ICICI

GSTR9 case studies with every issue covered

Saiyyam Jain 
on 16 July 2019


GENERAL INFORMATION

• Annual Return was Inserted vide Notification No. 39/2018-Central Taxes Dated 04.09.2018 which was supposed to be filled on the basis of data filed in the Returns only

• Thereafter Annual Return was Substituted vide Notification No. 74/2018- Central Tax Dated 31.12.2018 and now details are to be filled which are available in the Books of Accounts

• There are 19 Tables in 6 parts of Annual Returns

• Table No. 4 & 5 of Part II as well as Table No. 10 & 11 of Part V mainly consist of details of outward supplies which we are now discussing here for case study purposes

• Table No. 6, 7 & 8 of Part III deals with Input Tax Credit, which we are now discussing here for case study purposes

• Table 9 shows Tax Payment in Cash as well as set off thru ITC of the Transactions shown in Table, 4, 6 & 7.

• Table 10, 11,12 & 13 for transactions related to 2017-18 but shown in 2018-19

• Table 14 shows tax payments in cash as well as set off thru ITC of the Transactions shown in Table 10,11,12 & 13

• Annual Return once filed can not be revised

• Each Registered dealer who are liable to file GSTR-1 & 3B are liable to file Annual Return, Even Nil Annual return is required to be filed.

Instruction of GSTR-9

• 3. Liability Can be discharge but ITC can not be claimed through Annual Return.
• 4. Annual Return to be filed on the basis of details filed in 3B if liability not yet discharged, still liability can be paid thru DRC-03 and declared it in the Annual Return.
• 7. Table 10,11,12 & 13 to be used for details pertains to 2017-18 but declared in 3B of 218-19(Extended up to March-19 return)

CASE STUDY NO.1:


AS PER BOOKS OF ACCOUNTS 2017-18 (AUDITED BALANCE SHEET)

TURNOVER

TAX

1,00,000/-

18,000/-

 

 


 

AS PER GSTR-3B

AS PER GSTR-1

 

2017-18

2018-19

2017-18

2018-19

TURNOVER

1,00,000/-

 

1,00,000/-

 

TAX

18,000/-

 

18,000/-

 


GSTR FORM-9

TURNOVER

GSTR FORM-9

TAX PAYABLE

REMARKS

TABLE- 4

1,00,000/-

TABLE-9

18,000/-

NOTHING

 

 

 

 

 

 

 

 

 

 


CASE STUDY NO.2:


AS PER BOOKS OF ACCOUNTS 2017-18 (AUDITED BALANCE SHEET)

TURNOVER

TAX

1,00,000/-

18,000/-

 

 


 

AS PER GSTR-3B

AS PER GSTR-1

 

2017-18

2018-19

2017-18

2018-19

TURNOVER

 

1,00,000/-

 

1,00,000/-

TAX

 

18,000/-

 

18,000/-


GSTR FORM-9

TURNOVER

GSTR FORM-9

TAX PAYABLE

REMARKS

TABLE-10

1,00,000/-

TABLE-14

18,000/-

INSERT

 

 

 

 

 

 

 

 

 

 


CASE STUDY NO.3:


AS PER BOOKS OF ACCOUNTS 2017-18 (AUDITED BALANCE SHEET)

TURNOVER

TAX

1,00,000/-

18,000/-

 

 


 

AS PER GSTR-3B

AS PER GSTR-1

 

2017-18

2018-19

2017-18

2018-19

TURNOVER

80,000/-

20,000/-

80,000/-

20,000/-

TAX

14,400/-

3,600/-

14,400/-

3,600/-


GSTR FORM-9

TURNOVER

GSTR FORM-9

TAX PAYABLE

REMARKS

TABLE -4

80,000/-

TABLE-9

14,400/-

NOTHING

TABLE -10

20,000/-

TABLE-14

3,600/-

INSERT

 

 

 

 

 


CASE STUDY NO.4:


AS PER BOOKS OF ACCOUNTS 2017-18 (AUDITED BALANCE SHEET)

TURNOVER

TAX

1,00,000/-

18,000/-

 

 


 

AS PER GSTR-3B

AS PER GSTR-1

 

2017-18

2018-19

2017-18

2018-19

TURNOVER

80,000/-

 

 

 

TAX

14,400/-

 

 

 


GSTR FORM-9

TURNOVER

GSTR FORM-9

TAX PAYABLE

REMARKS

TABLE -4

1,00,000/-

TABLE-9

18,000/-

RECTIFY

 

 

 

 

 

Pay Rs. 3,600/- through DRC-03


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