Form GSTR 9C is filed by taxpayers whose turnover in a financial year exceeds Rs. 2 Crore and are required to get their accounts audited by a Chartered or a Cost Accountant. GSTR-9C is a statement of reconcilliation between:
- the Annual Returns in GSTR-9 filed for a FY, and
- the figures as per the audited annual Financial Statements of the taxpayer.
Certain clarifications have been issued to resolve the issues reported by the taxpayers in filing the Form GSTR 9C. Those clarifications are:
- GSTR 9C has to be filed by taxpayers whose turnover has exceeded Rs. 2 Crore in the financial year. For the purpose of calculating the amount of turnover, turnover of the period from April 1, 2017 to March 31, 2018 has to be taken for consideration.
- Users are advised to use higher version of Microsoft Excel than 2007 for the preparation of Form GSTR 9C.
- Auditors are also advised to provide their membership number while filing Part B of Form GSTR 9C without prefixing ‘0’ in their membership number.
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