"GSTR-9 is an annual return that must be filed by registered taxpayers whose annual turnover exceeds Rs. 2 crores during the financial year. The return provides a summary of the taxpayer's sales and purchases during the financial year and is used to reconcile the figures reported in the taxpayer's monthly or quarterly returns.
GSTR-9C is a reconciliation statement between the Annual Returns GSTR-9 , and the figures as per the audited annual Financial Statements of the taxpayer. GSTR-9C is filed by taxpayers whose annual turnover exceeds Rs. 5 crores during the financial year and self-certify it before filing it on the GST portal.
Both GSTR-9 and GSTR-9C are mandatory returns that must be filed by all registered taxpayers under the GST regime. The due date for filing the GSTR-9 and GSTR-9C returns is 31st December of the next financial year."
GSTR-4 is an annual return that must be filed by taxpayers registered under the composition scheme of the Goods and Services Tax (GST) in India. The due date of filing it is April 30th of the financial year, succeeding the year for which taxpayers are filing the GSTR 4 annual return.
The information reported in the GSTR-9,GSTR-9C & GSTR-4 (Annual) returns is used by the tax authorities to verify the taxpayer's compliance with the GST laws and to monitor their tax liability. Failure to file the returns on time may result in late fees and penalties, and may also affect the taxpayer's credit rating and legal standing.
