Reconciliation Statement & Certification- Filing, Format & Rules

GSTR-9C is the GST Reconciliation Statement for a particular FY that must be filed by taxpayers on or before December 31, after having been certified by the CAs. It must be submitted together with the GSTR-9 (Annual Statements) and the audited Financial Statements in the GST Portal or must be submitted through the facilitation centre.

1. What is GSTR-9C?

GSTR-9C is a declaration of reconciliation between:

  • Annual statements in GSTR-9 filed for a fiscal year, first in 2017-18 and
  • The figures according to the Annual Audited Financial Statements of the taxpayer.

It is certified by the CA. It can be considered to be similar to that of a financial audit report provided under the Income Tax Law. It will consist of a gross and taxable billing according to the Reconciled Books with the respective figures according to the consolidation of all the GST statements for an FY, Therefore, any difference arising from this reconciliation exercise will be reported here together with the reasons for it.

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2. What is the due date for GSTR-9C?

The expiration date to submit the annual returns in GSTR-9 is the same term for the presentation of GSTR-9C. Therefore, the GSTR-9C must be submitted no later than December 31 of the year after the relevant FY under audit.

For example, for the 2017-18 fiscal year, the due date to submit the GSTR-9C will be December 31, 2018.

3. What’s the importance of GSTR-9C?

A chartered accountant or cost accountant must prepare this GST reconciliation statement. Any difference between the details reported in all GST returns and the Audited Accounts must be reported by the CA in the present with the reasons for the differences. In addition, this statement acts as a basis for GST authorities to verify the accuracy of the GST statements submitted by taxpayers. This is because the CA must certify any additional liability arising from the conciliation exercise and the GST audit at GSTR-9C.

4. Detailed Format of GSTR-9C

Part-A: Reconciliation Statement



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