GST Annual Return Filing

What is GST Annual Return Filing?

GSTR 9 is an annual tax return that includes information about the supplies you produced and received over the year. The GSTR 9 is a document or declaration that a registered taxpayer must file once a year. This record will describe all supplies made and received for the year under several tax headings (CGST, SGST, and IGST) and turnover and audit information. The government has established the GSTR 9C audit form, which taxpayers must file every year with a turnover of more than Rs 2 crore. It's essentially a reconciliation statement between the taxpayer's audited yearly financial statements and the annual returns filed in GSTR 9.