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we have filed GSTR-9 in FY 2021-22 because turnover cross 2 Cr. after that FY 23, 24, 25 we have not cross 2 Cr. so we have to file GSTR9 of these year.

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We have filed GSTR-9 in FY 2021-22 because turnover cross 2 Cr. after that FY 23, 24, 25 we have not cross 2 Cr. so we have to file GSTR9 of these year.

For FY 2023, 2024, and 2025, you do not need to file GSTR-9 if your aggregate turnover for each financial year is below ₹2 crore. This exemption applies even if you filed GSTR-9 in FY 2021-22 when your turnover exceeded ₹2 crore—GSTR-9 is not required for subsequent years if your turnover is below the threshold.

Key Points

  • GSTR-9 is only mandatory for businesses whose annual turnover exceeds ₹2 crore in that financial year.

  • For years where turnover does not cross ₹2 crore, GSTR-9 is not required to be filed, thanks to the latest CBIC notifications which have made this exemption permanent.

  • There is no requirement to file GSTR-9 just because it was filed in a previous high-turnover year—only the turnover of the current financial year matters.

So, you are exempt from filing GSTR-9 for FY 2022-23, FY 2023-24, and FY 2024-25 if turnover is below ₹2 crore in each year.

What is the threshold date for computing aggregate turnover for GSTR-9

The threshold for computing aggregate turnover for GSTR-9 is determined based on the total turnover for the entire financial year (April 1 to March 31). If your aggregate turnover exceeds ₹2 crore during any given financial year, you are required to file GSTR-9 for that year. However, if your turnover is ₹2 crore or less for the financial year, you are exempt from filing GSTR-9 for that period. The assessment is always done for the specific year in question and not based on previous years.

Should aggregate turnover be computed at PAN or GSTIN level for GSTR-9

Aggregate turnover for GSTR-9 should be computed at the PAN level (all-India basis), considering the combined turnover of all GSTINs registered under the same PAN across India. If the aggregate turnover for the financial year exceeds ₹2 crore across all GSTINs held by the PAN, GSTR-9 becomes applicable for each GSTIN, and the return must be filed registration-wise.

 

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