Reconciliation Statement requirement aligns audited accounts with annual GST return, prescribing reconciliation tables and auditor certification. Form GSTR-9C prescribes a GSTIN wise reconciliation statement aligning audited annual financial statements with the Annual Return (GSTR-9). It requires tabulated reconciliation of gross and taxable turnover (with prescribed add backs and deductions), rate wise tax liability and tax paid (including interest, late fee and penalty), and Input Tax Credit (including prior year and subsequent year adjustments and expense mapping). The auditor must recommend additional liabilities arising from unreconciled items and provide certification with prescribed annexures and declarations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Reconciliation Statement requirement aligns audited accounts with annual GST return, prescribing reconciliation tables and auditor certification.
Form GSTR-9C prescribes a GSTIN wise reconciliation statement aligning audited annual financial statements with the Annual Return (GSTR-9). It requires tabulated reconciliation of gross and taxable turnover (with prescribed add backs and deductions), rate wise tax liability and tax paid (including interest, late fee and penalty), and Input Tax Credit (including prior year and subsequent year adjustments and expense mapping). The auditor must recommend additional liabilities arising from unreconciled items and provide certification with prescribed annexures and declarations.
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