GSTR 9-C reporting requirement

[Madhavan iyengar]

In form 9-C table 14 - reconciliation of ITC declared in Annual Return GSTR-9 there are expenses which are required to be disclosed So what is required to be disclosed is the figures as per the Annual Audited accounts

ie if salaries and wages are paid then should we show entire salaries and wages in the form point No. H

AI Summary

Clarification on GSTR 9-C: Align ITC reconciliation with Audited Financials; disclose expenses incurring GST in Table 14. A discussion on the GSTR 9-C reporting requirement addresses the reconciliation of Input Tax Credit (ITC) in Table 14 of the form. Participants clarify that expenses listed should align with the Audited Annual Financial Statement. Only expenses where GST has been incurred need to be shown. If salaries or wages do not include GST, they are not required to be disclosed. The list of expenses is indicative, allowing taxpayers to add or remove heads, but all expenses where GST is paid or payable must be declared.