Reconciliation statement requirement mandates audited reconciliation of turnover, tax and input tax credit with auditor certification and payment option. Insertion of Form GSTR-9C mandates an auditor attested reconciliation at GSTIN level between audited annual financial statements and the Annual Return, covering reconciliation of gross and taxable turnover (with specified adjustments and explanations), rate wise tax liability versus tax paid (with unreconciled payments and additional amounts payable), and Input Tax Credit reconciliation (including detailed expense wise mapping and reasons for differences). The form requires auditor recommendations on additional liabilities and certification with annexed audit documents, and permits payment of amounts identified by the auditor.
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Provisions expressly mentioned in the judgment/order text.
Reconciliation statement requirement mandates audited reconciliation of turnover, tax and input tax credit with auditor certification and payment option.
Insertion of Form GSTR-9C mandates an auditor attested reconciliation at GSTIN level between audited annual financial statements and the Annual Return, covering reconciliation of gross and taxable turnover (with specified adjustments and explanations), rate wise tax liability versus tax paid (with unreconciled payments and additional amounts payable), and Input Tax Credit reconciliation (including detailed expense wise mapping and reasons for differences). The form requires auditor recommendations on additional liabilities and certification with annexed audit documents, and permits payment of amounts identified by the auditor.
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