GST Annual Return – All You Need To Know

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Annual Return related Measures:
  1. Amendment in CGST Act, 2017 has been made through Finance Act, 2021 to provide for self-certification of reconciliation statement in FORM GSTR-9C, instead of previous requirement of certification of such statement by a Chartered Accountant/Cost Accountant. This amendment is applicable for the Annual return for the FY 2020-21.
  2. The above changes have been notified w.e.f. 01st April, 2021.
  3. Requirement of furnishing annual return in FORM GSTR-9 has been waived for the taxpayers with Aggregate Annual Turnover up to Rs 2 Cr for financial year 2020-21. This waiver/exemption has been further extended for FY 2021-22.
  4. Requirement of furnishing reconciliation statement in FORM GSTR-9C has been waived for the taxpayers with Aggregate Annual Turnover up to Rs 5 Cr for FY 2020-21.


GSTR – 9 Mandatory v/s Optional Tables for FY 2021-22
Table NoNature of ReportingStatusNote
4A to 4GTaxable Outward Supply, Tax on advances & RCMMandatory
4I to 4LCN, DN, Amendments with respect to 4B to 4E SuppliesMandatory [From 21-22]
5A to 5CZero rated Supply without payment of Tax, supplies on which Tax to be discharged by recipientMandatory
5D to 5FExempted, NIL Rated & Non-GST Supply“Exempted” and NIL” rate can be clubbed, Non-GST Supply to be shown separately [From 21-22]
5H to 5KCN, DN, Amendments with respect to 5A to 5F SuppliesMandatory [From 21-22]
6AAuto Populated ITC based on 3B
6B to 6DITC on Inward Supplies for Forward Charge & reverse Charge
  • “Input” and “Input Services” can be clubbed, “Capital Goods” to be shown separately” (Till 2018-19, all 3 could have been clubbed)
  • 6C & 6D can also be clubbed
6EImport of GoodsMandatory
(Till FY 2018-19, Input & Input Capital Separately not mandated)
6F to 6MOther ITCMandatory
7A to 7EITC Reversal due to Raise 37, 39, 42, 43 Sec. 17(5)Can be clubbed with 7H (with older reversals)
7F & 7GITC Reversal due to TRAN1 & TRAN2Mandatory
8A to 8KITC Related InformationMandatory (Till FY 2018-19, 8A to 8D was optional)
9Details of Tax payable & Tax PaidMandatory
10, 11Outward Liability Pertaining to FY 2021-22 shown/reduced in Fy 2022-23 Till Sept 22Mandatory
12, 13ITC pertaining to FY 2021-22 reversed/shown in FY 2022-23 Till Sept 22Optional (Not Advisable)
15, 16Info of Demands & refunds, Inward SuppliesOptional
17HSN for Outward SupplyMandatory [From 21-22] [T0>5Cr, at 6 Digit level for all supplies | T0<5Cr, 4 Digit level for B2B Supplies Only]
18HSN for Inward SupplyOptional

GSTR – 9C Mandatory v/s Optional Tables for FY 2021-22

TablesNature of ReportingStatusNote
5ATurnover as per Audited BooksMandatory
5B to 5OAdjustments related to TurnoverCan be clubbed in 5O
7A to 7FReco. From Total Turnover to taxable TurnoverMandatory
9A to 9QReco. of Tax PaidMandatory
12A to 12DReco. Of ITC between Books v/s GSTR9Mandatory [From 21-22]
[12B & 12C were optional till 20-21]
Table 14Expense head with ITC ReconciliationOptional
Get Yourself Assured before Filling GSTR-9 for FY 2021-22
GSTR9 Arithmetical Accuracy Checks
Sr. No.ReferenceFormula:To be checked with:
1OUTWARD LIABTable 4’s Tax’s Outcome / TotalTo be match with Table 9’s “Tax Payable” [Edit Manually in Table 9 if changed in Table 4]

[Table 11]

To be Matched with Actual [Audited] Liability
3OUTWARD LIABTable 9’s Tax Payable MINUS Tax paid via cash & Tax paid Via Credit

If Not Zero, then Prepare Reco due to reasons, such as:

  1. Liability of Last FY 2020-21 has been discharged in 3Bs of FY 2021-22 [Negative Diff]
  2. Some of the Outward Supply of FY 2021-22 missed altogether and now added in Table 4/5 – TO BE DISCHARGED THROUGH DRC-03 [Positive Diff]
4INWARD ITC[Table 7J] – [Table 12] + [Table 13]To be Matched with Actual [Audited] ITC
5INWARD ITCITC Taken as per 3B Table 6A MINUS Actual ITC now taken in GSTR9(Diffas per Table 6J)

The Diff can be due to following reasons:

  1. FY 2020-21’s ITC taken in FY 2021-22’s 3B but now not forming part of GSTR-9 & Vice- Versa [Negative Diff. in 6J / Vice-Versa]
  2. FY 2021-22’s wrongly taken ITC (not even reversed till Sept22) now reversed – TO BE DISCHARGED THROUGH DRC-03 [Negative Diff. in 6J]

Note: GSTR-9 doesn’t allow to reverse the wrongly taken ITC in Table 6/7. however, if reduced and paid through DRC-03, then that will be much better way to present the data.

6[Table 10] – [Table’ll]To be Matched with Table 14’s CGST, SGST, IGST and CESS


Syncing of data between FY 2020-21 & FY 2021-22

(Since Data uploaded of FY 2020-21 in “3B/G1 of FY 2021-22” should not be the part of FY 2021-22’s GSTR-9)

Sr. No.ReferenceFormula:To be checked with:
7OUTWARD LIAB[Table 10] MINUS [Table 11] of FY 2020-21To be matched with FY 2021-22’s Table 9’s Liability MINUS Tax paid through Cash and Credit [Along with difference due to other reasons mentioned in SR No 3]
8INWARD ITC[Table 13] MINUS [Table 12] of FY 2020-21To be Matched Difference found in Table 6J of GSTR9 of FY 2021-22 [Along with difference due to other reasons mentioned in SR No 5]
  1. These are very basic checks needs to be performed to assure yourself for arithmetical
  2. The above formula may work for most of the cases, but for not all the cases (for g., if Audited books of accounts does not contain all the transactions, then difference will be there)



Figures required to be filled in Table of GSTR-9C

Figures to be taken from the Corresponding Table of GSTR-9
Reco. of Total Turnover with GSTR-095Q5N + 10-11
Reconciliation of Taxable Turnover with GSTR-097F(4N-4G) +(10-11)
Total amount paid as declared in Annual Return9QTable 9’s Tax Payable +10-11
ITC claimed in Annual Return (GSTR9)12 E7J

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