The GSTR-9 annual return for FY 2024-25 was due on 31st December 2025. If you have not filed yet, late fees are accumulating daily.
WHO MUST FILE GSTR-9
All regular GST-registered taxpayers must file GSTR-9 for each financial year. The following are not required to file:
- Taxpayers under the Composition Scheme (they file GSTR-4 annually)
- Input Service Distributors
- Casual taxable persons
- Non-resident taxable persons
- Persons paying TDS under Section 51
- Persons collecting TCS under Section 52
TURNOVER EXEMPTION: RS 2 CRORE THRESHOLD
Taxpayers with aggregate annual turnover up to Rs 2 crore have been exempted from filing GSTR-9 for FY 2024-25 via CBIC notifications. Aggregate turnover includes the value of all taxable, exempt, and export supplies computed on a PAN basis across all GSTINs, excluding inward supplies under reverse charge and GST cess. Filing remains optional for those below this threshold.
DUE DATE
The due date for GSTR-9 for FY 2024-25 was 31st December 2025. If you missed it, late fees apply from 1st January 2026 onward.
GSTR-9C: RECONCILIATION STATEMENT
Taxpayers with aggregate turnover exceeding Rs 5 crore must also file GSTR-9C alongside GSTR-9. This is a reconciliation statement between the annual return and audited financial statements. GSTR-9C is now self-certified by the taxpayer. It no longer requires certification from a practising CA or Cost Accountant.
LATE FEE SLABS FOR DELAYED FILING
From FY 2022-23 onward, reduced slab-based late fees apply per Notification No. 07/2023-Central Tax:
- Turnover up to Rs 5 crore: Rs 50/day (CGST+SGST), max 0.04% of turnover
- Turnover Rs 5 crore to Rs 20 crore: Rs 100/day, max 0.04% of turnover
- Turnover above Rs 20 crore: Rs 200/day, max 0.50% of turnover
PRACTICAL TIP
GSTR-9 cannot be revised after filing. Reconcile your GSTR-1 and GSTR-3B with your books thoroughly before submitting. Any mismatch that slips through will need to be corrected in the next year returns.
GSTR-9 Annual Return FY 2024-25: Exemptions, Due Date and Late Fee Slabs
@taxsocial_editorial · 03 Feb 2026 · 2 min read
TaxSocial Editorial Team
@taxsocial_editorial
This is the byline for articles produced by TaxSocial's own editorial desk rather than by an individual contributor. Every article under this name is written from the primary source — the Act, the rules made under it, the gazette notification, the circular or the judgment — and is checked against that source before it is published. Articles carry the date they were published and are updated when the law moves. How we work, and how to report an error, is set out on the Editorial Team page.
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Disclaimer: This content is the author's personal opinion and analysis. It does not constitute professional tax or legal advice. Consult a qualified professional for specific advice on your situation.
@taxsocial_editorial
This is the byline for articles produced by TaxSocial's own editorial desk rather than by an individual contributor. Every article under this name is written from the primary source — the Act, the rules made under it, the gazette notification, the circular or the judgment — and is checked against that source before it is published. Articles carry the date they were published and are updated when the law moves. How we work, and how to report an error, is set out on the Editorial Team page.
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