Key Deadlines and Applicability for GSTR-9 and GSTR-9C Filing for FY 2024-25, Good news for all GST-registered taxpayers! The Goods and Services Tax (GST) portal has now enabled the GSTR-9 and GSTR-9C filing for FY 2024-25, allowing businesses to begin their annual compliance process early.
The due date to file both GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) is December 31, 2025. Taxpayers are strongly advised to complete the filing process well in advance to avoid any last-minute rush, system errors, or penalties.
GSTR-9 Applicability
The GSTR-9 is an Annual Return that must be filed by every registered taxpayer whose aggregate turnover exceeds ₹2 Crores during the financial year. This form consolidates the details of all outward and inward supplies made under GST throughout the year. It helps both taxpayers and the government ensure accuracy in reported sales, purchases, and tax payments.
Filing GSTR-9 is a crucial part of maintaining transparent tax compliance. It also enables businesses to review their yearly data, identify mismatches, and make necessary corrections before submitting final figures.
GSTR-9C Applicability
The GSTR-9C, also known as the Reconciliation Statement, is mandatory for taxpayers with an aggregate turnover exceeding ₹5 Crores during the financial year. It serves as a comparison between the figures reported in GSTR-9 and those presented in the audited financial statements of the taxpayer.
GSTR-9C must be certified by a Chartered Accountant (CA) or Cost Accountant, ensuring the data’s accuracy and consistency. This verification helps in maintaining the reliability of tax filings and reduces the chances of notices or audits in the future.
By filing both GSTR-9 and GSTR-9C correctly and on time, taxpayers can ensure smooth compliance, minimize errors, and avoid unwanted scrutiny from tax authorities.
Late Filing Penalties and Action Required for GSTR-9 and GSTR-9C Filing for FY 2024-25
To encourage timely compliance, the government has defined a clear late fee structure for delayed submissions of GSTR-9 and GSTR-9C. Below are the official breakdown:
| S. No. | Turnover Class | Late Fee Per Day | Cap (Maximum Limit) |
|---|---|---|---|
| 1 | Up to ₹5 Crores | ₹50 per day | 0.04% of turnover |
| 2 | ₹5 Crores – ₹20 Crores | ₹100 per day | 0.04% of turnover |
| 3 | Above ₹20 Crores | ₹200 per day | 0.5% of turnover |
Failing to meet the deadline could result in substantial late fees and impact the future GST compliance ratings. Hence, it’s advisable to start preparing early and ensure accurate data reconciliation.
Filing Options on the GST Portal
The GST portal provides flexible options for filing:
- GSTR-9: “PREPARE ONLINE” and “PREPARE OFFLINE” modes
- GSTR-9C: “INITIATE FILING” and “PREPARE OFFLINE” modes
Taxpayers can log in to the official GST portal and choose the most convenient method.
Action Required
To stay compliant with GSTR-9 and GSTR-9C filing for FY 2024-25, taxpayers should:
- Collect all relevant financial documents, including purchase and sales registers, ITC statements, and audit reports.
- Reconcile turnover data between books of accounts and GST returns.
- Review discrepancies and correct them before submission.
- File both forms before December 31, 2025 to avoid penalties.
Timely filing of GSTR-9 and GSTR-9C not only ensures the legal compliance but also portrays strong tax discipline and financial transparency. Businesses that maintain timely records are more likely to avoid future notices and audits, keeping operations smooth and hassle-free.
The launch of GSTR-9 and GSTR-9C filing for FY 2024-25 marks a significant milestone in the GST compliance calendar. With the due date set for December 31, 2025, businesses should prioritize data preparation and review processes early.
Early filing saves time, prevents penalties, and demonstrates responsible tax behavior — ensuring a seamless year-end compliance experience.
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