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Filing of GST 9

DARSHIT RATHOD (27 Points)

24 May 2019

Should GSTR 9 should be filed as per books or it is just a summary of all returns?
Please elaborate!

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6 Replies

Naimish Sanghvi (46 Points)
Replied 24 May 2019

for GSTR 9, you have to verify your GSTR1 & GSTR2 Data with your accounting books & as per you filled your return. then you filled your GSTR 9. in this your GSTR2 Data matching with GST portal but for GSTR1 You change your sales Detail as per your books

CA Altamush Zafar (GST Consultant) (15907 Points)
Replied 24 May 2019

Ideally GSTR-9 should reconcile with books. But reconciliation of GSTR 9 with books is to be done through GSTR-9C

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DARSHIT RATHOD (27 Points)
Replied 24 May 2019

CA Altamush Zafar
Sir can you explain it in detail?

CA Altamush Zafar (GST Consultant) (15907 Points)
Replied 24 May 2019

The concept is that in annual return GSTR-9 you as a business entity have to show every supply and itc as applicable as per law. If everything is done correctly this should ideally be matching with your monthly returns and books of accounts. GSTR-9C is audit report which an auditor will prepare after reconciling your above prepared gstr9 and your books of accounts. Barring some adjustment entries they should reconcile. Therefore in the most ideal situation all three - monthly returns, gstr-9 and gstr-9c should match. But practically its far from possible.

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Aditi (Articles) (169 Points)
Replied 24 May 2019

Autopopulation in GSTR 9 in Outward taxable supplies is as per GSTR 1.and not 3B. But in GSTR 9 we have to show outward taxable supplies as per books and not the summary of all the returns.

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 25 May 2019

Yes correct .... but must have reconciliation .

The basic concept to file GSTR 9 is to provide data as per books & Financial Statement in GSTR 9, but you must have explanations & proper reconciliation statement for any difference .