GSTN Releases FAQs on GSTR-9 and GSTR-9C for FY 2024-25

The Goods and Services Tax Network (GSTN) had earlier enabled the filing of GSTR-9 and GSTR-9C for the financial year 2024-25. To help the taxpayer with the filing, the GSTN has released detailed Frequently Asked Questions (FAQs) to help taxpayers file their GSTR-9 and GSTR-9C for the financial year 2024-25.

GSTR-9 is an annual return form meant for all regular taxpayers, including the SEZ units and developers, those who have opted out of the composition scheme, and the taxpayers whose registration was cancelled. They must file GSTR-9 if their aggregate annual turnover is above Rs 2 crore.

GSTR-9C is the annual reconciliation statement that must be filed by the registered regular taxpayer having an annual aggregate turnover exceeding Rs 5 crore in the financial year.

The FAQs on GSTR-9 and GSTR-9C for FY 2024-25 will help taxpayers understand key areas such as which tables are auto-populated, how to report ineligible ITC, etc, so that your annual return filing is accurate.

Refer to the official PDF for the FAQs on GSTR-9 and GSTR-9C