Difference between GSTR-9 and GSTR-9C

Differences Between GSTR-9 and GSTR-9C

Last Update Date : July 08, 2019
Estimated Read Time: 3 min

Difference between GSTR-9 and GSTR-9C

Difference between form GSTR-9 and form GSTR-9C is not very obvious if you do not know much about them. They have a few similarities like similar names, same due date and same filing frequency. But they are two very different forms and serve different purposes.

Read this guide by H&R Block to know how the forms GSTR-9 and GSTR-9C different.

The basic difference between the two forms is that GSTR-9 is a return form whereas GSTR-9C is a reconciliation statement. Although both these forms work hand in hand, there is a difference between these two.

Following table shows the difference between GSTR-9 and GSTR-9C

Criteria GSTR-9 GSTR-9C
Type Return form Reconciliation statement
GST Act Prescribed in Rule 80 u/s 44 of the GST Act Prescribed in Section 35(5) u/s Section 44 of the GST Act

 

Eligibility Registered taxpayers under GST must file GSTR-9 GSTR-9C must be filed if the aggregate turnover exceeds Rs 2 Crore
Non-applicability §  Input service distributor

§  Casual taxable person

§  Non-resident taxable person

§  Person liable to deduct TDS

 

To all those whose aggregate turnover during the financial year is less than Rs 2 Crore along with non-applicability of GSTR-9
Due Date The due date for filing is on or before 31 December of the subsequent financial year

The due date of filing for the financial year 2017-18 is 30 June 2019

The due for GSTR-9C is same as that of GSTR-9.

 

Late Fees If you file your return after the due date, you will have to pay a late fee of Rs 200 per day subject to maximum of .25% of total turnover in respect of State/UT There is no provision as such, but u/s 125, you will have to pay a penalty of Rs 25,000.
Return’s format Summarized details of ITC, tax paid, late fees as per the returns filed between July 2017 and March 2018 along with the amendments made between April 2018  and September 2018. There are 2 parts:

Part A: Reconciliation statement

Part B: Certificate from any GST Auditor, CA, or CMA.

Who must certify or attest this form No certification required from the authority, but the taxpayer must attest the form through a digital signature A digital signature of the taxpayer as well as the Auditor/ CA/ CMA is required
Annexures No annexure required Annexure of the audited financial statements is required
Threshold Limit No threshold limit Subject to threshold –Turnover above Rs 2 crores

Other than GSTR 9 and GSTR 9C, there are two more forms which may create confusion for you. One is GSTR-9A which is an annual GST return form for dealers operating under composition scheme. Another annual form is GSTR 9B which is applicable to e-commerce operators.

How Can H&R Block Help You?

After implementation of GST, the tax compliance requirements changed drastically. As a result, several businesses find it challenging to focus on their business while trying to be GST compliant. This is where we come into the picture. Our team of in-house GST experts can help you meet all the GST compliance requirements right from registration and filing of returns to handling notices.

Leave a Rating!
5.0 (1 Vote)
Niteesh Singh
Niteesh Singh
Niteesh is a Tax Researcher and Content Lead at H&R Block (India). He holds an MBA with a specialisation in BFSI domain. In his career spanning over six years, he has helped thousands of people understand taxes in a simple and effective manner. Outside work, Niteesh is an astronomy geek who is also involved in wildlife conservation activities.