LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

Should i file GSTR9 for FY2017-18 if my Turn Over Less Than 2 Crore ? Or its Optional for me

28 January 2020

My turn over for FY2017-18 is less than 2 crore and the government made it optional for us to file GSTR9. So please suggest me either I should file it or not? if I don't file the same, will there be any consequences?

Reply
Follow
Share

7 Replies

Chandu Chowdary (58 Points)
Replied 28 January 2020

That is your wish and will according to act it is optional,there will be no consequences.

1 Like

Aditya Saran (3 Points)
Replied 28 January 2020

Thank you so much, brother. My CA told me that the department can query anytime, so we should file it. That's why I was asking !!!!

Neerav Yogesh Shah (article) (61 Points)
Replied 28 January 2020

Hi Aditya
Before making the Decision not to File GSTR-9, just make sure that data uploaded in GSTR-1 & GSTR-3B is accurate and the same are matching with your Financial statements.

GSTR-9 is a correction tool because if any wrong data is upload in GSTR1 & GSTR 3b than u can use the same for correction of ur data.

Ashraf Ali (30 Points)
Replied 28 January 2020

I say you file your 9 that is safety

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 28 January 2020

It's just optional not mandatory...

Anup Agarwal (1184 Points)
Replied 28 January 2020

It is optional if turnover is less than 2 Crores but it is advisable to file, wo that mistakes can be measured accordingly.

Sivaramaraju G (Learner) (2398 Points)
Replied 28 January 2020

Agree with neerav yogesh Shah, better cross check the details of taxable supplies and taxes paid with books of accounts if there is no difference then no need to file, if there is any contrary then file 9 correct mistakes.
Optional means what ever data you filed through GSTR 1 And GSTR 3B is considered as final data.