What is Rule 80 of the CGST Rules 2017?

Rule 80 of the CGST Rules 2017 outlines the requirements for filing the annual return by registered taxpayers in India, detailing essential aspects like the form to be used and the deadline for submission.

Who is required to file the annual return under Rule 80 of the CGST Rules 2017?

All registered taxpayers under the Goods and Services Tax (GST) regime must file an annual return as per Rule 80 of the CGST Rules 2017, regardless of their turnover.

What is the deadline for filing the annual return under Rule 80 of the CGST Rules 2017?

The deadline for filing the annual return under Rule 80 of the CGST Rules 2017 is typically set for December 31st of the following financial year.

Which form is used to file the annual return as per Rule 80 of the CGST Rules 2017?

The annual return is filed using Form GSTR-9 or GSTR-9A, depending on the type of taxpayer, as specified in Rule 80 of the CGST Rules 2017.

Can taxpayers revise their annual return filed under Rule 80 of the CGST Rules 2017?

No, once filed, the annual return under Rule 80 of the CGST Rules 2017 cannot be revised; taxpayers must ensure accuracy before submission.

What are the consequences of failing to file the annual return under Rule 80 of the CGST Rules 2017?

Failure to file the annual return under Rule 80 of the CGST Rules 2017 may result in penalties and interest, along with potential restrictions on future GST transactions.

Are there any exemptions for small taxpayers regarding the annual return under Rule 80 of the CGST Rules 2017?

Small taxpayers with a turnover below a specified threshold may be eligible to file a simpler annual return using Form GSTR-9A, as per Rule 80 of the CGST Rules 2017.

What documents are required to file the annual return under Rule 80 of the CGST Rules 2017?

To file the annual return under Rule 80 of the CGST Rules 2017, taxpayers need various documents, including sales and purchase invoices, financial statements, and a summary of output and input tax.

How does Rule 80 of the CGST Rules 2017 impact compliance for businesses?

Rule 80 of the CGST Rules 2017 enhances compliance for businesses by mandating a comprehensive annual return, thereby ensuring transparency and accuracy in GST records.

Where can taxpayers find guidance for filing the annual return under Rule 80 of the CGST Rules 2017?

Taxpayers can find detailed guidance for filing the annual return under Rule 80 of the CGST Rules 2017 on the official GST portal, which provides resources, FAQs, and helpdesk assistance.

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Rule 80 of the CGST Rules, 2017.

by Shakshi Bharti | Aug 7, 2024 | GST, Central Goods and Services Tax Rules, 2017, Rules | 0 comments

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Important Keywords: Rule 80 of the CGST Rules 2017, Annual return, FORM GSTR-9, FORM GSTR-9A, FORM GSTR-9B, section 52, section 51, section 44.

Rule 80 of the Central Goods and Services Tax Rules, 2017: Annual return.

¹[(1) Every registered person, other than those referred to in the second proviso to section 44, an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and anon-resident taxable person, shall furnish an annual return for every financial year as specified under section 44 electronically in FORM GSTR-9 on or before the thirty-first day of December following the end of such financial year through the common portal either directly or through a Facilitation Centre notified by the Commissioner:

Provided that a person paying tax under section 10 shall furnish the annual return in FORM GSTR-9A .

²[(1A) Notwithstanding anything contained in sub-rule (1), for the financial year 2020-2021 the said annual return shall be furnished on or before the twenty-eighth day of February, 2022.]

(2) Every electronic commerce operator required to collect tax at source under section 52 shall furnish annual statement referred to in sub-section (5) of the said section in FORM GSTR -9B .

(3) Every registered person, other than those referred to in the second proviso to section 44, an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, whose aggregate turnover during a financial year exceeds five crore rupees, shall also furnish a self-certified reconciliation statement as specified under section 44 in FORM GSTR-9C along with the annual return referred to in sub-rule (1), on or before the thirty-first day of December following the end of such financial year, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.]

²[(3A) Notwithstanding anything contained in sub-rule (3), for the financial year 2020-2021 the said self-certified reconciliation statement shall be furnished along with the said annual return on or before the twenty-eighth day of February, 2022.]

1. Substituted vide Notification No. 30/2021-CT dated 30.07.2021 for

“Rule 80. Annual return.-

(1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual return as specified under sub-section (1) of section 44 electronically in FORM GSTR-9 through the common portal either directly or through a Facilitation Centre notified by the Commissioner:

Provided that a person paying tax under section 10 shall furnish the annual return in FORM GSTR-9A.

(2) Every electronic commerce operator required to collect tax at source under section 52 shall furnish annual statement referred to in sub-section (5) of the said section in FORM GSTR -9B .

(3) Every registered person [other than those referred to in the proviso to sub-section(5) of section 35, ] whose aggregate turn over during a financial year exceeds two crore rupees shall get his accounts audited as specified under sub-section (5) of section 35 and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in FORM GSTR-9C, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.

[ Provided that for the financial year 2018-2019 and 2019-2020, every registered person whose aggregate turnover exceeds five crore rupees shall get his accounts audited as specified under sub-section (5) of section 35 and he shall furnish a copy of audited annual accounts and are conciliation statement, duly certified, in FORM GSTR-9C for the said financial year, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner. ] “

2. Inserted vide Notification No. 40/2021-CT dated 29.12.2021.

Frequently Asked Questions

What is Rule 80 of the CGST Rules 2017?

Rule 80 of the CGST Rules 2017 outlines the requirements for filing the annual return by registered taxpayers in India, detailing essential aspects like the form to be used and the deadline for submission.
Who is required to file the annual return under Rule 80 of the CGST Rules 2017?

All registered taxpayers under the Goods and Services Tax (GST) regime must file an annual return as per Rule 80 of the CGST Rules 2017, regardless of their turnover.
What is the deadline for filing the annual return under Rule 80 of the CGST Rules 2017?

The deadline for filing the annual return under Rule 80 of the CGST Rules 2017 is typically set for December 31st of the following financial year.
Which form is used to file the annual return as per Rule 80 of the CGST Rules 2017?

The annual return is filed using Form GSTR-9 or GSTR-9A, depending on the type of taxpayer, as specified in Rule 80 of the CGST Rules 2017.
Can taxpayers revise their annual return filed under Rule 80 of the CGST Rules 2017?

No, once filed, the annual return under Rule 80 of the CGST Rules 2017 cannot be revised; taxpayers must ensure accuracy before submission.
What are the consequences of failing to file the annual return under Rule 80 of the CGST Rules 2017?

Failure to file the annual return under Rule 80 of the CGST Rules 2017 may result in penalties and interest, along with potential restrictions on future GST transactions.
Are there any exemptions for small taxpayers regarding the annual return under Rule 80 of the CGST Rules 2017?

Small taxpayers with a turnover below a specified threshold may be eligible to file a simpler annual return using Form GSTR-9A, as per Rule 80 of the CGST Rules 2017.
What documents are required to file the annual return under Rule 80 of the CGST Rules 2017?

To file the annual return under Rule 80 of the CGST Rules 2017, taxpayers need various documents, including sales and purchase invoices, financial statements, and a summary of output and input tax.
How does Rule 80 of the CGST Rules 2017 impact compliance for businesses?

Rule 80 of the CGST Rules 2017 enhances compliance for businesses by mandating a comprehensive annual return, thereby ensuring transparency and accuracy in GST records.
Where can taxpayers find guidance for filing the annual return under Rule 80 of the CGST Rules 2017?

Taxpayers can find detailed guidance for filing the annual return under Rule 80 of the CGST Rules 2017 on the official GST portal, which provides resources, FAQs, and helpdesk assistance.