Difference Between GSTR 9 And GSTR 9C | Ebizfiling

  Introduction 

 

An individual or a company which is registered under GST and has their GSTIN is required to file an annual return every year. The annual GST return filing by any registered taxpayer is done through forms GSTR 9, GSTR 9A, and GSTR 9C. GSTR 9 is an annual return that consists of details regarding the outward and inward supplies made or received during the said financial year under different tax heads i.e. CGST, SGST & IGST. On the hand, a taxpayer file GST returns 9C every year if their total revenue during the financial year exceeds five cores.

 

Even though both GSTR 9 and GSTR 9 are filed for the same purpose, there are a few differences between these forms. The main difference is GSTR 9 is filed by the normal taxpayer but GSTR 9C is filed by the taxpayer whose aggregate annual turnover is more than Rs.5 Cr. In this blog, we will talk all about the difference between GSTR 9 and GSTR 9C.

 





 

 What is GSTR 9? 


The GSTR 9 form is filed to submit the annual return of the company by all the registered taxpayers. It includes all the information about the outgoing and incoming supplies made during the particular financial year. The taxpayer is required to submit all GSTR-1, GSTR-3B, or GSTR 4 returns before filing GSTR 9. The GST registration holder will not be permitted to file an annual GST return if there are outstanding debts.

 

 What is GSTR 9C? 

 

Every registered taxpayer with an aggregate annual turnover of more than Rs. 5 Cr during a financial year is required to file GST return 9C. It is a reconciliation statement which is necessary to be certified by CA/ CMA.

 

 Key difference between the GSTR 9 and GSTR 9C 

 

The GSTR 9 (annual return) and GSTR 9 C (a reconciliation statement) have a few differences between them which are shown below:

 

 

The GSTR 9C (reconciliation statement) is dependent on the filing of GSTR 9 (annual return as there are certain fields that auto-filed from the GSTR 9 form. So the file GST return 9 should be filed very carefully. The taxpayers should keep in mind these common difference that GSTR 9C needs to certify by a CA/ CMA and GSTR 9 is to be self-certified by the taxpayers.

 

 

 

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