How to file GSTR9

How to file GSTR9
By IRISGST

What is GSTR-9?
GSTR-9 is an annual return form that needs to be filed once a
year by registered taxpayers under GST disclosing
• detailed summary of outward supply and
• taxes paid thereon,
• input tax credits claimed,
• taxes paid and
• refund claimed in the financial year in respect of which
such annual return is filed.

What does GSTR-9 Return form
consists of?
• The GSTR-9 return form consists of 19 tables grouped into 6
parts. the 6 parts can be broken down as follows:
– Part 1:It covers the basic details such as financial year, GSTIN, legal
name, and trade name (if any).
– Part 2: In this section, you need to provide consolidated details of all
your outward supplies and advances received on which tax is
applicable during the financial year for which the return is filed. You
also need to fill details of outward supplies on which tax is not
applicable as mentioned in the returns filed during the respective
financial year.

What does GSTR-9 Return form
consists of?
• Part 3:The tables under Part 3 deal with the Input Tax Credit
(ITC) details, which is divided further into 3 subsections as
follows:
– 1 st Sub-Section: In the first sub-section, you have to
mention the details of ITC availed as declared in returns
filed during the financial year. The mentioned details can
be obtained from FORM GSTR-3B.
– 2nd Sub-Section: In the second sub-section, you have to
provide details of ITC reversed and ineligible ITC as
declared in return filed during the financial year.
– 3 rd Sub-Section: The third sub-section asks for details of
other ITC details, which is auto-populated.
• Part 4:It covers details of actual tax paid during the financial
year.

What does GSTR-9 Return form
consists of?
• Part 5:You have to disclose details of amendments made
i.e. additions or deductions made for the supplies of the
previous financial year in the returns of April to
September of the current financial year or the date of
filing of an annual return for the previous financial year,
whichever is earlier.
• Part 6:In this part, you have to provide information of
any refund, demand, supplies received from composition
taxpayer, deemed supply and good send of approval
basis, HSN wise summary of outward and inward
supplies and if any late fee payable or paid.

What is the Penalty for Non-Filing of
GSTR-9?
• As per Section 47(2) of Central Goods and Service Tax Act
(2017),
– a person will be fined a penalty of INR 100 per day (CGST) + INR 100
per day (SGST), amounting to a total of INR 200 per day if he/she fails
to file GSTR-9 before the due date. However, the maximum amount of
penalty a person can be fined is 0.25% of the total turnover.

When is the due date for filing GSTR-
9?
• The due date for filing GSTR-9 is 31st December of the
subsequent financial year. For example, the due date for filing
GSTR-9 for the financial year 2017-2018 is 31st December
2018. However, the same has been extended until 31st August
2019.

How IRIS Sapphire can make GSTR 9
Filing Simpler
• IRIS Sapphire helps you to automate your GSTR 9 preparation and simplify
computation at various levels.
• It provides computation details auto-drafted in the GSTR 9 form. Using the
GSTR 1, 3B and Ledgers data uploaded, it computes the tables that get
available in auto-popuated GSTR 9.
• This enables you to verify and reconcile with the auto-drafted details.
• It gives a section-wise view of the GSTR 9 with auto-drafted details and
uploaded details.
• This makes the review process easier and efficient. This enables complete
as well as incremental save of data.
• IRIS Sapphire helps you bulk fetch of GSTR 9 auto-drafted details and also
provides reports based on GST Returns data and reconciliation results.
• This puts your GSTR 9 preparation on fast-track mode and supplements
the data preparation process for additional sections of GSTR 9.

https://www.irisgst.com/
• IRIS Business is a leading GST Suvidha Provider
(GSP) providing easy and efficient solutions for
GST (IRIS Sapphire) and E-way bill (IRIS Topaz)
compliance. To have your GSTR-9 queries
solved and to know more about our solution
for filing GSTR-9, please request for a free
demo or contact us at support@irisgst.com.