Mandatory fields in GSTR-9 include, primarily, Table 4 (Outward Supplies), Table 6 (ITC Claimed), Table 8 (Net ITC available), Table 9 (Tax Paid), and Tables 10 & 11 (Previous Year's Adjustments). These sections cover consolidated details of sales, purchases, and tax paid. HSN Summary (Table 17) is also mandatory for certain turnover levels.
Mandatory Tables in GSTR-9
Captures details of taxable supplies, exports, and exempt/nil-rated supplies. This table is critical for summarising all outward supplies during the financial year and is auto-populated from the GSTR-1 filings.
It contains all key details of the transaction, including the names and addresses of the supplier and buyer, GSTIN, invoice number and date, description of goods or services, quantity, HSN or SAC codes, taxable value, and the GST breakup (CGST, SGST or IGST).
Is it mandatory to file Form GSTR-9? Yes, it's mandatory to file Form GSTR-9 for normal taxpayers. It may, however, be made optional for taxpayers having AATO up to a certain threshold, from time to time.
To make a GST invoice, include all mandatory details like supplier and recipient GSTIN, invoice number and date, item descriptions with HSN/SAC codes, quantities, tax rates, and total amounts, either manually or using invoicing software. For goods, the invoice should be issued before or at the time of removal.
Ensure invoices include all mandatory details such as invoice number, date, GSTIN, HSN code, and taxable amount. Use the correct HSN/SAC codes based on the nature of goods/services. Refer to the GST rate schedule. Verify applicable GST rates (e.g., 5%, 12%, 18%, 28%) for the product/service being invoiced.
Invoices - what they must include
your company name, address and contact information. the company name and address of the customer you're invoicing. a clear description of what you're charging for. the date the goods or service were provided (supply date) the date of the invoice.
Common Reasons for Wrong Data in GSTR-9
From FY 2020-21 onwards, taxpayers can self-certify GSTR-9C, and it is no longer necessary to get it certified by a Chartered Accountant (CA) or Cost Accountant.
For instance, if you claimed earlier-year ITC between April and October of the next financial year (before the due date of GSTR-3B for October), that must appear in Table 13. So yes, Table 13 is mandatory whenever you've claimed late ITC.
Mandatory fields include:
What is compulsory registration under GST? Businesses with a turnover above Rs 40 lakhs involved in the sale of goods or Rs 20 lakhs in the case of services and entities satisfying specific conditions stipulated under Section 24 of the CGST Act, 2017 are compulsorily required to register under GST.
If your organisation is registered as an MSME, you can add its MSME details and display the MSME/Udyam Registration Number in your organisation's address in transaction PDFs to stay compliant with section 43B(h) of the Finance Act 2023.
From FY 2021-22 onward, the HSN Summary is mandatory, and the taxpayer must report outward and inward supplies separately based on applicable turnover slabs.
Each invoice receives a unique Invoice Reference Number (IRN) and QR code, ensuring authenticity and enabling seamless data exchange with GST returns and e-way bills. This system, mandatory for businesses with turnovers exceeding ₹5 crore, reduces errors, automates return filing, and enhances tax compliance.
The following category of tax persons are exempted from payment of 1% of GST in Cash 1. Registered taxpayers who have paid income tax above Rs 1.00 in Income Tax during the last two years continuously 2. Taxpayers who have zero-rated supplies without payment of duty and claimed refund of more than Rs 1.00 lac 3.
Tables 5, 7, 9 & 12 are mandatory for GSTR-9C. Tables 6, 8, 10 & 13 must only be filled if there are any unreconciled amounts as per mandatory tables mentioned above.
PROCEDURE FOR CLAIMING REFUND
The refund application shall be accompanied with a certification from a Cost Accountant or Chartered Accountant, provided the amount of refund exceeds Rs 2 lakhs.
Ans. Unique Document Identification Number (UDIN) has been made mandatory for all kinds of the Certifications, GST and Tax Audit Reports and other Audit, Assurance and Attestation functions undertaken/signed by full-time Practicing Chartered Accountants.
All regular GST-registered taxpayers with an annual turnover exceeding Rs. 2 crores are required to file GSTR-9C, which includes a reconciliation statement and certification by a Chartered Accountant (CA) or Cost Management Accountant (CMA).
For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 9%. For instance, if you issue an invoice and receive payments for your supply on or after 1 Jan 2024, you must account for GST at 9%.
The GST law does not allow any revision of GSTR-9. Once filed, it is treated as final for that financial year. Incorrect figures in GSTR-9 (turnover, tax, ITC, HSN, RCM) can trigger GST notices, audit queries and potential demands, especially where they do not match GSTR-1, GSTR-3B, GSTR-2B and books.
GST Invoice Format and Mandatory Details It Must Include
12 common invoicing mistakes (and how to fix them)
As of the latest update, any business with an annual turnover exceeding ₹5 Crore must follow e-invoicing norms. This rule applies if your turnover crossed this ₹5 Crore limit in any single financial year from 2017-18 onwards. It is mandatory for all your B2B supplies and for exports out of the country.