Reconciliation Statement: GSTR 9C inserted into state GST rules requiring detailed turnover, tax and ITC reconciliation and auditor certification. The amendment inserts FORM GSTR-9C into the State GST Rules and renumbers a sub-rule to accommodate it. FORM GSTR-9C requires GSTIN-wise reconciliation of audited annual financial statements with the Annual Return across: gross turnover (with specified adjustments), taxable turnover (identifying exempt, zero-rated and reverse charge supplies), rate-wise tax liability versus tax paid, and Input Tax Credit reconciliation with category-wise expense heads. The form mandates reasons for unreconciled differences, auditor recommendations for additional liabilities, certification formats for auditors and non-auditors, and an option to pay recommended amounts.
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: GSTR 9C inserted into state GST rules requiring detailed turnover, tax and ITC reconciliation and auditor certification.
The amendment inserts FORM GSTR-9C into the State GST Rules and renumbers a sub-rule to accommodate it. FORM GSTR-9C requires GSTIN-wise reconciliation of audited annual financial statements with the Annual Return across: gross turnover (with specified adjustments), taxable turnover (identifying exempt, zero-rated and reverse charge supplies), rate-wise tax liability versus tax paid, and Input Tax Credit reconciliation with category-wise expense heads. The form mandates reasons for unreconciled differences, auditor recommendations for additional liabilities, certification formats for auditors and non-auditors, and an option to pay recommended amounts.
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