Reconciliation Statement requirement: auditors must reconcile audited financials with GST annual returns and certify discrepancies and liabilities. Adds FORM GSTR-9C as a mandatory reconciliation statement to reconcile audited annual financial statements with the Annual Return (GSTR-9) GSTIN wise. The form requires detailed reconciliation of gross and taxable turnover, rate wise tax liability and payments, and Input Tax Credit with reasons for unreconciled differences, calculation of additional tax or ITC liabilities, and the auditor's recommendations and certification, including annexure of audited financial statements and audit report.
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 GST annual returns and certify discrepancies and liabilities.
Adds FORM GSTR-9C as a mandatory reconciliation statement to reconcile audited annual financial statements with the Annual Return (GSTR-9) GSTIN wise. The form requires detailed reconciliation of gross and taxable turnover, rate wise tax liability and payments, and Input Tax Credit with reasons for unreconciled differences, calculation of additional tax or ITC liabilities, and the auditor's recommendations and certification, including annexure of audited financial statements and audit report.
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