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NON FILING OF 9C IN FY 17-18

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CHANDER KANT AZAD

PROPRIETOR

48 Points Posted on 02 March 2023

THIS IS REGARDING NON-Filing of 9C FY 2017-18 annual return by me.

Some Figures:

Total Turnover for FY 17-18 was 42.414.846.42 (4.24 crores)

in this stock transfer to own branch was 22.379.236.28 (2.23 crores)

Gst Period Turnover was 26.835.263 (2.68 crores)

in this Stock transfer to own branch was 12.794.108 (1.27 crores)

therefore Nett sales to registered/unregistered/consumers was 1.41 crores.

my question :

1. was i required to file 9C Return, if yes

2. what is remedy now

3. What is the max Penalty / interest / Fine etc that can be imposed on me.

4. also is there any amnesty scheme in the current year for filing the same.

Thanks and Regards

Replies (2)

Quick Summary

This discussion addresses the non-filing of the GSTR-9C annual return for the financial year 2017-18. The user had a total turnover of over £4.24 crores, with significant inter-branch stock transfers. A chartered accountant clarifies that GSTR-9C was mandatory for FY 17-18 if turnover exceeded £2 crores. The penalty for non-filing is £50,000, and the discussion seeks information on remedies and potential amnesty schemes.