What is GSTR-3B and when is it due?

GSTR-3B is a monthly self-declared summary GST return. For regular taxpayers, it is due by the 20th of the following month. Late filing attracts ₹50/day late fee (₹25 CGST + ₹25 SGST), capped at ₹5,000.

How do I reply to a DRC-01 GST notice?

DRC-01 is a show-cause notice for tax demand. Log in to GST portal, go to Services > User Services > View Additional Notices, select the notice and file a reply within 30 days — either agreeing and paying, or disputing with supporting documents.

What is the late fee for filing GSTR-1 late?

Late fee for GSTR-1 is ₹50/day (₹25 CGST + ₹25 SGST). For nil returns it is ₹20/day. Maximum cap is ₹10,000 per return. GSTR-1 is due by the 11th of each month for monthly filers.

Can I claim ITC on hotel and restaurant bills?

ITC on restaurant food and beverages is blocked under Section 17(5) CGST Act — not claimable. However, ITC on hotel accommodation is allowed if used for business purposes and the hotel provides a GST invoice with your GSTIN.

What is the GST registration threshold in India?

GST registration is mandatory if annual aggregate turnover exceeds ₹40 lakhs for goods (₹20 lakhs for special category states) or ₹20 lakhs for services (₹10 lakhs for special category states). E-commerce sellers must register regardless of turnover.

GST Annual Return GSTR-9: Complete Filing Guide 2024-25

sai krishna
Jun 7
2 min read

GSTR-9 is the annual return that consolidates all monthly/quarterly GST returns filed during the financial year. It is a reconciliation between what you reported monthly and the actual position.

Who Must File GSTR-9?

- All regular GST taxpayers with aggregate annual turnover above ₹2 crores (mandatory) - Taxpayers with turnover up to ₹2 crores (optional) - Composition scheme taxpayers file GSTR-9A (different form) - Input Service Distributors, casual taxable persons, and non-resident taxpayers are exempt

Key Tables in GSTR-9

Table 4: Details of outward and inward supplies declared during the FY - Compare GSTR-1 turnover vs GSTR-3B turnover - Any difference must be explained and additional tax paid if required

Table 6: Details of ITC availed during the FY - Must match the aggregate of all GSTR-3B Table 4 entries - Identify ITC claimed beyond GSTR-2B — must be reversed

Table 7: Details of ITC reversed during the FY - Rule 42/43 reversals - Section 17(5) blocked ITC reversals - Any other voluntary reversals

Table 8: Other ITC related information - Compares ITC as per GSTR-2A vs ITC claimed - Difference must be paid as additional tax with interest

Common Mistakes in GSTR-9 Filing

1. Turnover mismatch between GSTR-1 and GSTR-9 2. Forgetting to include credit notes in net turnover 3. Not including exempted/nil-rated supplies in total turnover 4. ITC reversal amounts not matching Rule 42/43 calculation 5. Not declaring supplies made on which RCM was paid by recipient

GSTR-9C: Reconciliation Statement

If turnover exceeds ₹5 crores, GSTR-9C (reconciliation statement) must also be filed, certified by a CA or CMA. It reconciles figures in GSTR-9 with audited financial statements.

Deadline and Late Fee

GSTR-9 deadline: 31st December of the following financial year. Late fee: ₹200 per day (₹100 CGST + ₹100 SGST) subject to a maximum of 0.25% of turnover in the state.

Strategy for Clean Filing

Step 1: Reconcile GSTR-1 with sales register Step 2: Reconcile GSTR-3B ITC with GSTR-2B Step 3: Calculate Rule 42/43 reversal for the year Step 4: Pay any additional tax identified, with interest Step 5: File GSTR-9 before deadline

Disclaimer: Consult your CA for case-specific advice.