Ans. GSTR-9 is a type of GST Return that has to be annually filed by every registered taxpayer under GST. Moreover, this Annual GST Return consists the consolidated information of all the monthly or quarterly returns filed during that particular year.
Ans. When the taxpayer shifts his business from composition scheme to regular or vice-versa he has to file separate GST annual return:
At the time of filing these GST Annual return, he has to segregate the turnover received under different period.
Ans. In case if the value of CGST, SGST and IGST interchanges then it cannot be corrected at the time of furnishing GSTR-9. Table 9 of the GSTR9 cannot be amended except the column of tax payable.
Howsoever, the taxpayer can correctly furnish the actual taxes payable under the different head at the time of amending Table9 but this will not automatically adjust the taxes under CGST, SGST, and IGST.
Any shortage of taxes can be paid off either at the time of filing GSTR-3B of the next month or DRC-03. Whereas, the taxpayer shall claim a refund for the excess amount of taxes. Moreover, there will be no interest on the short paid taxes.
Ans. GSTR-9 Table 4 ask for both the B2B and B2C details of supplies. In such a case, the taxpayer has to report such sale under the head B2C sales as it was wrongly reported in GSTR-1 as B2B supply.
Ans. As per section 54 of the CGST Act if taxes are incorrectly or excess paid in GSTR-3B the same can be refunded in GSTR-3B or can be adjusted against next month tax payments. Howsoever, the taxpayer cannot claim the refund through GSTR-9. The taxpayer can claim the refund by drafting an application on the GST portal.
Ans. In such, a case the taxpayer has to report such a correction in Table 5A of GSTR9 instead of Table 4A.
Ans. If the taxpayer does not execute the letter of undertaking that it counted as procedural non-compliance. It does not turn the nature of such transaction from the exports “without payment of tax’” to “payment of tax.” Moreover, the taxpayer has to furnish this detail in the Table-5 of GSTR-9 as “Exports without payment of tax.”
Ans. The taxpayer has to furnish the reports in
Ans. In case the taxpayer has wrongly reported the reverse charge in GSTR 3B than in such a case he/she should correctly report the reverse charge in Table 4G of the GSTR9 Form.
Ans. No, it is not possible as the incidence of the tax will be transferred to the recipient.
Ans. Yes, the taxpayer can use the form GSTR3B to furnish GSTR-9 Form. Moreover, the data is editable except Table 6A that deals with Total amount of ITC claimed/availed.
Ans. The taxpayer cannot claim the additional credit in GSTR-9 from that was not availed in GSTR3B form.
Ans. The difference between ITC details from GSTR-2A and GSTR-3B has to be furnished in GSTR-9 form under the following two columns:
Ans. Majorly the GSTR-9 Form gets auto-populated from GSTR-1 and GSTR-3B form. However, a taxpayer can edit these auto-populated fields but in case if the deviation in the values is more than 20% then that particular cell will be highlighted with red color. In addition to this, it will show a pop-up message asking “If the taxpayer wants to proceed?”
Ans. If you have missed any reversal of ITC in the GSTR3B of the past month then such ITC can be reversed in the subsequent month GSTR3B. In the form GSTR9, same shall be correctly reported in Table-7 as well any excess liability created due to this shall be settled.
Ans. In case if a taxpayer has missed any outwards supply in GSTR3B of previous Financial Year then in such a case it can be furnished in the Table-10 of GSTR9 Form. The details of such outward supply must show the net value of debit/credit notes.
Ans. In Table 13 of GSTR-9 Form, the taxpayer has to furnish the ITC of those goods or/and services that were received in the previous FY but availed in the current FY. In simple words, the taxpayer has to mention the ITC availed in the current FY that is related to the previous FY that does not include a reversal.
Q.18. I want to know whether the stock transfers and cross charges under the same PAN included in aggregate turnover?
Ans. As per Subsection 6 of Section 2 CGST Act defines that the term aggregate turnover includes all the inter-state supplies of a person having the same PAN. So, as per this both stock charges and cross charges are included in the aggregate turnover of the person having the same PAN.
Ans. If a taxpayer chooses wrong HSN and SAC code then, in that case, it will lead to incorrect GST rate. This, in turn, will lead to a change in tax liability. In addition to this buyer’s ITC will also get impacted as per Section 31 of CGST Act that says the taxpayer must show correct HSN/SAC code for all the goods and services.
Ans. Here are the eligibility criteria for furnishing Nil GSTR-9:
Ans. In Table 5F of the GSTR-9, the taxpayer has to mention those transactions that are neither supply of goods or nor supply of services.
Ans. In Table 15A of GSTR-9, the taxpayer shall mention those GST Refunds that were claimed between the months of July to March of the next year. In case if the GST Refund is taken after 31st March the same shall not be mentioned in Table 15B.
Ans. Yes, a taxpayer can edit these fields in GSTR9 that auto-populated by GST Network and these fields include
Ans. Yes, if a taxpayer is unregistered as on 31st March but was registered anytime between the month of July to March is required to file GSTR-9 for the period during which he was registered.
Ans. GSTR-9 is a type of GST Return which has to file by the regular taxpayer annually whereas GSTR9C is the statement of reconciliation between the filed GSTR-9 and the audited annual financial statements.
Ans. In case if a taxpayer has paid GST on the same invoice type then, in this case, he/she can adjust it in the subsequent month’s GSTR-3B.
Ans. It depends if the turnover per GSTIN exceeds the turnover limit of 2 Crore INR then, in this case, he has to file GSTR-9C GSTIN-Wise.
Ans. No, it is not compulsory for the taxpayer to provide the HSN Code if his turnover does not exceed 1.5 Crore INR.
Ans. In case if the taxpayer has wrongly reported the taxable turnover then the same can be rectified manually at the time of furnishing GSTR-9 Form.
Ans. In case if there are sales that do not attract GST then in such a case it is mandatory for the taxpayer or dealer to disclose such details in the GSTR-9 Form.
Ans. No, a taxpayer cannot claim the refund of such extra paid tax in the GSTR-9 Form as it is a declaration form and no tax or refund can be made with such form.
Ans. The due date to file GSTR-9 for the FY 2018-19 is extended to 31 December 2020.
Ans. In the form GSTR-9 the Table 8 will never represent negative balance other than import from SEZ, as Table 8A and Table 8B are auto-populated and negative balance can only arise when the Table 8C balance is more than Table 8A.
Ans. No, the taxpayer does not have to furnish such exempted goods in GSTR-9 Form.
Ans. In case if you have a credit note for the same in such scenario you need to carry forward the same to this credit note to next month as the GSTN does not accept negative values.
Ans. There is no such hack to fix the GSTR-9 warning but you have to make sure that every small detail reported in GSTR-9 Form are supported by proper documentation.
Ans. Turnover for GSTR-9C is the turnover as per the audited financial statements of the entity as compared with Turnover declared in GSTR-9.
Ans. The GSTN gets the turnover detail of a taxpayer through the filed GSTR-1 & GSTR-3B and on the basis of this GST identifies and issues a notice for such error.
Ans. No, GSTR9 once filed cannot be amended.
Ans. A taxpayer has the authority to manually edit the entire GSTR-9 Form excluding some auto-populated fields./div>
Ans. At the time of filing GSTR-9, it is important for a taxpayer to reconcile all the differences as GSTR-9 cannot be revised or amended. So, it is necessary that the taxpayer manually edit GSTR-9 in case if there is any difference between GSTR1 and Sales register.
Ans. In case if the taxpayer pays the tax liability of 2017-2018 Financial Year in March 2019 then in such scenario it shall be reported in Table 9 of GSTR-9.
Ans. No, there is no such provision, the taxpayer has to file previous month GSTR-3B before filing the current month GSTR-3B.
Ans. Yes, you have to show the ITC claimed in GSTR-9 for the Financial Year 2017-18.
Ans. You need to check this in your GST login, if GSTR-9 is available there then you have to file GSTR-9 return or else you need not file the same.
Ans. Yes, however, it is important to check all the auto-populated details before filing GSTR-9 as it cannot be revised. Moreover, you should always keep in mind that there are certain tables that have to be furnished manually in GSTR-9.
Ans. In case if you filed the incorrect amount in GSTR-3B or you have missed entering the details in GSTR3B then in such a case you can make manual changes in the GSTR-9.
Ans. Yes, In case of discrepancy of advances it can be correct in GSTR-9 form.
Ans. Yes, you need to mention SAC code for outward supplies in case if your total turnover exceeds the limit of 1.5 Crore INR.
Ans. In this, the GSTR-2A of the buyer will show less ITC in FY 2018-19 for which he has already reduced the Input Tax Credit in Financial Year 2017-18 in his GSTR-3B Return. In this scenario, if the buyer imports the data from the GSTN Table 6 of GSTR-9 Form will show the correct values.
Ans. Yes, of course your GSTR-9 Form will get auto-populated but there are certain fields that remains unfilled by the GSTN. So you have to be careful at the time if filing GSTR-9 as it cannot be amended.
Considering all these odds, Masters India has introduced GSTR-9 Form in the autoTax GST Software. This will help you to furnish your GSTR-9 Form with in few clicks. Moreover, through this GST Software there will be fewer chances of mistakes as there will be less human intervention at the time of filing GSTR-9.