GST Annual Return Due Date (2023)

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Every taxpayer has to file GST returns for every GSTIN that he is registered.

A GSTR must be filed by all registered persons under the CGST and SGST Acts.

• Casual Taxable Individual
• Non-Resident Taxable Person
• Individual who collects TCS or deducts TDS
• Distributor of input services

Different types of taxpayers are subject to the annual GSTR:

• The Normal taxpayers need to fill out the GSTR 9 form
• The Composition taxpayers need to fill out the GSTR 9A form
• The eCommerce operators need to fill out the GSTR 9B form

GSTR-9 must be filed on December 31st following a financial year. Accordingly, GSTR-9 due dates for financial years 2021-22 are December 31, 2022.

This article will guide you through all the information regarding GST annual return due date. 

Without further delay, let’s get started. 

Is GST annual return compulsory?

Yes, it is compulsory to file annual return. You have to file returns for each registrations separately for multiple GST registrations, under the same PAN, whether in the same State or different States.

Is Gstr-1 yearly return?

All GST taxpayers are required to file GSTR-1 quarterly or monthly, except for a few, as discussed further in this section. 

Outward supplies, or sales, are included in this document.

What is r1 return in GST? 

The GSTR-1 is a monthly, quarterly, or bi-annual form that is to be furnished by all regular and casual taxpayers making outward supplies of goods or services.

GSTR 1 provides details about sales and taxes owed on a monthly/quarterly basis.

Taxpayers are required to file GSTR 1 monthly/quarterly.

Who should file Gstr annual return?

If you have an annual turnover of Rs. 2 crores and is registered under GST, then you should file GST annual returns.

However, a certain category of people are not required to file returns, these are input service distributors, casual taxable persons and non-resident taxable persons.

What is gstr1 and Gstr 2?

Difference between GSTR-1 and GSTR-2 are:

GSTR 1	GSTR 2
Return of reporting	Return of also a reporting
Represents the return of outward supplies i.e. return of sales	Represents the return of inward supplies i.e. return of purchases made by you
The transactions made on the previous month of the business under sales, will be filed here	The transactions made on the previous month of the business under purchase, will be filed here
Due date: 11th of every month	Due date: 15th of every month
Penalty: Rs. 200 per day of delay	GSTR-2 is currently a suspended GST return

Is Gstr 9C compulsory for everyone?

Yes, GSTR-9C is compulsory. It is required to be filed by every registered person whose aggregate turnover is above a certain threshold during the financial year, as notified by way of Notifications issued by Government from time to time.

How to file GST annual return?

Steps to file GST annual return.

1. Log in and go to Form GSTR-9, Annual Return for Regular Taxpayer.
2. Download Table 8A Document Details, Form GSTR-1, Form GSTR-3B, and Form GSTR-9 Summary.
3. Add information to the various tiles.
4. Check out the Draft GSTR-9 Synopsis.
5. Calculate your obligations and pay any late fees.
6. See the Draft GSTR-9.
7. submit Form GSTR-9 along with DSC/EVC.

How do I calculate my GST annual return?

Here is the step-by-step guide to calculate GST annual return:

1. log in to GST Portal and click on ‘Returns Dashboard’ and then click on ‘Annual Return’.
2. Now answer a questionnaire to choose between a NIL return or an annual return with data.
3. Enter requisite details of advances, inward and outward supplies in various tables for the financial year.
4. Then preview draft GSTR-9 in excel or PDF format.

What is the penalty for not filing GST annual return?

The penalty requirements of the GSTR-9 annual return form require the taxpayer to pay Rs. 200 each day as a penalty, of which Rs. 100 is SGST and Rs. 100 is CGST.

It should be noted that the total fine cannot be greater than 0.25 percent of the total turnover for which the fine is being assessed.

FAQ: GST annual return due date

Is GST annual return mandatory for small business?

Yes, for all small businesses registered under GST, it is mandatory for them to file annual GST returns under the GST Act.

How much is a Gstr 1 penalty?

Penalty of Rs. 50 per day is charged from you if you have not filed GSTR 1.

For taxpayers who do not file GSTR 1, the penalty for late filing will be INR 20 per day.

Can we file GST return without CA?

If you have thorough knowledge of GST laws, you can easily file GST returns.

What is the last date for GST annual return 2021-22?

December 31st of the year following the relevant financial year, is the last date for filing GSTR-9 for a financial year.

What is GST composition annual return due date 2022-23?

The GSTR 4 filing due date is the 30th of April following the applicable fiscal year. GSTR-4 for FY 2022–23 must be filed by April 30, 2023.

Wrapping Up

We hope your all queries related to GST annual return due date 2022 are answered. In case you have any query, feel free to comment in the comments section below.

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