Reconciliation Requirement: auditors must certify GST annual returns against audited financial statements, noting liabilities and discrepancies. Insertion of Form GSTR-9C mandates a GSTIN-level reconciliation statement reconciling audited annual financial statements with the Annual Return (GSTR-9). The Form requires detailed reconciliations of gross turnover, taxable turnover, tax liability (including reverse charge), payments, and input tax credit, identification of unreconciled amounts with reasons, computation of additional tax/interest/cess payable, auditor recommendations on additional liabilities and refunds, and a certification by the auditor with prescribed disclosures and annexures.
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Provisions expressly mentioned in the judgment/order text.
Reconciliation Requirement: auditors must certify GST annual returns against audited financial statements, noting liabilities and discrepancies.
Insertion of Form GSTR-9C mandates a GSTIN-level reconciliation statement reconciling audited annual financial statements with the Annual Return (GSTR-9). The Form requires detailed reconciliations of gross turnover, taxable turnover, tax liability (including reverse charge), payments, and input tax credit, identification of unreconciled amounts with reasons, computation of additional tax/interest/cess payable, auditor recommendations on additional liabilities and refunds, and a certification by the auditor with prescribed disclosures and annexures.
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