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FORM GSTR-9A (ANNUAL RETURN FOR COMPOSITION TAXPAYER)

 FORM GSTR - 9A (COMPOSITION TAXPAYERS)


Before proceeding forward to understand the method of filling of FORM GSTR -9A we should note down some important points.

  • GSTR -9A is a Annual Return that has to be filled by the taxpayers who has opted for Composition Scheme under Section 10 through FORM GST CMP - 01 / GST REG - 01.
  • Composition taxpayers file their Return Annualy in GSTR-4, but GSTR-4 has to be filled for the Current Financial Year and GSTR - 9A has to be Filled for the preceding Financial Year.
  • Now some of you will think that if Both returns has to be filled Annualy then why their are two different Returns available to be filled.
  • The difference of the Two returns will be explained to you in my next Blog.
  • Here the main purpose of GSTR -9A is that, The review of this return (GSTR - 9A) will help GST Authorities to Weed Out (Remove the taxpayers) the registered tax payers who were not eligible for Composition benefit in The First Place. But then also they have opted for Composition scheme.
  • Now the most important point that will give a relaxation to all composite taxpayers is that, the Composition Tax payers have the option to NOT furnish the Form GSTR - 9A for the FY 2018-19.
  • Notification No. 47/2019 of Central Tax Act Dated 09th October 2019, stated that registered taxpayers (Normal taxpayers other than composition) whose Aggregate turnover is less than ₹ 2 crore for FY 2018-19 shall have the option to not furnish the Annual Return, likewise this was implemented on Composition taxpayers also and filing of GSTR - 9A for FY 2018-19 was made optional for composition taxpayers.
  • It is mandatory to file FORM GSTR - 4 for FY 2018-19 Before Filling the Annual return GSTR - 9A of 2018-19.
  • Any additional liability of tax or any transaction related to sales for FY 2018-19 if not declared in FORM GSTR -4(2018-19) then that should be declared in FORM GSTR - 9A (Annual return 2018-19).

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