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Gst 9 annual

bhavisha (accountant) (103 Points)

04 June 2019

in gstr 9 or 9a which figure we have to show

only from gst comes or from the beginning of year that is from 1st April 17 to march 18.

in 9c they ask figure with income tax balance sheet and profit and loss account

pl.replay

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6 Replies

Bhuvana Uppala (2 Points)
Replied 04 June 2019

9 or 9a is summary of what you have filed in gst website..while 9c is reconciliation between IT p&l,balance sheet and gst turnovers.

bhavisha (accountant) (103 Points)
Replied 05 June 2019

so in that case , in 9c there would be different figures , as in incometax we have shown full year sales purchase & other vat detail also. so no worry about the difference

is it true.?

Suresh Agrawal (Tax Consultant) (40 Points)
Replied 05 June 2019

GSTR-9A is the annual return form to be filed by Composition Dealers. GSTR-9C is a reconciliation statement between GSTR-9 and the annual audited financial statements.

Suresh Agrawal (Tax Consultant) (40 Points)
Replied 05 June 2019

1. Basic Format of GSTR 9?

Part I: Basic Details (Table 1-3B)

Part II: Details of Outward & inward supplies made during the financial year (Table 4-5)

Part III: Details of ITC for the financial year (Table 6-8)

Part IV: Details of tax paid as declared in returns filed during the financial year (Table 9)

Part V: Particulars of the transactions for the previous FY declared in returns of April to September of current FY or upto date of filing of annual return of previous FY whichever is earlier (Table 10-14)

Part VI: Other Information (Table 15-19)

2. How to prepare GSTR-9?

Download System Computed Summary of GSTR 9:

Services > Returns > Annual Return > FY 2017-18 > Prepare Online > Select NIL Return Yes or No > Download GSTR 9 System Computed Summary

Download Comparison of Liability declared & ITC claimed Report for FY 2017-18 : . Services > Returns > Returns Dashboard > FY 2017-18 : March > Comparison of Liability declared & ITC claimed > View > Click on Refresh Button

Download Credit & Liability Statement along with 4 Reports available i.e.

1. Liability other than Export/Reverse Charge
2. Liability Due to Export and SEZ Supplies
3. Liability due to Reverse Charge
4. ITC Credit Claimed & Due

Download GSTR 2A

Services > Returns > Returns Dashboard > FY 2017-18 : March > Auto Draft Details GSTR 2A

Analyse the Differences (if any) on the above reports & compare the same with Books of Account

Have Final figures on Record:

1. Sales : IGST- CGST- SGST
2. NIL Rated Sales, Exempt Sales
3. RCM Liability : IGST- CGST- SGST
4. Input Claimed : IGST- CGST- SGST
5. Input Reversed : IGST- CGST- SGST
6. Input as per GSTR 2A : IGST- CGST- SGST
7. Bifurcate Input Claimed into Inputs, Input Services & Capital Goods

Differences/Mismatch may arise due to following

1. Differential reporting in GSTR 3B & GSTR 1 – Pay additional Liability through DRC -03
2. Under/Over reporting of Outward Supplies in GST Returns – Show only Correct Amounts in GSTR 9 – Refer Point 3 to 5 below
3. Amendments done during the same Financial Year – Show in Table 4 –Point K & L
4. Amendments done during the subsequent Financial Year – Show in Amendments Table 10 & 11.
5. Non-reporting of Sales Invoices altogether – Add in Table 4 & Table 5 & Pay Tax on Differential amount with Interest
6. Non-availment of ITC – ITC not availed upto prescribed deadline will lapse
7. Delayed availment of ITC in Next FY – Show in Table 8 – Point C
8. Excess availment of ITC – Bifurcate only Correct ITC in Table 6 & pay interest on excess availment

Fill the required details in Form GSTR 9

Verify all the Details & Submit the return by Computing Liabilities & File with OTP/DSC

Pay the Additional Liability through DRC-03(If any)

Aditi (Articles) (169 Points)
Replied 05 June 2019

I think to match with the outward supply for full year in GSTR 9 we have to enter details in [5. Details of Outward supplies made during the financial year on which tax is not payable - Point (F) Non-GST supply (includes ‘no supply’)]