Reconciliation Statement requirement: mandatory GSTIN-wise Form GSTR-9C for turnover, tax and ITC reconciliation with auditor certification. Insertion of Form GSTR-9C requires a GSTIN-wise reconciliation statement reconciling audited annual financial statements with the Annual Return through detailed tables covering gross turnover adjustments, taxable turnover composition, rate-wise tax liability versus tax paid, and Input Tax Credit reconciliations; unreconciled differences must be explained, the auditor must recommend additional liabilities where applicable, and certification requirements are prescribed for preparers and auditors.
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: mandatory GSTIN-wise Form GSTR-9C for turnover, tax and ITC reconciliation with auditor certification.
Insertion of Form GSTR-9C requires a GSTIN-wise reconciliation statement reconciling audited annual financial statements with the Annual Return through detailed tables covering gross turnover adjustments, taxable turnover composition, rate-wise tax liability versus tax paid, and Input Tax Credit reconciliations; unreconciled differences must be explained, the auditor must recommend additional liabilities where applicable, and certification requirements are prescribed for preparers and auditors.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
