GST department has released Consolidated FAQs on GSTR -9/9C for FY 2024-25 [Download PDF]

GST department has released Consolidated FAQs on GSTR -9/9C for FY 2024-25. You can check the FAQs and download PDF.

GSTR-9 and GSTR-9C are annual GST compliance forms that businesses in India must file under the Goods and Services Tax (GST) law.

What is GSTR-9?

GSTR-9 is an annual return filed by GST-registered taxpayers. It is a summary of all GST returns filed during the financial year, including:

• Outward supplies (sales)
• Inward supplies (purchases)
• Input Tax Credit (ITC) availed or reversed
• Tax paid (CGST, SGST, IGST, cess)

Who should file GSTR-9

• Regular GST taxpayers

Who is not required to file

• Composition dealers (they file GSTR-9A)
• Input Service Distributors (ISD)
• Casual taxable persons
• Non-resident taxable persons

What is GSTR-9C?

GSTR-9C is a reconciliation statement between:

• GSTR-9 (GST returns) and
• Audited financial statements

It is certified by a Chartered Accountant (CA) or Cost Accountant. It includes:

• Reconciliation of turnover
• Reconciliation of tax paid
• Differences between GST returns and books of accounts
• Auditor’s certification

Who should file GSTR-9C

• Taxpayers whose annual aggregate turnover exceeds the prescribed limit (as notified under GST law)

Key difference between GSTR-9 and GSTR-9C

Point	GSTR-9	GSTR-9C
Type	Annual GST return	Reconciliation statement
Filed by	Taxpayer	Taxpayer + CA/CMA certification
Purpose	Summary of yearly GST data	Reconcile GST returns with books
Based on	GSTR-1, GSTR-3B	GSTR-9 and audited accounts

Due date

The due date for GSTR-9 and GSTR-9C is generally 31st December following the end of the financial year, unless extended by the government.

In simple words

• GSTR-9 tells the government what you reported in GST for the whole year.
• GSTR-9C confirms whether your GST data matches your audited books of accounts.