TaxTMI 
TaxTMI 
TaxTMI 
GSTR-9 has not been filed for 2020-21 & 2021-22. Filed for subsequent years. Turnover in 20-21 is below Rs. 2 Crore & in 21-22 it is Rs. 2.40 Crore. No communication from department. What are the consequences and options for the dealer. Thanks.
Non filing of GSTR-9 Annual Return
Murari Agrawal
Omitted GSTR-9 filings: FY2020-21 optional, FY2021-22 liable for late fee capped at 0.25%; reconcile GSTR-9C by 31 Mar 2025 Taxpayer omitted filing GSTR-9 for FY 2020-21 (turnover under Rs.2 crore) and FY 2021-22 (turnover Rs.2.40 crore). GSTR-9 is optional if aggregate turnover = Rs.2 crore, so 2020-21 may not require filing; 2021-22 remains liable to late fees (capped at 0.25% of turnover). A government notification waives late fees in excess of the statutory amount for specified persons who furnish reconciliation in GSTR-9C by 31-Mar-2025, but no refund will be granted for late fees already paid. Circular guidance (para 4) addresses GSTR-9 and GSTR-9C compliance. (AI Summary)