Comparision between GSTR 9 and GSTR 9C

GSTR 9 is an Annual Return all Tax Payers must file and GSTR 9C is a an Annual Reconciliation Statement that Tax payers with over Rupees 2 crore annual aggregate turnover should file.

Many Tax Payers are often confused about who should file the returns. This article quickly explains the difference between GSTR 9 and GSTR 9C.

Comparision between GSTR 9 and GSTR 9C
GSTR 9 Annual Return GSTR 9C Reconciliation Statement
Due Date 30th November 2019 30th November 2019
Not applicable to
  • Composition Dealers
  • Certified Treasury Professional
  • Input Service Distributor
  • Tax payer subjected to TDS or TCS
  • Non-Resident Taxable Person
    		•  Any tax payer with less than 2 Crore annual aggregate turnover
    Late fees & penalty Late fees of Rs 200 per day of delay subject to a maximum cap of an amount at 0.25% of total turnover in respective State/UT No specific provision, Hence, subject to a general penalty of Rs 25,000
    Format
  • Reporting of Consolidated Turnover summary, ITC and tax paid, late fees and its amendments.
  • Declaration of refunds, supplies from composition dealers, Job works, HSN wise summary of outward and inward supplies, late fees payable.
    		•
  • Part A - Reporting of reconciliation of turnover, tax paid and ITC with reasons unre-conciled difference. Auditor’s recommendation of any additional tax liability.
  • Part B - GST Auditor Certification
    		•
    Certification Tax payer much attest using digital signature Both Auditor and Tax Payer must sign using their respective digital signatures
    Annexures None Audited Balance Sheet and Profit and Loss statement to be uploaded
    GST ACT Prescribed in Rule 80 of under Section 44 of the CGST Act Prescribed in Section 35(5) of Section 44 of the CGST Act