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?
CA Altamush Zafar
(GST Consultant)
(15961 Points)
Replied 29 May 2019
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
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)