01 June 2019
Before certifying the Reconciliation Statement in GSTR 9 -C, is the Chartered Accountant mandetorily required to verify with documents and records that 1)the ITC is taken only on eligible inputs & input services 2) GST liability is correctly worked out 3) GST under reverse charge is paid on all applicable transactions 4) Job Work procedure is correctly followed or not. OR he is only required to reconcile the GST records with Balance Sheet figures and then certify accordingly? Please guide.
01 June 2019
Yes Chartered Accountant is mandetorily required to verify with documents and records that 1)the ITC is taken only on eligible inputs & input services 2) GST liability is correctly worked out 3) GST under reverse charge is paid on all applicable transactions 4) Job Work procedure is correctly followed or not. In addition to reconcile the GST records with Balance Sheet figures and then certify accordingly.
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