Reconciliation Statement requirement: FORM GSTR 9C mandates audited reconciliation of turnover, tax liability and ITC with annual returns. Insertion of FORM GSTR 9C mandates a GSTIN wise reconciliation statement reconciling audited annual financial statements with the Annual Return (GSTR 9), requiring line by line reconciliation of gross and taxable turnover, rate wise tax liability, and Input Tax Credit; identification and quantification of adjustments and unreconciled differences; auditor recommendations on additional liabilities; and certification with annexed audited financial statements.
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: FORM GSTR 9C mandates audited reconciliation of turnover, tax liability and ITC with annual returns.
Insertion of FORM GSTR 9C mandates a GSTIN wise reconciliation statement reconciling audited annual financial statements with the Annual Return (GSTR 9), requiring line by line reconciliation of gross and taxable turnover, rate wise tax liability, and Input Tax Credit; identification and quantification of adjustments and unreconciled differences; auditor recommendations on additional liabilities; and certification with annexed audited financial statements.
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