GST ANNUAL RETURN CHECKLIST (GSTR-9 & GSTR-9C)
For FY 2024-25 · Due 31 December 2025 · GSTR-9 if turnover exceeds Rs. 2 crore, GSTR-9C above Rs. 5 crore
Preparation
- ☐ Confirm applicability – aggregate turnover across all GSTINs on the PAN
- ☐ Collate all 12 months of GSTR-1, GSTR-3B and GSTR-2B
- ☐ Obtain the audited financial statements / trial balance
Turnover & Tax Reconciliation
- ☐ Reconcile outward turnover in books with GSTR-1 and GSTR-3B
- ☐ Account for amendments made in the returns of April-October
- ☐ Bifurcate supplies into taxable, exempt, nil-rated and non-GST
- ☐ Reconcile tax paid in cash and through ITC with the ledgers
- ☐ Report any additional liability with DRC-03 payment
Input Tax Credit
- ☐ Reconcile ITC availed in GSTR-3B with GSTR-2B and books
- ☐ Report ITC reversed and ineligible credits separately
- ☐ Split ITC into inputs, input services and capital goods
Reporting & Certification
- ☐ Prepare HSN-wise summary of inward and outward supplies
- ☐ Report demands, refunds and late fees during the year
- ☐ Complete GSTR-9C reconciliation statement (self-certified)
- ☐ File GSTR-9 first, then GSTR-9C, and retain acknowledgements
GSTR-9 and 9C cannot be revised once filed; late filing attracts fees up to a cap based on turnover, so reconcile thoroughly before submission.