GST Annual Return Filing, known as GSTR-9, is a mandatory requirement for businesses registered under the Goods and Services Tax (GST) system in India. It involves providing a comprehensive summary of all transactions, sales, purchases, and input tax credits for an entire financial year. GSTR-9 provides a holistic view of a business's GST-related activities, aiding tax authorities in ensuring compliance and accuracy. This annual return filing is crucial for businesses to review and reconcile their GST data, ultimately promoting transparency and accountability in the taxation process.
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