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Gsr9c clarification

17 January 2020

the turn over in gstr9 & our record are match. But in audited Financial state ment the value of turn over is lower,

what to do, when we filing gstr 9 C. please clarify.

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9 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 17 January 2020

Can You give details of mismatches/ difference of the values...?

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Avirup Ghosh (54 Points)
Replied 17 January 2020

On around 12,50,000 difference, books of account & gstr 9 is higher.

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 18 January 2020

If the turnover in Books is greater then reported in GSTR 9 , then deposit the Tax & file DRC 03 , & if it is less then reverse the same GSTR 9

Avirup Ghosh (54 Points)
Replied 18 January 2020

But i want that i file the return without any payment of tax. can i do this.?

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 19 January 2020

No............ that cannot be possible.

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A K Swaminathan (Practice) (55 Points)
Replied 19 January 2020

The difference may be due to anything. First try to find out the difference and it's cause. For example, inGSTR 1 we include reverse charge invoices that needs to be deleted. So my advice is that first do reconciliation of turnover.

Avirup Ghosh (54 Points)
Replied 19 January 2020

In financial year 17-18, company couldn't maintain accounts properly due to many respective reason, after the end I join, & now I have some documents are 1) GSTR 1 2) GSTR 2A 3) GSTR 3B 4) Tally Data 5) & 6) audited financial statement, all are reconciled in previous, on that financial year 17-18;there was no any RCM base transaction made, so how can I make 9C as well as I want to file is nil return...

A K Swaminathan (Practice) (55 Points)
Replied 19 January 2020

In my understanding, if the turnover is more than 2 crore, you need to get the GST accounts audited by a CA etc., you have no option of filing nil return in 9C. As well GSTR 9 is summary of the year transaction and mostly all the transactions are auto populated. Here also there is no question of filing nil return. For more clarification please post further here all your counts.

Avirup Ghosh (54 Points)
Replied 20 January 2020

After I am study the matter & found a reason that when the balance sheet was finalized, that time they could not matching the gst return. in that case now I have the balance sheet, can I try to rectify it or not?