-· "FORM GSTR-9C See rule 80(3)
PART -A - Reconciliation Statement Pt. I Basic Details Financial 1.'<t:
1 Year 2 GSTIN 3A Le ial Name <Auto> Trade Name 3B 1~<Auto> 4 Are ou liable to audit under an Act?
'. Pt. j Reconciliation of turnover declared in audited Annual Financial Statement with ,,,JL.:L_ ._,., .,, , .. . turnov~r. d~clar.ed.in Annµa\ Return (G~1:'R9L, ··~" _.,., .··,,· 0,,., ... , •• ,~ 5 Reconciliation of @ross Turnover lo Turnover (ihcl.uding exports) as per audited financial A statements'fer llie State/ UI'_(For multi-GSTIN units under . same PAN the turnover shall be derived from the audited 1, • Annual Financial Statement) _ 11 1, ,, B Unbilled revenue at the beginning ofFinanciw Year (+) C Unadjusted advances at the end of the Finan~al Year (+) D Deemed Supply under Schedule I (+) E Credit Notes issued after the end of the financial year (-) but reflected in the annual return ~· 1, Trade Discounts accounted for in the audited Annual F Financial Statement but are not permissible liftder GST ,. (+) G Turnover from April 2017 to June 2017 (-) H Unbilled revenue at the end of Financial Year (-) 1 Unadjusted Advances at the beginning of the Financial Year {-) 1:
11 Credit notes accounted for in the audited An(aal J Financial Statement but are not permissible under GST K Adjustments on account of supply of goods by SEZ units to JJT A Units {-) (+) L Turnover for the period under composition scheme M Adjustments in turnover under section 15 an',fllles thereunder _ {~) {+/ ) I N Adjustments in turnover due to foreign exchange fluctuations L (+/ ) 0 Adjustments in turnover due to reasons not listed above {+/ ) P Am}.ual tum@v:e,i: after adjustments as -a15ov:e I' Q T:umover as declared in Annual Return (:6STR9) -~-- -~~-- ; - <Auto> 6 Reasons for Un - Reconciled difference in Annual Gross Turnover A Reason 1 1 <<Text>> B Reason 2 _ , I ~,, <<Text>> C Reason 3 7 B i..-,;...;.;.=~---~-~---.,....,..------____,----,;;-,.--+----------- C ~.::.:::..;;;...,;;;::..:.a:.;::~~~~..;==-=~~~r,,,.=;,,.;;;.;:~:;.,;,...----..,...,,......,,,i..---------i D E <Auto> i--=-=~~=::....;...;a~~=:....,;~.:;,.;.;;;~=~,::...,,;..-~,;;...::;;~....:;:....~-----'- ..,e--!- ----'~.c.c...----------1 F G AT2 8 Reasons for Un - RJconciled difference in taxable turnover A Reason 1 <<Text>> 1----------'--'----------------------- B Reason 2 <<Text>> 1-,,-----------~---------------------- c Reason 3 <<Text>> Description Integrated Tax Cess, if tax a. licable 1 2 ,J· 3 5 6 A 5% B 5% RC C 12% D 12% RC E 18% F 18% RC G 28% H 28% RC I 3% J 0.25% K 0.10% L Interest M Late Fee N Penalt 0 Others Total amount to p be paid as per tables above <Auto> <Auto> <Auto> Total Q amount paid as declared f~· in Ann ual Return GSTR9 Unreconciled ~ R payment of amount PTl 10 Reasons for un-reconciled a ment of amount C Reason 3 <<Text>> :r., <<Text>> <<Text>> 11 Additional amount payable but not paid ( due to reasons specified under Tables 6,8 and 10 above . .
To be aid throu h Cash Cess, if a licable tax Integrated tax 3 4 5 6 5%
1.2% 18% 28% 3%
0.25%
0.10% B Financiai Year + ITC booked in current Financial Year to be cJ.~imed in C subse uent Financial Years UC availed as per audited financial statements or books of D account E ITC claimed in Annual Return GSTR9 F Un-reconciled ITC <Auto> ITC 1 13 Reasons for un-reconci ed difference in ITC ..
<<Text>> <<Text>> A Reason 1 B Reason2 C Reason 3 <<Text>> 14 Reconciliation of I'TC declared in Annual Return (GSTR9) with ITC availed on er audited Annual Financial Statement or books of account Description Value Amount of Total ITC Amount of eligible ITC availed 1 2 3 4 A 1------------------+---------+------------l B 1----'~--_._c--~--------+---------l---------~ C Power and Fuel Imported goods D (Including received from SEZs E Rent and Insurance Goods lost, stolen, F destroyed, written off or disposed of by way of ift or free sam les G Ro alties Employees' Cost H (Salaries, wages, Bonus etc.
I 1-----"'------""'------------+---------1--------------l J 1-------------------------------1------------I K Entertainment char es Stationery Expenses L (including postage etc.
Repair and M Maintenance N Other Miscellaneous 0 1--~-...,.,_-----+---------+------'---l--------~ p 1----'L---------"'--------+---------+-------l--------~ Q ___. ~ R <<Auto>> ITC claimed in ...
Annual Return S C1STR9 Un-reconciled ITC T ITC2 15 Reasons fortn - reconciled difference in ITC A Reason 1 B Reason 2 <<Text>> <<Text>> C Reason 3 <<Text>> Tax payable on un-reconciled difference in ITC (due to reasons specified in 13 16 and 15 above Descri tion Amount Pa able Central Tax State/UT Tax Integrated Tax -> '· ~ 5% 3 Integrated tax Cess, if a licable tax 5 6 12% .. , 18% 28% 3% --'-- --+-------::---c-- -----
0.25%
0.10% Input Tax Credit Interest Late Fee Penalt Any other amount paid for supplies not included in Annual Return GSIR9 , Erroneous refund to be aid back Outstanding demands to be settled Other (PL Verification:
• I hereby solemnly affirm and declare that the information given herein above is true and correct to the best of my knowledge and belief and nothing has been concealed there from.
**(Signature and stamp/Seal of the Auditor) Place: .
Name of the signatory .
Membership No .
Date: .
Full address .
Verification of registered person:
I hereby solemnly affirm and declare that I am uploading the reconciliation statement in FORM GSTR-9C prepared and duly signed by the Auditor and nothing has been tampered or altered by me in the statement. I am also uploading other statements, as applicable, including financial statement, profit and loss account and balance sheet etc.
Signature Place:
Date: Name of Authorized Signatory Designation/ status Instructions: -
9. Terms used:
(a) GSTIN: Goods and Services Tax Identification Number
10. It is mandatory to file all your FORM GSTR-1, FORM GSTR-3B and FORM GSTR-9 .,'..~~} for the FY 2017-18 before filing this return. The 'details for the period between July 2017 to March 2018 are to be provided in this statement for the financial year 2017-18. The reconciliation statement is to be filed for every GSTIN separately.
11. The reference to current financial year in this statement is the financial year for which the reconciliation statement is being filed for. 1_.,-,.
' 12. Part II consists of reconciliation of the annual turnover declared in the audited Annual Financial Statement with the turnover as declared in the Annual Return furnished in FORM GSTR-9 for this GSTIN. The instructions to fill this part are as follows :- Table No. Instructions 5A The turnover as per the audited Annual Financial Statement shall be declared here. There may be cases where multiple GSTINs (State-wise) registrations exist on the same PAN. This is common for persons/ entities with presence over multiple States. Such persons I entities, will have to internally derive their GSTIN wise turnover and declare the same here. This shall include export turnover (if any). It may be noted that reference to audited Annual Financial Statement includes reference to books of accounts in case of persons / entities having presence over multiple States.
5B Unbilled revenue which was recorded in the books of accounts on the basis of .II accrual system of accounting in the last financial year and was carried forward to the current financial year shall be declared here. In other words, when GST is payable during the financial year on such revenue (which was recognized earlier), the value of such revenue shall be declared here.
·1·· (For example, if rupees Ten Crores of unbilled revenue existed for the financial year 2016-17, and during the current financial year, GST was paid on rupees Four Crores of such revenue, then value of rupees Four Crores rupees shall be declared here) SC Value of all advances for which GS.T has been paid but the same has not been recognized as revenue in the audited Annual Financial Statement shall be declared here.
5D Aggregate value of deemed supplies under Schedule I of the CGST Act, 2017 shall be declared here. Any deemed supply which is already part of the turnover in the audited Annual Financial Statement is not required to be included here.
5E Aggregate value of credit notes which were issued after 31st of March for any supply accounted in the current financial year but such credit notes were reflected in the annual return (GSTR-9) shall be declared here.
',, i ' SF Trade discounts which are accounted for in the audited Annual Financial Statement but on which GST was leviable (being not permissible) shall be declared here. .;;
5G Turnover included in the audited Annual Financial Statement for April 2017 to June 2017 shall be declared here.
SH Unbilled revenue which was recorded in the books of accounts on the basis of accrual system of accounting during the current financial year but GST was not payable on such revenue in the same financial year shall be declared here.
51 Value of all advances for which GST has not been paid but the same has been recognized as revenue in the audited Annual Financial Statement shall be declared here.
SJ Aggregate value of credit notes which have been accounted for in the audited Annual Financial State)nent but were not admissible under Section 34 of the CGST Act shall be declared here.
SK Aggregate value of all goods supplied by SEZs to DT A units for which the DT A units have filed bill of entry shall be declared here.
SL There may be cases where registered persons might have opted out of the composition scheme during the current financial year. Their turnover as per the audited Annual Financial Statement would include turnover both as composition taxpayer as well as normal taxpayer. Therefore, the turnover for which GST was paid under the composition scheme shall be declared here.
SM There may be cases where the taxable value and the invoice value differ due to valuation principles under section 15 of the CGST Act, 2017 and rules thereunder. Therefore, any difference between the turnover reported in the Annual Return (GSTR 9) and turnover reported in the audited Annual Financial Statement due to difference in valuation of supplies shall be declared here.
SN Any difference betweetl. the turnover reported in the Annual Return (GSTR9) and turnover reported in the audited Annual Financial Statement due to foreign exchange fluctuations shall be declared here.
50 Any difference between the turnover reported in the Annual Return (GSTR9) and turnover reported in the audited Annual Financial Statement due to reasons not listed above shall be declared here.
SQ Annual turnover as declared in the Annual Return (GSTR 9) shall be declared here. This turnover may be derived from Sr. No. SN, 10 and 11 of Annual Return (GSTR 9).
6 Reasons for non-reco11,.ciliation between the annual turnover declared in the audited Annual Financial Statement and turnover as declared in the Annual Return (GSTR 9) shall be specified here.
7 The table provides for reconciliation of taxable turnover from the audited annual turnover after adjustments with the taxable turnover declared in annual return (GSTR-9). 1,)) 7A Annual turnover as derived in Table SP above would be auto-populated here.
7B Value of exempted, nil rated, non-GST and no-supply turnover shall be declared here. This shall be reported net of credit notes, debit notes and amendments if any.
7C Value of zero rated supplies (including supplies to SEZs) on which tax is not 1,,'(t~ paid shall be declared here. This shall be reported net of credit notes, debit notes and amendments if any.
7D Value ofreverse charge supplies on which tax is to be paid by the recipient shall be declared here. This shall be reported net of credit notes, debit notes and amendments if any. ,.:du 7E The taxable turnover is derived as the difference between the annual turnover after adjustments declared in Table 7 A above and the sum of all supplies (exempted, non-GST, reverse charge etc.) declared in Table 7B, 7C and 7D above.
7F Taxable turnover as declared in Table ( 4N -4G) + (10-11) of the Annual Return (GSTR9) shall be declared here.
8 Reasons for non-reconciliation between adjusted annual taxable turnover as derived from Table 7E above and the taxable turnover declared in Table 7F shall be specified here.
13. Part III consists of reconciliation of the tax payable as per declaration in the reconciliation statement and the actual tax paid as declared in Annual Return (GSTR9). The instructions to fill this part are as follows :- Table No. Instructions ..
9 The table provides for reconciliation of tax paid as per reconciliation statement and amount of tax paid as declared in Annual Return (GSTR 9). Under the head labelled "RC", supplies where tax was paid on reverse charge basis by the recipient (i.e. the person for whom reconciliation statement has been prepared) shall be declared.
9P The total amount to be paid as per liability declared in Table 9A to 90 is auto populated here.
9Q The amount payable as declared in Table 9 of the Annual Return (GSTR9) shall be declared here. It should also contain any differential tax paid on Table 10 or 11 of the Annual Return (GSTR9).
10 Reasons for non-reconciliation between payable / liability declared in Table 9P above and the amount payable in Table 9Q shall be specified here.
11 Any amount which is payable due to reasons specified under Table 6, 8 and 10 above shall be declared here. -
14. Part IV consists ofreconciliation oflnput Tax Credit (ITC). The instructions to fill Part IV are as under:- I Table No. I Instructions ·- • 12A ITC availed ( after reversals) as per the audited Annual Financial Statement shall be declared here. There may be cases where multiple GSTINs (State-wise) registrations exist on the same PAN. This is common for persons / entities with presence over multiple States. Such persons / entities, will have to internally derive their ITC for each individual GSTIN and declare the same here. It may be noted that reference to audited Annual Financial Statement includes reference to books of accounts in case of persons / entities having presence over multiple States.
'Ir 12B Any ITC which was booked in the audited Annual Financial Statement of earlier financial year(s) but availed in the ITC ledger in the financial year for which the reconciliation statement is being filed for shall be declared here. This shall include transitional credit which was booked in earlier years but availed during Financial Year 2017-18.
12C Any ITC which has been booked in the audited Annual Financial Statement of the current financial year but the same has not been credited to the ITC ledger for the said financial year shall be declared here.
12D ITC availed as per audited Annual Financial Statement or books of accounts as derived from values declared in Table 12A, 12B and 12C above will be autopopulated here.
12E Net ITC available for utilization as declared in Table 7J of Annual Return (GSTR9) shall be declared here.
13 Reasons for non-recdti.ciliation of ITC as per audited Annual Financial Statement or books of account (Table l 2D) and the net ITC (Table l 2E) availed in the Annual Return (GSTR9) shall be specified here.
14 This table is for reconciliation of ITC declared in the Annual Return (GSTR9) against the expenses booked in the audited Annual Financial Statement or books . " of account. The various sub-heads specified under this table are general expenses in the audited Annual Financial Statement or books of account on which ITC may or may not be available. Further, this is only an indicative list of heads under which expenses are generally booked. Taxpayers may add or delete any of these heads but all heads of expenses on which GST has been paid / was payable are to be declared here.
14R Total ITC declared in Table 14A to 14Q above shall be auto populated here.
14S Net ITC availed as declared in the Annual Return (GSTR9) shall be declared here. Table 7J of the Annual Return (GSTR9) may be used for filing this Table.
15 Reasons for non-recorteiliation between ITC availed on the various expenses declared in Table 14R and ITC declared in Table 14S shall be specified here.
16 Any amount which is payable due to reasons specified in Table 13 and 15 above shall be declared here .
. •Ji
15. Part V consists of the auditor's reconimendation on the additional liability to be discharged by the taxpayer due to non-reconciliation of turnover or non-reconciliation of input tax credit. The auditor shall also recommend if there is any other amount to be paid for supplies ..
• not included in the Annual Return. Any refund which has been erroneously taken and shall be paid back to the Government shall also be declared in this table. Lastly, any other outstanding demands which is recommended to be settled by the auditor shall be declared in this Table.
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16. Towards the end of the return, taxpayers shall Be given an option to pay any additional liability declared in this form, through FORM DRC-03. Taxpayers shall select "Reconciliation Statement" in the drop down provided in FORM DRC-03. It may be noted that such liability shall be paid through electronic cash ledger only.
II.
PART-B-CERTIFICATION Certification in cases where the reconciliation statement (FORM GSTR-9C) is drawn up by the person who had conducted the audit:
'l' * I/we have examined the- ( a) balance sheet as on .
(b) the *profit and loss account/income and expenditure account for the period beginning from .............. to ending on , and
(c) the cash flow statement for the period beginning from to ending on , - attached herewith, of Mis (Name), (Address), ....................... (GSTIN).
2. Based on our audit I/we report that the said registered person- *has maintained the books of accounts, records and documents as required by the IGST/CGST/<<>>GST Act, 2017 and the rules/notifications made/issued thereunder *has not maintained the following accounts/records/documents as required by the IGST/CGST/<<>>GST Act, 2017 and the rules/notifications made/issued thereunder:
1.
2.
3.
3. (a) *I/we report the following observations/ comments/ discrepancies/ inconsistencies; if any:
··········································· ···········································
3. (b) *I/we further report that, - (A) *I/we have obtained all the information and explanations which, to the best of *my/our knowledge and belief, were necessary for the purpose of the audit/ information and explanations which, to the best of *my/our knowledge and belief, were necessary for the purpose of the audit were not provided/partially provided to us.
(B) In *my/our opinion, proper books of account *have/have not been kept by the registered person so far as appears from*my/ our examination of the books.
(C) I/we certify that the balance sheet, the *profit and Ioss/incorne and expenditure account and the cash flow Statement are *in agreement/not in agreement with the books of account maintained at the Principal place of business at and * * ........................ additional place of business within the State.
4. The documents required to be furnished under section 35 (5) of the COST Act and Reconciliation Statement required to be furnished under section 44(2) of the CGST Act is annexed herewith in Form No. GSTR-9C.
i
5. In *my/our opinion and to the best of *my/our information and according to explanations given to *me/us, the particulars given in the said Form No.GSTR-9C are true and correct subject to following observations/qualifi~ations, if any:
(a) .
(b) ······ ······ ······ ······ ········· ·················· ······ ···············
(c) : .
············································· ············································· • '.JT **(Signature and stamp/Seal of the Auditor) Place: .
Name of the signatory .
Membership No .
Date: .
Full address .
II. Certification in cases where the reconciliation statement FORM GSTR-9C is drawn up by a person other than the person who had conducted the audit of the accounts:
*I/we report that the audit of the books of accounts and the financial statements of M/s .
. . . .. .. . . . . . . .. (Name and address of the assessee with GSTIN) was conducted by Mis : (full name and address of auditor along with status), bearing membership number in pursuance of the provisions of the .................................. Act, and *I/we annex hereto a copy of their audit report dated .................................. along with a copy of each of:-
(a) balance sheet as on .
(b) the *profit and loss account/income and expenditure account for the period beginning from to ending on , ,.,Ji ( c) the cash flow statement for the period beginning from to ending on , and ( d) documents declared by the said Act to be part of, or annexed to, the *profit and loss account/income and expenditure account and balance sheet.
2. Vwe report that the said registered person- *has maintained the books of accounts, records and documents as required by the IGST/CGST/<<>>GST Act, 2017 and the rules/notifications made/issued thereunder *has not maintained the following accounts/records/documents as required by the IGST/CGST/<<>>GST Act, 2017 and the rules/notifications made/issued thereunder:
1.
2.
3. 3. The documents required to be furnished under section 35 (5) of the CGST Act and Reconciliation Statement required to be furnished under section 44(2) of the CGST Act is annexed herewith in Form No.GSTR-9C.
4. In *my/our opinion and to the best of *my/our information and according to examination of books of account including other relevant documents and explanations given to *me/us, the particulars given in the said Form No.9C are true and correct subject to the following observations/qualifications, if any:
(a) .
(b) .
(c) ····· ,.·· .
~ ,. . ... , ············································· **(Signature and stamp/Seal of the Auditor) Place: .
Name of the signatory .
Membership No .
Date: .
Full address ".
19. In the said rules, after FORM GST APL-03, the following form shall be inserted, namely: ;.?· "FORM GST RVN-01 [See rule 109B} Reference No. Date - To, GSTIN: .
Order No. - Date - Notice under section 108 r Whereas it has come to the notice of the undersigned that decision/order passed under this Act/the<< Name of the State>> Goods and Services Tax Act, 2017/the Integrated Goods and Services Tax Act, 2017/ the Goods and Services Tax (Compensation to States) Act, 2017 by ................. (Designation of officer) is erroneous in so far as it is prejudicial to the interest of revenue and is illegal or improper or has not taken into account certain material facts, and therefore, I intend to pass an order in revision under section 108 on grounds specified in the document attached herewith.
You are hereby directed to furnish a reply to this notice within seven working days from the date of service of this notice.
D D You are hereby directed to appear before the Jhdersigned on DD/MM/YYYY at HH/MM If you fail to furnish a reply within the stipulated date or fail to appear for personal hearing on the appointed date and time, the case will be decided ex parte on the basis of available records and on merits Place: Signature:
Date: Designation:
Jurisdiction/ Office-."
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