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GST Composition Annual Form GSTR 9A
Like every tax reform, India’s Goods and Services Tax (GST) will face various hurdles and difficulties during its implementation. Small taxpayers will be particularly affected. To help and ease the implementation and tax compliance process for them, the government has introduced a composition scheme.
The taxpayers who opts for the composition scheme is required to file Annual Return 9A as per GST council meeting.
What is GSTR 9A?
The GSTR 9A is an annual GST composition return form that has to be filed mandatorily by composition scheme taxpayers. This form constitutes consolidated details of SGST, CGST and IGST paid during a given financial year. It includes all the information which was furnished in the quarterly returns filed by the composition taxpayers during that financial year.
Who should file GSTR-9A?
All taxpayers who were registered under the composition scheme under GST should file GSTR-9A.
However, there are certain persons who are not required to file are:-
- Non-resident taxable persons
- Input service distributor
- Casual Taxable Person
- Persons paying TDS under section 51 of the Act
- E-commerce operator paying TCS under section 52 of the Act
Due Date for filing GSTR 9A:-
The usual due date for filing GSTR-9A is on or before the 31st of December that follows the close of a certain financial year. For instance, assume a composition taxpayer is to file GSTR-9A for the FY 2017-2018. The taxpayer is required to file GSTR-9A on or before the 31st of December of the year 2018.
However, as per the latest press release, on the 7th of December, 2018, the Central Board of Indirect Taxes and Customs has extended the due date for filing GSTR-9A to 31st of March, 2019.
The penalty for delayed filing of GSTR-9A will incur charges based on the delay as follows:
- Under Central Goods and Services Tax: Rs.100 per day of default.
- Under State Goods and Services Tax: Rs.100 per day of default.
Hence, the total penalty for late filing of GSTR-9A return will be Rs. 200 per day of default. However, the maximum delay fee per day cannot exceed 0.25 per cent of the turnover in the State or the Union Territory under CGST/ SGST/ UTGST.
Process of Filing GSTR 9A:
Part I Basic Details: This part is subdivided into 5 sections and 6 rows.
These details are at most auto-populated.
- Financial Year: The year for which the return has to be filed
- GSTIN: PAN-based 15 digit GST Identification Number of the Taxpayer
- A Legal Name: Auto Populated on log-in
- B Trade Name (if any): Auto Populated on log-in
- Period of composition scheme during the year (From —- To —-): Tax duration period
- Aggregate Turnover of Previous Financial Year: Compounded turnover of the previous year
Part II Details of outward and inward supplies declared in returns filed during the financial year:
This part has 3 Sections and 9 subsections. It is a consolidated summary of all returns filed during the previous Financial Year.
6A- Taxable outward supplies details like Turnover, Rate of Tax Central Tax State / UT Tax
6B- Exempted, Nil-rated outward supplies details like Turnover, Rate of Tax Central Tax State / UT Tax
6C- Total Summation of 6A and 6B details
7A- Inward supplies liable to reverse charge received from registered persons: Details include Taxable Value, Central Tax, State Tax / UT Tax, Integrated Tax Cess
7B- Inward supplies liable to reverse charge received from unregistered persons: Details include Taxable Value, Central Tax, State Tax / UT Tax, Integrated Tax Cess
7C- Import of services: Details of total import values, the applicable IGST and Cess
7D- Net Tax Payable on (A), (B) and (C) above: Subtotal of the values in above three sections
8A- Inward supplies from registered persons (other than 7A above): Details of Inward supplies nonliable for RCM
8B- Import of Goods: Taxable Value, Integrated Tax, and Cess details of imported goods
Part III-Details of tax paid as declared in returns filed during the financial year:
This section will include the Total tax payable as well as paid under various GST tax heads during the current FY. These will include payable and already paid details of Integrated Tax, Central Tax State/UT Tax, Cess , Interest, and Late fee Penalty.
This section subsumes information of total tax payable and paid for all tax components in the current Financial Year.
Part IV: Particulars of the transactions for the previous FY declared in returns of April to September of current FY or up to the date of filing of annual return of previous FY whichever is earlier:
10 Supplies/tax (outward) declared through Amendments (+) (net of debit notes)
11 Inward supplies liable to reverse charge declared through Amendments (+) (net of debit notes)
12 Supplies/tax (outward) reduced through Amendments (-) (net of credit notes)
13 Inward supplies liable to reverse charge reduced through Amendments (-) (net of credit notes)
14 Differential tax paid on account of declaration made in 10, 11, 12 & 13 above:
Part V Other Information:
15- Particulars of Demands and Refunds: Furnish additional information related to Demands and Refunds in this section. Detail all claims made, refunds credited, refunds pending. This part includes the following tables:
15A- Total Refund claimed: Furnish bifurcated details of claims refunded including all tax components i.e Central Tax, State Tax / UT Tax, Integrated Tax and Cess
15B- Total Refund sanctioned: Total tax components of refunds sanctioned i.e Central Tax, State Tax / UT Tax, Integrated Tax and Cess
15C- Total Refund Rejected: Total tax components (same as above) of refunds rejected
15D- Total Refund Pending: Total tax components (same as above) of refunds pending
15E- Total demand of taxes: Liable tax components (same as above) at first place
15F- Total taxes paid in respect of E above: Enter detail of total tax components paid with respect to point E above
15G- Total demands pending out of E above: Enter detail of total uncleared tax components with respect to point E above
16- Details of credit reversed or availed :
16A- Enter detail of Credit reversed when opting for composition scheme (-)
16B- Enter detail of Credit availed while opting out of the composition scheme (+)
Post furnishing all appropriate details, the assessee is must digitally sign the GSTR 9A composition GST annual return form either via a digital signature certificate (DSC) or Aadhaar based signature verification to authenticate and verify the return details.
Thus, GSTR 9A is nothing but the consolidation of GSTR 4.