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

Input tax credit reconciliation requires reporting only expense ledgers where GST was charged or ITC was claimed in audited accounts.
Table 14 of GSTR-9C requires reconciliation of Input Tax Credit declared in the Annual Return against expense heads in the audited annual financial statements; taxpayers must declare all expense heads on which GST was paid or payable as reflected in audited accounts. Only ledgers where GST is charged or ITC is claimed need to be disclosed; expenses without GST (e.g., salaries without GST) and supplies from unregistered vendors with no GST in the GL need not be reconciled.