Every normal registered person needs to file an annual return every financial year in GSTR 9. This is in addition to the monthly returns in forms GSTR1, GSTR2, GSTR3/GSTR 3B. However, the taxpayers registered under GST composition scheme need to file annual returns in form GSTR 9A. This return is in addition to the quarterly return in form GSTR 4 filed by the composition taxpayers.
This article talks about the annual return of the composition taxpayers in form GSTR 9A. So, let’s understand what is a composition taxpayer before discussing the format and filing of GSTR 9A by a composition taxpayer.
Who is a Composition Taxpayer?
A composition dealer is the one who goes for composition scheme under GST. Composition Scheme is an easy and hassle free scheme under GST. It allows the small taxpayers to do away with complex GST compliance in terms of filing returns and tax payment. Composition Dealers pay GST at a fixed rate of turnover and file return on a quarterly basis. Such a scheme can be availed by taxpayers whose annual turnover is less than Rs 1.50 Crores.
As per section 10(1) of the CGST act, following are the composition tax rates for different categories of registered persons:
- Manufacturer of goods needs to pay 1% (0.5% CGST and 0.5% SGST) of the turnover in a state or union territory. These manufacturers are other than the manufacturers of such goods as may be notified by the government.
- Restaurants not serving alcoholic liquor, caterers, canteen etc need to pay 5% (2.5% CGST and 2.5% SGST) of the taxable turnover in state or union territory.
- Any other supplier eligible for composition levy needs to pay 1% ((0.5% CGST and 0.5% SGST) of the turnover in a state or union territory.
What is GSTR 9A?
GSTR 9A is the annual return that every registered person opting for composition levy needs to file every financial year. This return is in addition to the quarterly returns filed by a composition dealer during a financial year. Thus, GSTR 9A is an annual return filed by a composition dealer containing details that relate to the quarterly returns filed by him during the year. This return contains details with regards to supplies made by the taxpayer during the year under composition scheme. These details include:
Who Need Not File GSTR 9A
Every taxpayer registered under the composition scheme needs to file annual return in form GSTR 9A along with quarterly returns in form GSTR 4. However, the following persons are not required to file annual returns in GSTR 9A.
Due Date of Filing GSTR 9A
The due date to file GSTR 9A is on or before December 31 succeeding the close of a particular financial year for which the return needs to be filed. For instance, Mr. Kapoor is a composition taxpayer who needs to file his annual return for the financial year 2017 – 2018. Thus, Mr. Kapoor needs to file his annual return in form GSTR 9A on or before December 31, 2019. However, this date can be extended by a proper officer through a notification.
Penalty for Late Filing of GSTR 9A
In case there is a delay in filing GSTR-9A, a late fee of Rs 100 per day under CGST and Rs 100 SGST would be levied. The combined fee for a day would be Rs 200. This fee cannot exceed 0.25% of the total turnover in State or Union Territory.
Components of GSTR 9A
1. Financial Year
In this clause the composition taxpayer needs to declare the financial year to which the annual return relates.
2. Goods and Services Tax Identification Number of the Composition Taxpayer
Each person registered under GST is given statewise, PAN GSTIN number. This number gets auto populated at the time the registered person is filing return under GST.
3. Business Name
- Legal Name: It is the name by which a person is known with reference to statute
- Trade Name if any: It is the name used by trade and industry to identify a business
4. Period of Composition Scheme During the Year (From ____ to ____)
This section captures the start and end period of composition scheme. There might be a case that a person is registered as a regular registrant but has to migrate to composition scheme later on. Thus, the start period refers to the period when composition scheme commences.
5. Aggregate Turnover of the Previous Financial Year
This section declares the turnover of the financial year preceding the year for which return is to be filed. It is the total turnover of all the taxpayers registered under the same PAN.
Part II – Details of Outward And Inward Supplies Declared In The Returns Filed during the Financial Year
6. Details of Outward Supplies Made during the Financial Year
This section contains the details of aggregate value of outward supplies on which tax is payable. These outward supplies are declared in quarterly returns filed during the financial year by the composition dealer. The aggregate of outward supplies is declared after adjusting debit notes or credit notes, advances and goods returned during the financial year. Therefore, part A declares outward supplies. And Part B includes aggregate value of exempted supplies, nil rated and non GST supplies.
7. Details of Inward Supplies on which tax is Payable on Reverse Charge Basis (net of debit/credit notes) for the Financial Year
(A) Inward supplies liable to reverse charge received from registered persons
This table contains details of inward received from registered persons on which tax is payable on reverse charge basis. Table 4B, Table 5 and Table 8A of form GSTR 4 are used to fill this section.
(B) Inward supplies liable to reverse charge received from unregistered persons
Part B states the aggregate value of all inward supplies received from unregistered persons on which tax is paid on reverse charge basis. These supplies do not include import of services. Table 4C, Table 5 and Table 8A of GSTR 4 are used to fill up the details.
(C) Import of Services
Part 7C showcases the aggregate value of all services imported during the financial year. Thus, table 4D and Table 5 of GSTR 4 are used to fill up this section.
(D) Net tax Payable on Part A, B and C above
8. Details of other Inward Supplies for the Financial Year
(A) Inward Supplies from Registered Persons (other than 7A above)
This table contains details of inward received from registered persons on which tax is payable by the supplier. Table 4A and Table 5 of form GSTR 4 are used to fill this section.
(B) Import of Goods
This section covers the aggregate value of all the goods imported during the financial year. Thus, this section declares the aggregate value of ITC availed on all imports from outside India or SEZ units. The imports may include all the inputs and capital goods.
Part III – Details of Tax Paid as Declared in the Returns Filed During the Financial
9. Details of Tax Paid as Declared in Returns Filed During the Financial Year
Part IV – Particulars of the transactions for the previous FY declared in returns of April to September of current FY or upto 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)
Tables 10, 11, 12 and 13 report the details of the changes or amendments made to any of the supplies declared in the returns of the previous financial year. But these changes were furnished in table 5 (inward supplies) or table 7 (outward supplies) of GSTR 4. These amendments can be made during a period which is the earlier of :
- the due date of furnishing returns for the month of September succeeding the end of the financial year
- Actual date of furnishing of relevant annual return
14. Differential tax paid on account of declaration made in 10, 11, 12 & 13 above
This table aims to capture the details of differential tax liability.That is any increase or decrease in the tax liability of person filing such a return. This difference arises on account of the changes or additions made to any of the supplies already declared in the returns of the previous financial year. Thus, this table captures the additional tax both payable and paid arising on account of such changes.