https://www.taxtmi.com/article/detailed?id=8590 The press release clarifies that data for the annual return must align with Form GSTR-1, Form GSTR-3B and books; tax shortfalls should be declared and paid via DRC-03 while excess paid tax may be claimed as refund. ITC cannot be availed through the annual return and late-reported supplier credits that are not auto-populated in GSTR-9 are to be treated as lapsed. Aggregate turnover across registrations with the same PAN determines GSTR-9C filing obligation. Credit/debit notes and expense-head reconciliations must be reported where GST impact exists, and the accountant's role is limited to reconciling return values with audited accounts. en-us Sat, 06 Jul 2019 06:29:16 +0530 Sat, 06 Jul 2019 06:29:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8590 The press release clarifies that data for the annual return must align with Form GSTR-1, Form GSTR-3B and books; tax shortfalls should be declared and paid via DRC-03 while excess paid tax may be claimed as refund. ITC cannot be availed through the annual return and late-reported supplier credits that are not auto-populated in GSTR-9 are to be treated as lapsed. Aggregate turnover across registrations with the same PAN determines GSTR-9C filing obligation. Credit/debit notes and expense-head reconciliations must be reported where GST impact exists, and the accountant's role is limited to reconciling return values with audited accounts. Articles Goods and Services Tax - GST Sat, 06 Jul 2019 06:29:16 +0530 https://www.taxtmi.com/article/detailed?id=8590