Deepak Gupta | Sep 13, 2018 |
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.
In case of any Doubt regarding Membership you can mail us at [email protected]
Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"
