Form GSTR 9C format


Every entity (PAN Number) with annual aggregate turnover over Rupees 2 Crores needs to file FORM GSTR 9C, an annual audit form for all their GST Registrations. Need help in filling your Form GSTR 9C? This article will help you understand the GSTR 9C format better.

Part 1


Basic Details

Enter the financial year, GSTIN, Legal name, Trade name (if available), and if you are liable to audit under any Act.

Part 2


Reconciliation of Gross Turnover

5A Turnover, including export turnover as per the audited financial statement for all states.
5BUnbilled revenue that was recorded at the beginning of the current financial year.
5CValue of all advances that are not adjusted in the financial year.
5DAggregate value of all deemed supplies under Schedule I of the CGST Act, 2017.
5EAll Credit Notes issued after 31st March and reflecting in GSTR 9.
5FTrade discounts accounted in the audited Annual Financial Statement but are not permissible by GST.
5GTurnover mentioned in the audited Annual Financial Statement for April 2017 to June 2017
5HUnbilled revenue of the financial year.
5I Unadjusted advances in the audited Annual Financial Statement.
5JValue of Credit Notes accounted under Annual Financial Statement but not permissible for GST.
5KValue of goods supplied from an SEZ to DAT.
5LThere are cases where a Tax Payer opts out of Composition Tax Payer during the current financial year. Turnover while under the Composition scheme should be mentioned here.
5MAny differences in turnover as per Section 15 of CGST Act, 2017 between GSTR 9 and Annual Financial Statement
5N Difference between GSTR 9 and audited Annual Financial Statement due to foreign exchange fluctuations.
5O Difference between GSTR 9 and audited Annual Financial Statement due to any other reason.
5QAnnual turnover as derived from Sr. No. 5N, 10 and 11 of GSTR 9.

Part 2.1


Reasons for Un-reconciled
Reasons for un-reconciled turnover between GSTR 9 and audited Annual Financial Statement.

Part 2.2


Reconciliation Taxable Turnover

7BValue of exempt, nil rated, non-GST, and no-supply turnover.
7CValue of supplies for which tax wasn’t paid.
7D Reverse charge value for which recipient need to pay taxes.
7EDifference value between adjustments declared in Table 7A and sum of Table 7B, 7C, and 7D.
7FTaxable turnover concerning the liability listed in GSTR 9.

Part 2.3


Difference
Reasons for un-reconciliation between GSTR 9 and Table 7E.

Part 3


Reconciliation of Tax Paid

9A to 9OEnter the Taxable value, Central, State, and Integrated Tax, and Cess (If applicable).
9QAmount payable as per Table 9 to Table 11 of GSTR 9.

Part 3.1


Reason
Reason for un-reconciliation between Table 9P and Table 9Q.

Part 3.2


Additional
Any amount which is payable, but not yet paid due to reasons specified under Table 6, 8, and 10.

Part 4


Reconciliation of ITC

12 AITC availed according to audited Annual Financial Statement. Tax Payers with multiple GSTINs registered under the same PAN should derive this value from audited accounts.
12 BITC that was mentioned in earlier financial years, but availed in the current financial year.
12 CITC that is mentioned in the current financial year, but will be availed in the next financial year.
12 EITC claimed in Table 7J as per GSTR 9.

Part 4.1


Reason

Reasons of un-reconciled ITC between Table 12D and new ITC availed in GSTR 9.

Part 4.2


Reconciliation of ITC

4A to 14 QValue, Amount of Total ITC, and Amount of eligible ITC availed for each category of expenses.
14SNet ITC declared in Table 7J of GSTR 9.

Part 4.3


Reason for Un-reconciliation of ITC
Reason for un-reconciled ITC between Table 14R and Table 14S.

Part 4.4


Tax Payable
Any amount which is payable due to reasons mentioned in Table 13 and 15

Part 5


Auditor Recommendation
Auditor’s recommendations on your additional tax liability due to non-reconciliation. Auditor has to enter the taxable value, Central, State, and Integrated Tax, and Cess value (if applicable) for different categories.