Difference in Sales as per GST Return and Income Tax Return

This query is : Resolved

DIVYESH JAIN (Querist)
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31 January 2020 Dear Sir,

While filing GSTR-9 return for F.Y. 2017-18 of a Partnership firm (CA), I am getting a difference in Sales figure shown in my Income Tax Return and Sales figure reflecting in my GSTR-1.

The difference is due to Cash system of accounting followed while paying Service Tax. My query is how this calculation can be shown in GSTR-9 to match it with Sales as per Income tax return.

Regards,
Divyesh Jain

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 January 2020 Show it in 9c reconciliation.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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03 February 2020 But the firm is not liable to file 9c reconciliation since turnover is below 2 crore

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 February 2020 In such a case 9 filing not mandatory. Even if it's filed you can reply when asked for.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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04 February 2020 Ok, and one more thing, at the time of finalizing the accounts for F.Y. 2017-18, it was found that there was short payment of GST in GSTR-3B when we compared it with GSTR-1 of around 1 lac. Hence the payment was done at that time and amount is reflecting in Cash ledger balance. In this case, is it mandatory to file GSTR-9 to adjust the liability if not liable to GST Audit.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 February 2020 Yes file it to adjust liability.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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07 February 2020 Thank you Sir. My return is now filed.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 February 2020 Welcome.................

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