This document provides a detailed compliance overview for businesses required to file Annual GST Return (GSTR-9) and Reconciliation Statement (GSTR-9C) for the financial year ending 31 March 2025. It focuses on applicability, turnover thresholds, updated reporting formats, deadlines, and technical filing requirements. Applicability Based on Turnover 💼📈 Filing requirements are determined by a taxpayer’s aggregate annual turnover during FY 2024–25: 🟢 Turnover up to ₹2 Crore GSTR-9 is not mandatory Voluntary filing is permitted 🔵 Turnover exceeding ₹2 Crore GSTR-9 filing is mandatory 🔴 Turnover exceeding ₹5 Crore Both GSTR-9 and GSTR-9C are mandatory Categories Fully Exempted from GSTR-9 🚫📑 Regardless of turnover, the following taxpayers are not required to file GSTR-9: Composition dealers (they file GSTR-9A) Casual taxable persons Input Service Distributors (ISD) Non-resident taxable persons Statutory Due Date & Late Fee Provisions ⏰⚠️ 📅 Due Date: 31 December 2025 💰 Late Fee: ₹200 per day ₹100 CGST ₹100 SGST 🔒 Maximum Late Fee Cap: Limited to 0.25% or 0.5% of annual turnover in the respective State or UT, as applicable under GST law Structural & Reporting Changes Introduced 🆕🧩 Several important changes affect how information is reported for FY 2024–25: 📂 Revised ITC Reporting Table 6A1: ITC of earlier financial years claimed in the current year Table 6A2: ITC pertaining strictly to the current financial year 🔄 GSTR-1A Auto-Population Any supply additions or amendments made through GSTR-1A will now automatically reflect in the annual return 🛒 E-commerce Supply Disclosure New reporting fields added for supplies made through e-commerce operators under Section 9(5) of the CGST Act 💳 Flexible Tax Liability Payment Additional tax identified during reconciliation can be paid using cash or available ITC, offering more flexibility than earlier provisions Filing & Authentication Requirements 🔐🖊️ 🏢 Companies and LLPs: Filing must be authenticated using a Digital Signature Certificate (DSC) 👤 Other Taxpayers: May authenticate using Electronic Verification Code (EVC) 📘 Self-Certified Reconciliation GSTR-9C is now self-certified, though it must be prepared using audited financial statements Important Compliance Notes ⚖️📌 ❌ No Revision Allowed Once filed, GSTR-9 and GSTR-9C cannot be revised under any circumstances 📊 Accuracy is Critical All disclosures must match audited records, returns filed during the year, and reconciliation data