Ramaraju G 15 November 2019
Turnover as per books of accounts includes GST, while reconciling taxable turnover as per GSTR 9 and books turnover (includes GST), Do we need to exclude GST in order to match with taxable turnover as per GSTR9??, I mean to say should I mention the GST(output GST) amount in deductions part in GSTR 9C reconciliation??
Thanks in advance
Pankaj Rawat (GST Practitioner) 15 November 2019
yes you are required to exclude GST , As ,in table 5(p) of GSTR 9(c) the turnover from table 5(n) (+ 10,11 )of GSTR9 is autopopulated.
So the GST amount can be reported in 5(o) of GSTR 9C