GSTR-9 & GSTR-9C for FY 2024-25: Key Changes, ITC Reporting Rules and FAQs Alert

GSTR-9 & GSTR-9C for FY 2024-25

The GST portal has released a detailed FAQ for GSTR-9 & GSTR-9C for FY 2024-25, providing much-needed clarity on ITC reporting, auto-population, reversals, reclaims, and late fees. These updates are important for taxpayers, businesses, and professionals preparing annual returns. Below is a simplified and concise explanation of the key changes and rules. When Will GSTR-9 … Read more

GSTR-9 And GSTR-9C Annual Filing FY 2024–25 – Avoid Costly Errors and Ensure Smooth Compliance

GSTR-9 And GSTR-9C

GSTR-9 And GSTR-9C are important annual compliance forms under GST. Every regular taxpayer must file them once the financial year ends. These forms cover your yearly business summary – sales, purchases, ITC claimed, tax paid, and reconciliations. What is GSTR-9? GSTR-9 is an annual return under Section 44 of the CGST Act, 2017. It provides … Read more