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IS GSTR9 ANNUAL RETURN IS MAMDATORY

pratik sanjay mohadikar (accountant) (93 Points)

01 September 2020

Hi Some of our clients has turnover is less than 2 Crore, Is it compulsory to him to file Annual Return. Google said that it's not mandatory. please clarity. I have filled final return (his business is closed).Thanks

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4 Replies

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 01 September 2020

Not mandatory For F.Y 2017-18 and F.Y 2018-19 if turnover less than 2 Crores.

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

As per Notification No. 47/2019 - Central Tax, dated 09th October 2019 read with Circular No. 124/43/2019 - GST, dated 18th November 2019, Filing of GST Annual Return (FORM GSTR-9 ) for FY 2017-18 & FY 2018-19 has been made "OPTIONAL" for the Taxpayers having Aggregate Turnover upto Rs. 2 crores.

It is Mandatory only for those Taxpayers whose Aggregate Turnover exceeds Rs. 2 crores for the said Financial Years.

Regards,
Shivam RC.

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