GSTR-1 or GSTR-3B filings. If you choose not to file, your return will be deemed filed using data from your GSTR-1, GSTR-2A, and GSTR-3B, but any errors in these will be carried forward.
Filing of Annual Return ( FORM GSTR-9 ) has been made "OPTIONAL" for FY 2017-18 and FY 2018-19 for taxable persons whose Aggregate Turnover is less than Rs. 2 crores.
So it is OPTIONAL but not EXEMPTED. But it is better to file Annual Return since you can rectify any mistakes caused in FORM GSTR-1 and FORM GSTR-3B.
Agree with Suresh Jain. If you do not file your Annual Return on the grounds of turnover being less than Rs. 2 crore, then "it will be deemed to be FILED". Information will be extracted from your GSTR-1, GSTR-2A and GSTR-3B. But the problem is that if any mistake was caused while filing FORM GSTR-1 or FORM GSTR-3B, then your Annual Return also will be filed with those mistake details.
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