Reconciliation Statement requirement: auditors must reconcile audited financials with annual GST return and certify liabilities. The amendment inserts FORM GSTR-9C requiring a GSTIN-specific reconciliation of audited annual financial statements with the annual return (GSTR-9), covering turnover, taxable turnover, tax liability and payments, and Input Tax Credit, with specified adjustment heads, reasons for unreconciled differences, auditor recommendations on additional liabilities, and certification templates for auditor sign-off.
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: auditors must reconcile audited financials with annual GST return and certify liabilities.
The amendment inserts FORM GSTR-9C requiring a GSTIN-specific reconciliation of audited annual financial statements with the annual return (GSTR-9), covering turnover, taxable turnover, tax liability and payments, and Input Tax Credit, with specified adjustment heads, reasons for unreconciled differences, auditor recommendations on additional liabilities, and certification templates for auditor sign-off.
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