HSN OF INPUT PURCHASE IN GSTR-9 IS MANDATORY FOR F.Y.2019-20 ?? GSTR-9 IS COMPULSORY OR NOT FOR TURNOVER BELOW 1.5 CRS IN F.Y.2019-20??

Reply—As per notification  No.47/2019–Central Tax Dated: 9th October 2019 as amended by Notification no.77/2020- Central Tax Dated 15th October 2020 registered persons whose aggregate turnover in a financial year does not exceed two crore rupees are not required to furnish the Annual Return for the financial year 2019-20.

As per notification no. 79/2020 (central tax) dated 15.10.2020, in Form GSTR-9,  in the entry beginning with the word, letters, and figures “For FY 2017-18” and ending with the words “an option to not fill this table.”, for the letters, figures and word “FY 2017-18 and 2018-19”, the letters, figures and word “FY 2017-18, 2018-19 and 2019-20” shall be substituted.

Therefore while filing Annual Return for the financial year 2019-20, these relaxations of optional feilds will be continued. Hence it is optional to declare HSN codes of inward supplies and outward supplies irrespective of amount of turnover while filing annual return for financial year 2019-20.