CBIC Notifies GST Audit Report Form GSTR-9C

CBIC Notify GST Audit Report Form GSTR-9C :

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 49/2018 Central Tax

New Delhi, the 13th September, 2018

G.S.R(E).-In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:- 1. (1) These rules may be called the Central Goods and Services Tax (Tenth Amendment) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the FORMS to the Central Goods and Services Tax Rules, 2017, after FORM GSTR-9A, the following shall be inserted, namely:-

FORM GSTR-9C" See rule 80(3) PART A - Reconciliation Statement

Pt. I	Basic Details
1	Financial Year
2	GSTIN
3A	Legal Name		< Auto>
3B	Trade Name (if any)		<Auto>
4	Are you liable to audit under any Act						<<Please specify>>
						(Amount in in all tables)
Pt. II	Reconciliation of turnover declared in audited Annual Financial Statement with turnover declared in Annual Return (GSTR9)
5	Reconciliation of Gross Turnover
A	Turnover (including exports) as per audited financial statements for the State / UT (For multi-GSTIN units under same PAN the turnover shall be derived from the audited Annual Financial Statement)
B	Unbilled revenue at the beginning of Financial Year						(+)
C	Unadjusted advances at the end of the Financial Year						(+)
D	Deemed Supply under Schedule I						(+)
E	Credit Notes issued after the end of the financial year but reflected in the annual return						(+)
F	Trade Discounts accounted for in the audited Annual						(+)
	Financial Statement but are not permissible under GST
G	Turnover from April 2017 to June 2017						(-)
H	Unbilled revenue at the end of Financial Year						(-)
I	Unadjusted Advances at the beginning of the Financial Year						(-)
J	Credit notes accounted for in the audited Annual Financial Statement but are not permissible under GST						(-)
K	Adjustments on account of supply of goods by SEZ units to DTA Units						(-)
L	Turnover for the period under composition scheme						(-)
M	Adjustments in turnover under section 15 and rules thereunder						(+/- )
N	Adjustments in turnover due to foreign exchange fluctuations						(+/- )
O	Adjustments in turnover due to reasons not listed above						(+/- )
P	Annual turnover after adjustments as above							<Auto>
Q	Turnover as declared in Annual Return (GSTR9)
R	Un-Reconciled turnover (Q - P)							AT1
6	Reasons for Un - Reconciled difference in Annual Gross Turnover
A	Reason 1			<<Text>>
B	Reason 2			<<Text>>
C	Reason 3			<<Text>>
7	Reconciliation of Taxable Turnover
A	Annual turnover after adjustments (from 5P above)							<Auto>
B	Value of Exempted, Nil Rated, Non-GST supplies, No-Supply turnover
C	Zero rated supplies without payment of tax
D	Supplies on which tax is to be paid by the recipient on reverse charge basis
E	Taxable turnover as per adjustments above (A-B-C-D)							<Auto>
F	Taxable turnover as per liability declared in Annual Return (GSTR9)
G	Unreconciled taxable turnover (F-E)							AT 2
8	Reasons for Un - Reconciled difference in taxable turnover
A	Reason 1			<<Text>>
B	Reason 2			<<Text>>
C	Reason 3			<<Text>>
Pt. III	Reconciliation of tax paid
9	Reconciliation of rate wise liability and amount payable thereon
					Tax payable
	Description		Taxable Value		Central tax	State tax / UT tax	Integrated Tax		Cess, if applicabl e
	1		2		3	4	5		6
A	5%
B	5% (RC)
C	12%
D	12% (RC)
E	18%
F	18% (RC)
G	28%
H	28% (RC)
I	3%
J	0.25%
K	0.10%
L	Interest
M	Late Fee
N	Penalty
O	Others
P	Total amount to be paid as per tables above				<Auto>	<Auto>	<Auto>		<Auto>
Q	Total amount paid as declared in Annual Return (GSTR 9)
R	Un-reconciled payment of Amount						PT 1
10	Reasons for un-reconciled payment of amount
A	Reason 1			<<Text>>
B	Reason 2			<<Text>>
C	Reason 3			<<Text>>
11	Additional amount payable but not paid (due to reasons specified under Tables 6,8 and 10 above)
					To be paid through Cash
	Description		Taxable Value		Central tax	State tax / UT tax	Integrated tax		Cess, if applicabl e
	1		2		3	4	5		6
	5%
	12%
	18%
	28%
	3%
	0.25%
	0.10%
	Interest
	Late Fee
	Penalty
	Others (please specify)
Pt.	Reconciliation of Input Tax Credit (ITC)
IV
12	Reconciliation of Net Input Tax Credit (ITC)
A	ITC availed as per audited Annual Financial Statement for the State/ UT (For multi-GSTIN units under same PAN this should be derived from books of accounts)
B	ITC booked in earlier Financial Years claimed in current Financial Year						(+)
C	ITC booked in current Financial Year to be claimed in subsequent Financial Years						(-)
D	ITC availed as per audited financial statements or books of account							<Auto>
E	ITC claimed in Annual Return (GSTR9)
F	Un-reconciled ITC							ITC 1
13	Reasons for un-reconciled difference in ITC
A	Reason 1			<<Text>>
B	Reason 2			<<Text>>
C	Reason 3			<<Text>>
14	Reconciliation of ITC declared in Annual Return (GSTR9) with ITC availed on expenses as per audited Annual Financial Statement or books of account
	Description			Value		Amount of Total ITC		Amount of eligible ITC availed
	1			2		3		4
A	Purchases
B	Freight / Carriage
C	Power and Fuel
D	Imported goods (Including received from SEZs)
E	Rent and Insurance
F	Goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples
G	Royalties
H	Employees' Cost (Salaries, wages, Bonus etc.)
I	Conveyance charges
J	Bank Charges
K	Entertainment charges
L	Stationery Expenses (including postage etc.)
M	Repair and Maintenance
N	Other Miscellaneous expenses
O	Capital goods
P	Any other expense 1
Q	Any other expense 2
R	Total amount of eligible ITC availed							<<Auto>>
S	ITC claimed in Annual Return (GSTR9)
T	Un-reconciled ITC							ITC 2
15	Reasons for un - reconciled difference in ITC
A	Reason 1			<<Text>>
B	Reason 2			<<Text>>
C	Reason 3			<<Text>>
16	Tax payable on un-reconciled difference in ITC (due to reasons specified in 13 and 15 above)
	Description		Amount Payable
	Central Tax
	State/UT Tax
	Integrated Tax
	Cess
	Interest
	Penalty
Pt. V	Auditor's recommendation on additional Liability due to non-reconciliation
					To be paid through Cash
	Description		Value		Central tax	State tax / UT tax	Integrated tax		Cess, if applicabl e
	1		2		3	4	5		6
	5%
	12%
	18%
	28%
	3%
	0.25%
	0.10%
	Input Tax Credit
	Interest
	Late Fee
	Penalty
	Any other amount paid for supplies not included in Annual Return
	(GSTR 9)
	Erroneous refund to be paid back
	Outstanding demands to be settled
	Other (Pl. specify)

Verification: I hereby solemnly affirm and declare that the information given herein above is true and correct to the best of my knowledge and belief and nothing has been concealed there from. **(Signature and stamp/Seal of the Auditor) Place: Name of the signatory Membership No Date: Full address To Download Form GSTR9C in Excel Click Here To Download Complete Notification No. 49 and Form GSTR-9C Click Here. To Download Form GSTR9C in Excel Click Here