No GST annual return for the FY 2021-22 for the small taxpayers

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GST annual return exemption for the FY 2021-22

GSTr9 turnover limit for FY 2021-22

CBIC vide notification no 10/2022-Central Tax dated 05th July 2022 exempt filing of GST annual return in form GSTR-9/9A for taxpayers whose annual aggregate turnover (AATO) for the FY 2021-22 is up to 2 Crores. 

Who shall file annual return in form GSTR-9

Every registered person, other than:
  1. Department of the Central Government or a State Government or a local authority
  2. Input Service Distributor
  3. A person paying TDS (TDS under GST)  under section 51
  4. Electronic commerce operator required to collect tax at source under section 52
  5. a casual taxable person
  6. a non-resident taxable person
  7. Composition tax payers paying tax under (Section 10)
shall furnish an annual return for every financial year as specified under section 44 electronically in FORM GSTR-9 on or before the thirty-first day of December following the end of such financial year.

Person paying tax under section 10 (composition tax payer) shall file Annual return in GSTR-9A. Every electronic commerce operator required to collect tax at source under section 52 shall furnish annual statement referred to in sub-section (5) of the said section in FORM GSTR -9B.

GST annual return for taxpayers with AATO above 2 crores for the FY 2021-22

Such category of taxpayers are required to file GSTR-9 on or before due date. As exemption is only for taxpayers with AATO up to 2 Crores.

Reconciliation statement in GSTR-9C

Every registered person, other than:
  1. Department of the Central Government or a State Government or a local authority
  2. Input Service Distributor
  3. A person paying TDS (TDS under GST)  under section 51
  4. Electronic commerce operator required to collect tax at source under section 52
  5. a casual taxable person
  6. a non-resident taxable person
  7. Composition tax payers paying tax under (Section 10)
whose aggregate turnover during a financial year 2021-22 exceeds 5 Crores shall furnish self certified reconciliation statement in GSTR-9C along with GST annual return (GSTR-9)

Summary of the above discussion is simplified in the table:

Aggregate turnover criteria

GSTR-9

GSTR-9C

Turnover less than 2 crores

Exempted

NA

Turnover above 2 crores but up to 5 crores

Mandatory

Optional

Turnover exceeding 5 crores

Mandatory

Mandatory

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