In GSTR -9C Table 14, do we have to mention value of all the expenses or only the value of expenses where we have taken GST credit?
3 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 29 May 2019
Most probably all the expenses, because they have given a head for salaries and salaries are out of scope of gst. So the intention seems to take all expenses
Nandini H Gupta
(Chartered Accountant )
(369 Points)
Replied 29 May 2019
Table 14 instruction provides "reconciliation of ITC declared in the Annual Return (GSTR9) against the expenses booked in the audited Annual Financial Statement or books of account" So consider to declare 9 months consolidated data on which ITC is declared in GSTR 6. Since the list is illustrative this methodology can be considered.
Aditi
(Articles)
(169 Points)
Replied 31 May 2019
So you are saying that only expenses where we have availed gst should be considered? @ Nandhini H Gupta
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