Below the GST norms, the GSTR 9 annual return form is applied to all the usual assessees where all the related information of SGST, CGST, and IGST transactions of the whole year needed to be furnished. CA portal is enabled to give all the information about user GSTR 9 due dates for FY 2022-23 and the prolonged GSTR 9 extension news notification for the usual assessment form.

What is GSTR-9 Annual Return?

GSTR 9 is a yearly return that is to be furnished annually through the assessments below GST. some facts must have to be kept in mind such as:

It includes information about the outward and inward supplies furnished or concluded during the previous year beneath distinct tax councils such as CGST, SGST & IGST, and HSN codes. It is a merger of all the monthly or quarterly returns (GSTR-1, GSTR-2A, GSTR-3B) furnished in a particular year. It is however harder but this return assists in the boundless adjustment of data for 100% clear declarations. 

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Who should file GSTR-9, the Annual Return?

All the assesses enrolled below GST must file their GSTR 9. Although the mentioned below items are not needed to file the GSTR-9:

• Taxpayers opting for composition scheme (They must file GSTR-9A) 
• Casual Taxable Person 
• Input service distributors 
• Non-resident taxable persons 
• Persons paying TDS under section 51 of the CGST Act.

GSRT 9 Due Date, late fee, and Penalty

The late fee for not furnishing the GSTR-9 form within the left date is Rs 100 per article per day. It reveals that late fees of Rs 100 below CGST and Rs 100 beneath SGST will be liable for the late cases. 

Rs 200 per day is subjected as a sum liability for failure. It is entitled to a highest of 0.25% of the assessee’s turnover in the related state or union territory. But till now there is no late fee on IGST. 

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What is the Information Needed to be fulfilled in the GSTR-9?

The GSTR-9 is divided into 6 parts and 19 sections. Every part questions the information that is simply present from your previously furnished returns and account books. 

• In the Form, it questions the yearly sales, dividing it between the cases which are liable to be taxed or not.
• On the buying portion, the yearly value of inward supplies and ITC claimed is to be reported. 
• Inputs, input services, and capital goods are the objectives where the buys are to be bifurcated. The information of ITC which is required to get interchanged is to be entered as of the ineligibility. 

39th GST Council Meeting Updates for Annual Return Form

• The GST department discharged the MSMEs to file the reconciliation statement in GSTR- 9C for FY 2018-19 for an average turnover of Rs 5 cr.
• Reconciliation Statement and yearly return for the financial year 2018-19 the last date has been prolonged till 30th June 2020. But CBIC has prolonged the date till 30th September 2020.
• Yearly return and the settlement statement for the fiscal year 2017-18 and 2018-19 the late furnishing penalty discounted for the assesses who has a turnover of Rs 2 crores.

Sales	GSTR 9	GSTR 9C
Up to 2 Cr	Optional	N/A
More than 2Cr. – 5 Cr	Filing is mandatory	Optional (Benefit Given)
More than 5Cr	Filing is mandatory	Filing is mandatory

Annual Return GSTR 9 Due Date for FY 2022-23:

Form Name	Return Annually	Updated Due Date
GSTR 9 (Annual Return)	FY 2022-23	31st December 2023
GSTR 9 (Annual Return)	FY 2021-22	31st December 2022
GSTR 9 (Annual Return)	FY 2020-21	31st December 2021 To 28 February 2022 Read notification

Latest News/Updates of GSTR 9 Form:

• “GSTR 9 form due date has been extended till 30th June 2020 from 31st March 2020 for FY 2018-19 in the 39th GST Council meeting. Late fees not to be levied for delayed filing of the Annual Return and the Reconciliation Statement for the financial year 2017-18 and 2018-19 for taxpayers with aggregate turnover less than Rs. 2 crores.” Read Official Press Release
• “Central Board of Indirect Taxes & Customs (CBIC) notified the amendments regarding the simplification of GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) which inter-alia allow the taxpayers to not to provide a split of input tax credit availed on inputs, input services, and capital goods and to not to provide HSN level information of outputs or inputs, etc. for the financial year 2017-18 and 2018-19.”
• The Central Board of Indirect Taxes and Customs (CBIC) has issued an announcement to allow Input Tax Credit( ITC) claims and correction of invoices till 30th November 2022. Read Notification
• “Seeks to amend Rule 80 of the CGST Rules, 2017 and notify Form GSTR 9 and 9C for FY 2020-21. Rule 80 provides for exemption from GSTR-9C to taxpayers having AATO up to Rs. 5 crores.” Read Official Press Release
• “Extension of due dates for FORM GSTR-3B, GSTR 7 and GSTR 1 for the month of July 2019 to January 2020 till 24th March 2020 for registered persons having principal place of business in the Union territory of Ladakh.” Read Official Press Release
• The institute of cost accounts of India has cordially demanded ministry of finance not to extend the threshold limit for filing GST Annual Returns and Audit Forms.
• Central Board of Indirect Taxes has once again changed the due date for GSTR 9 and 9C filing.
• Small businesses and taxpayers will be exempt from the annual compliance of GSTR 9, 9A and 9C.