GST is it require to file yearly return Gstr 9 if the turn over is less than 50 lakhs after filing Gstr 1 quarterly duly opting to file quarterly

There are two types of Annual returns GSTR-9 and GSTR 9C where GSTR-9 is a normal Annual return but GSTR-9C is a GST AUDIT return.

Tax payers having Turnover less than ₹ 2 Crore are not required to file GSTR 9 and it is optional for the tax payers having a turnover of ₹ 2 Crore or less, but GSTR -9C is not applicable on the taxpayers having turnover less than ₹ 2 Crore .

Turnover between ₹ 2 Crore to ₹ 5 Crore has to file GSTR-9 (Compulsory) but GSTR-9C is optional, if anyone wants to file then they can file otherwise there is no need to go for GSTR-9C.

Turnover of ₹ 5 Crore and more has to compulsorily file both the returns GSTR-9 & GSTR-9C.

Therefore Taxpayers having a turnover less than ₹ 50 lakhs has not to file GSTR-9 irrespective of the condition of filling of GSTR-1 quarterly or monthly.

For more details you can visit https://www.gst-return-filling.com/2020/09/how-to-file-gstr-9-for-fy-2018-2019.html

You have to make sure that Your Whole turnover should be below ₹ 2 Crore if you wish to not file GSTR-9 as your Single GSTIN turnover should be eligible to make clear that in which category you fall.

Annual return for GSTR-9 and GSTR-9C for F.Y. 2019-20 date extended from 31st Dec 2020 to 28th Feb 2021.

Auto populated Annual return has been made available at the portal for F.Y. 2019-2020.

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