Today we will tell you GSTR-9 and GSTR-9C Comparison. As by CBIC, from the time the GSTR-9 and GSTR-9C return form have been released, there are tenacious doubts who file returns whether the detail and information required for these forms are same or not.
Some updates on GSTR-9 and GSTR-9C
Recent update as on 14th March 2020
No late fee will be charged for the taxpayers who have business all turnover lesser than Rs. 2 crores for the financial year 2017-18 & 2018-19 for the delay in filing GSTR-9.
*Notification by CBIC
Recent update as on 23rd March 2020
- The expected date for GSTR-9 and GSTR-9C filing will be 30th June 2020 for the financial year 2018-19.
- The businesses who have a turnover less than Rs. 5 crores, they are relinquished on the filing of GSTR-9C for the financial year 2018-19.
Update as on 31st January 2020
The late date to file the return form for GSTR-9 and GSTR-9C is extended by 3rd, 5th and 7th of February 2020 as:
1) For 3rd February 2020:
The states which have to file the return by 3rd February are Karnataka, Kerela, Puducherry, Andhra Pradesh, Telangana, Maharashtra, Goa, Tamil Nadu, other territories.
2) For 5th February 2020:
The states which have to file the return by 5th February are Himachal, Chandigarh, Punjab, Haryana, Delhi, Gujarat, J&K, and Rajasthan.
3) For 7th February 2020:
The states which have to file the return by 7th February are Andaman & Nicobar Islands, Jharkhand, Madhya Pradesh, Dadra and Nagar Haveli and Daman and Diu, Bihar, Sikkim, Nagaland, Manipur, Arunachal Pradesh, Tripura, Mizoram, West Bengal, Odisha, Meghalaya, Assam, Chattisgarh, Lakshadweep
Update as on 3rd February 2020
The due date for filing the GSTR-9 and GSTR-9C form has been extended to 5th-7th February 2020 as led by CBIC as are:
1) 5th February 2020:
The due dates have been extended to 5th February for the states are Haryana, Jammu and Kashmir, Rajasthan, Punjab, Uttar Pradesh, Tamil Nadu, Chandigarh, Delhi, Gujarat, Ladakh, Uttarakhand.
2) 7th February 2020:
The due dates have been extended to 7th February for the states are:
Karnataka, Kerala, Lakshadweep, Madhya Pradesh, Maharashtra, Manipur, Andaman and Nicobar Islands, Telangana, Tripura, Goa, Himachal Pradesh, Jharkhand, Meghalaya, Mizoram, Nagaland, Odisha, Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu, Odisha, Puducherry, Sikkim, West Bengal and Other Territory
Excluding Tamil Nadu, all the states and other territories who had to file the GSTR-9 and GSTR-9C form on 3rd February 2020 had been extended by 7th February 2020. The last date to file returns in Tamil Nadu is extended to 5th February 2020.
The date for documenting GSTR-9 and GSTR-9C for all States or Union Territories prior due on 5th February 2020 stays unaltered aside from the expansion of Ladakh. The due date for the territory of Himachal Pradesh is currently extended to 7th February 2020. Additionally, the due date for citizens in Uttar Pradesh, prior being seventh February 2020 is currently preponed to fifth February 2020.
For other states and territories who were earlier part of this group, 7th of February is the last date which will not be changed, with the expansion of Himachal Pradesh and the elimination of Uttar Pradesh.
* CBIC Notification was not given
Rapid differentiation on GSTR 9 & GSTR 9C:
|Points to discuss are:||GSTR-9||GSTR-9C|
|CHARACTER||is a reinforcement of all the GST returns.|
is a systematic statement about GST return which is verified through a CA/CMA/Auditor for GST department to take further actions.
|FILING PERSON||can be filed by those who are GST normal registered taxpayers.||can be filed by the GST enrolled citizen to whom GST audit has been reviewed.|
WHO CAN’T APPLY?
|applied on a person except for the non-resident taxable person, Input Service Distributor, the person paying taxes under Section 51 and 52, who opted for composition scheme and the casual taxable person.||applied on persons expect mentioned under GSTR-9 including a registered taxpayer whose annual financial year turnover is lesser than Rs. 2 crores.|
|LAST DATE TO APPLY||return can be filed until 31st December of succeeding financial year.|
return can be filed either with GSTR-9 or after filing it until 31st December of succeeding financial year.
|total late fees is Rs.200 per day for the delay you make. This is dependent upon a limit of 0.25% of the citizen’s turnover in the applicable state or association region.||has a general penalty of Rs. 25000 and no other specifics are known.|
|HOW TO FILE||return can be filed through GST portal||return can be filed through GST portal after completion of GSTR-9 return filing.|
contains information of the turnovers, ITC, paid taxes, the penalty in the middle of July 2017 and March 2018 with the revision made in the middle of April 2018 and September 2018. The assertion of requests/discounts, supplies from organization sellers, Job works, merchandise sent on an endorsement premise, HSN wise synopsis of outward and internal supplies, late expenses payable is required.
|has two parts as Part A – Reporting of compromise required between turnover, a charge paid and ITC. Report on Auditor’s proposal for any extra assessment risk and Part B -Certificate by GST Auditor/CA/CMA.|
|CERTIFICATION||don’t need certification by CA/CMA but must be certified by the taxpayer using a DSC.||need certification of GST auditor who is a Chartered Accountant through DSC and also certified by the taxpayer using a DSC.|
|APPENDIX||doesn’t require any appendix||require appendix of the audited annual statement|
*The last date to file GSTR-9 and GSTR-9C for the Financial year 2017-18 has been extended to 5th & 7th February 2020 and for the Financial year 2018-19 has been extended to 30th June 2020.
Therefore, GSTR-9 should be filed by every registered GST taxpayer disregarding of their turnover.
*GSTR-9 is an annual return which has to be filed the normal registered taxpayers who have GST registration done. This return has to be filed on a yearly basis.
*GSTR-9C return is enrolled by the individual having a total turnover of more than Rs. 2 crores in a financial year. The taxpayer should have a chartered account to get the audit of his accounts.
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