Two days gst conclave on annual return & audit

4

Details of advances, inward and outward supplies on which tax is payable as declared in returns filed during the financial year

A

B

C

D

E

F

G

H

I

J

K

L

M

N

Supplies made to un-registered persons (B2C)

Supplies made to registered persons (B2B)

Zero rated supply (Export) on payment of tax (except supplies to SEZs)

Supply to SEZs on payment of tax

Deemed Exports

Advances on which tax has been paid but invoice has not been issued (not covered under (A) to (E) above)

Inward supplies on which tax is to be paid on reverse charge basis

Sub-total (A to G above)

Credit Notes issued in respect of transactions specified in (B) to (E) above (-)

Debit Notes issued in respect of transactions specified in (B) to (E) above (+)

Supplies / tax declared through Amendments (+)

Supplies / tax reduced through Amendments (-)

Sub-total (I to L above)

Supplies and advances on which tax is to be paid (H + M) above

Mr. Shivam Mehta
Lakshmikumaran & Sridharan

5

Details of Outward supplies on which tax is not payable as declared in returns filed during the financial year

A

B

C

D

E

F

G

H

I

J

K

L

M

N

Zero rated supply (Export) without payment of tax

Supply to SEZs without payment of tax

Supplies on which tax is to be paid by the recipient on reverse charge basis

Exempted

Nil Rated

Non-GST supply

Sub-total (A to F above)

Credit Notes issued in respect of transactions specified in A to F above (-)

Debit Notes issued in respect of transactions specified in A to F above (+)

Supplies declared through Amendments (+)

Supplies reduced through Amendments (-)

Sub-Total (H to K above)

Turnover on which tax is not to be paid (G + L above)

Total Turnover (including advances) (4N + 5M - 4G above)

5

Reconciliation of Gross Turnover

6

Reasons for Un – Reconciled difference in Annual Gross Turnover

7

Reconciliation of Taxable Turnover

8

Reasons for Un – Reconciled difference in taxable turnover

9

Reconciliation of rate wise liability and amount payable thereon

10

Reasons for un-reconciled payment of amount

11

Additional amount payable but not paid

6

Details of ITC availed as declared in returns filed during the financial year

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

Total amount of input tax credit availed through FORM GSTR-3B (sum total of Table 4A of FORM GSTR-3B)

Inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs)

Inward supplies received from unregistered persons liable to reverse charge (other than B above) on which tax is paid & ITC availed

Inward supplies received from registered persons liable to reverse charge (other than B above) on which tax is paid and ITC availed

Import of goods (including supplies from SEZs)

Import of services (excluding inward supplies from SEZs)

Input Tax credit received from ISD

Amount of ITC reclaimed (other than B above) under the provisions of the Act

Sub-total (B to H above)

Difference (I - A above)

Transition Credit through TRAN-I (including revisions if any)

Transition Credit through TRAN-II

Any other ITC availed but not specified above

Sub-total (K to M above)

Total ITC availed (I + N above)

7

Details of ITC Reversed and Ineligible ITC as declared in returns filed during the financial year

8

Other ITC related information

12

Reconciliation of Net Input Tax Credit (ITC)

A

B

C

D

E

F

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)

ITC booked in earlier Financial Years claimed in current Financial Year

ITC booked in current Financial Year to be claimed in subsequent Financial Years

ITC availed as per audited financial statements or books of account

ITC claimed in Annual Return (GSTR9)

Un-reconciled ITC

13

Reasons for un-reconciled difference in ITC

14

Reconciliation of ITC declared in Annual Return (GSTR9) with ITC availed on expenses as per audited Annual Financial Statement or books of account

15

Reasons for un - reconciled difference in ITC

Pt. IV

Details of tax paid as declared in returns field during the financial year

10

Supplies / tax declared through Amendments (+) (net of debit notes)

11

Supplies / tax reduced through Amendments (-) (net of credit notes)

12

Reversal of ITC availed during previous financial year

13

ITC availed for the previous financial year

14

Differential tax paid on account of declaration in 10 & 11 above

16

Tax payable on un-reconciled difference in ITC