Difference in gstr 9 and 9c

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WebJun 13, 2024 · What is the difference between GSTR 9 & GSTR-9C ? GSTR-9 GSTR-9C; GSTR 9 is a form for GST Annual Return. GSTR-9C is a form for GST Audit. GSTR-9 … WebMay 5, 2024 · The deadline for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for the 2024-19 financial year is extended to June 30, 2024. ... involves GST rate-wise reporting of the tax liability that arose according to the accounts and paid as reported in the GSTR-9 with the differences thereof respectively. Furthermore, the …

What is GSTR 9C? How to file GSTR 9C GSTR9C Format - Zoho

WebGSTR 9 c. Reflect tax paid in Table 9 of GSTR 9 as NIL d. Reflect the tax payable in Table 14 of GSTR-9 as NIL e. Reflect the tax paid in Table 14 of GSTR 9 f. There shall be no reconciliation difference in 9C II. a. Do not reflect invoice in GSTR-9 but reflect in un reconciled turnover in Table 6/8 of GSTR 9C and also un jeag5003 震度

Issues Faced while Filing GSTR 9 and GSTR 9C - IRIS GST

WebFeb 9, 2024 · For example, the due date of GSTR-9 for FY 2024-21 will be 31 st December 2024. Although, year after year there have been due date extensions, may not be expected from FY 2024-22 onwards.GSTR 9C i.e., reconciliation statement is considered as a part of the 'annual return'. Note: Due date for FY 20-21 is 28 th February 2024 presently. WebNov 23, 2024 · The due date for submitting the GSTR 9C has the same deadline as of submitting GSTR 9. Hence, you have to file GSTR 9C on or before 31st Dec of the year subsequent to the relevant FY under audit. … WebDifference between GSTR-9 and GSTR-9C. Often taxpayers have to choose between GSTR 9 and GSTR 9C. As a result, it gives rise to several doubts and inaccuracies when … la baita di ioana

Easy Guide to GSTR 9C (GST Audit Form) Online Return Filing …

Analysis of GSTR-9 and GSTR 9C - TaxGuru

WebDec 15, 2024 · Difference between GSTR-9C Audited form and draft GSTR-9 form The assessee needs to settle the reported numbers in the GSTR-9 form and audited financial statements for GSTIN. If there are any numbers that are not matched, they shall be mentioned as unsettled ITC, sales, and tax liabilities in GSTR-9C, which is a self … WebThe GSTR-9C is divided into two parts. Part A constitutes a form for the collection of tax information, while Part B is a certification form that must be finished by a CA. These two … la baita bordalaWeb13 rows · Nov 28, 2024 · It is a consolidation of all the monthly/quarterly returns (GSTR-1, GSTR-2A/2B, GSTR-3B) filed ... jeag5005

"WebSep 30, 2024 · GSTR 9C is an annual reconciliation statement. This reconciliation statement may be in similar terms understood as conduction GST Audit. For Financial Yea ... Any difference arising on comparison with GSTR 9 may be identified here. In Table 8, reasons for difference in taxable turnover identified in Table 7 above may be mentioned … " - Difference in gstr 9 and 9c

Difference in gstr 9 and 9c

GST Audit (GSTR9C Format) - Eligibility, Checklist ... - GSTHero

WebMar 7, 2024 · GSTR-9 and GSTR-9C cannot be revised. If a taxpayer has opted for composition scheme during ... WebDec 6, 2024 · Issues faced while filing GSTR 9C. 1. Turnover for filing Form GSTR- 9C: Form GSTR-9C is to be filed by all those taxpayers whose aggregate turnover has exceeded Rs 2 crore in a financial year. Turnover of the complete year i.e. from 1st April 2024 to 31st March 2024 has to be taken into account for calculating the turnover.

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WebGSTR 9 is an annual return to be filed yearly by taxpayers registered under GST. It consists of details regarding the outward and inward supplies made/received during the relevant … WebDec 6, 2024 · The due date to file GSTR-9 & self-certified GSTR-9C for the FY 2024-21 has been extended up to 28th February 2024. The CBIC has exempted GST-registered taxpayers with annual aggregate turnover up to Rs.2 crore in FY 20-21 from filing Form GSTR-9. The CBIC has notified changes to Sections 35 (5) and 44 of the CGST Act.

Web10 rows · Nov 22, 2024 · Ever since GSTR-9 & GSTR-9C forms have been released by CBIC, there has been persistent ... WebJan 24, 2024 · GSTR-9 and GSTR-9C are two very important interlinked cogs of India’s new Indirect Tax GST. ...

WebComparision between GSTR 9 and GSTR 9C. GSTR 9 is an Annual Return all Tax Payers must file and GSTR 9C is a an Annual Reconciliation Statement that Tax payers with over Rupees 2 crore annual aggregate turnover should file.. Many Tax Payers are often confused about who should file the returns. This article quickly explains the difference between … WebGSTR 9 and GSTR 9C is a return to be filed basis your aggregate turnover in the previous year. Here in the video we have clarified what is aggregate turnover...

WebDifference between GSTR 9 and GSTR 9C. GSTR 9 and GSTR 9C are both important GST returns that need to be filed by taxpayers registered under GST. However, they have different purposes and requirements. GSTR-9 is an annual return that provides a summary of all the outward and inward supplies made during the financial year, as well as details …

WebNov 30, 2024 · While GSTR 9 is an annual return form filing, GSTR 9C is essentially a reconciliation statement to be prepared by taxpayers whose aggregate turnover exceeds … la baita del buongustaioWebJun 13, 2024 · What is the difference between GSTR 9 & GSTR-9C ? GSTR-9 GSTR-9C; GSTR 9 is a form for GST Annual Return. GSTR-9C is a form for GST Audit. GSTR-9 was mandatory for all registered taxpayers. … jeag5003 耐震設計Web11 rows · Nov 29, 2024 · The GSTR-9 form is an annual return that has to be filed by all registered taxable persons under ... jeag5003 最新WebAnswer: GSTR 9C is a statement of reconciliation between: * The annual returns in GSTR – 9 for a Financial Year , and * The figures as per the audited annual Financial Statements … la baita di emiWebJan 5, 2024 · The government has ultimately extended the due date for the annual return form GSTR 9 & GSTR 9C, i.e. self-certified statement forms, for the fiscal year 2024-21. The new due date to file GSTR-9C & GSTR-9C for FY 2024-21 is 28.02.2024 instead of 31.12.2024. A Notification No. 40/2024-Central Tax dated 29.12.2024 was issued in this … jeag9702WebSep 13, 2024 · Download PDF. 13 Sep 2024. 82,998 Views. 2 comments. CBIC notifies FORM GSTR – 9C – Reconciliation Statement & Certification in cases where the reconciliation statement (FORM GSTR-9C) is drawn up by the person who had conducted the audit vide Notification No. 49/2024 – Central Tax Dated: 13th September, 2024. … la baita di rosemaryWeb38. What is the difference between GSTR-9, GSTR-9A and GSTR-9C? GSTR-9 is an annual return under GST to be filed once every year only by the registered taxpayers under GST under the Regular Scheme (Monthly/Quarterly). GSTR-9A is the annual return form to be filed by the Composition Dealers. jeag8101