GST Annual Return Filing Services
Ensure compliance with GST laws by filing your annual returns accurately with RV Shekhawat & Co. LLP. We provide complete support for businesses of all sizes to avoid penalties and maintain smooth operations.
What is GST Annual Return?
The GST Annual Return is a yearly compliance requirement for taxpayers registered under GST. It summarizes all outward and inward supplies, tax paid, input tax credit availed, and demands or refunds for the financial year.
Every registered taxpayer, except those under the composition scheme, casual taxpayers, non-resident taxpayers, and Input Service Distributors, must file the annual return in Form GSTR-9.
Types of GST Annual Return
GSTR-9
For regular taxpayers summarizing outward supplies, inward supplies, and ITC claimed.
GSTR-9A
For composition scheme taxpayers (till FY 2018-19).
GSTR-9C
Reconciliation statement certified by a Chartered Accountant for taxpayers with turnover above ₹5 crores.
Why File GST Annual Return?
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Legal Compliance: Mandatory filing helps avoid penalties and notices from GST authorities.
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Accurate Reporting: Ensures transparency in tax liability and ITC claimed during the year.
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Audit Preparedness: Filing strengthens credibility and readiness for GST audits.
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Business Reputation: Enhances trust among clients, suppliers, and authorities.
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Avoid Penalties: Late or incorrect filing may attract heavy penalties and interest.
Our Process
Data Collection
We collect invoices, purchase data, sales records, ITC claims, and payment challans for the financial year.
Data Reconciliation
Our experts reconcile GSTR-1, GSTR-3B, and books of accounts to ensure accuracy and consistency.
Form Preparation
We prepare the applicable annual return form (GSTR-9/9A/9C) as per business category.
Review & Verification
We verify all entries, ITC adjustments, and tax liabilities before final submission.
Filing & Acknowledgment
We file the annual return on the GST portal and provide you the acknowledgment for records.
Documents Required for GST Annual Return
To file the GST Annual Return smoothly, the following documents are usually required:
Sales & Purchase Invoices
All invoices issued and received during the financial year.
GSTR-1 & GSTR-3B Returns
Filed monthly/quarterly GST returns for reconciliation.
Books of Accounts
Ledger accounts, trial balance, and financial statements.
Tax Payment Challans
Proof of GST payments made during the year.
Input Tax Credit Records
Details of ITC claimed and reversed.
Bank Statements
Bank account details for cross-verification of transactions.
FAQs on GST Annual Return
- Who is required to file GST Annual Return?
- What is the due date for GST Annual Return?
- What happens if I fail to file GST Annual Return?
- Is audit required with GST Annual Return?
- Can I revise GST Annual Return after filing?
