Reconciliation statement requirement: introduces Form GSTR 9C for GST annual reconciliation, audit certification and payment option. Inserts Form GSTR-9C requiring a GSTIN-specific, auditor-backed reconciliation statement reconciling audited annual financial statements with the Annual Return (GSTR-9), covering detailed adjustments to gross turnover, taxable turnover, rate-wise tax liability and payments, and Input Tax Credit reconciliation; requires reasons for unreconciled differences, computation of additional liabilities, auditor recommendations on amounts to be paid and certification formats for auditors and preparers, with an option for taxpayers 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 requirement: introduces Form GSTR 9C for GST annual reconciliation, audit certification and payment option.
Inserts Form GSTR-9C requiring a GSTIN-specific, auditor-backed reconciliation statement reconciling audited annual financial statements with the Annual Return (GSTR-9), covering detailed adjustments to gross turnover, taxable turnover, rate-wise tax liability and payments, and Input Tax Credit reconciliation; requires reasons for unreconciled differences, computation of additional liabilities, auditor recommendations on amounts to be paid and certification formats for auditors and preparers, with an option for taxpayers to pay recommended amounts.
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