If there are 2 registrations under a same PAN, are we supposed to file separate GSTR 9/9C for each of them? If yes, how are we supposed to match the data with the audited financial statements?
Shubham (Student) (48 Points)
12 June 2020If there are 2 registrations under a same PAN, are we supposed to file separate GSTR 9/9C for each of them? If yes, how are we supposed to match the data with the audited financial statements?
Hemal Makwana
(Designation)
(771 Points)
Replied 12 June 2020
SeparateTrial balance needs to be prepared - State wise or GSTIN wise. How would auditor prepare the financial statement, there woud be some identification as to which entiries are booked in which location. Location wise trial balance may be possible
Shubham
(Student)
(48 Points)
Replied 12 June 2020
That is fine. But let us assume that while filing ITR, they combined the data of both the locations/branches to make a single balancesheet. So now while filing GST annual return, we will have to upload the audited financial statements (which is combined in this case) and also match the figures in the annual return with those in financial statements. So in this case how are we supposed to match it as the financial statements contain data of mutiple branches, whereas GSTR 9/9C would be of a particular branch. Please correct me if I am wrong.
Hemal Makwana
(Designation)
(771 Points)
Replied 12 June 2020
Shubham
(Student)
(48 Points)
Replied 12 June 2020
Thank you very much for providing your views and suggestions. Much appreciated
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