Simplification of GST Annual Return Forms GSTR-9 & GSTR-9C

Simplification of GST Annual Return Forms GSTR-9 & GSTR-9C

The taxpayers were facing difficulties in filing GST Annual Return Forms GSTR-9 & GSTR-9C. Now, the Government has extended the due dates of filing annual return in Form GSTR-9 & reconciliation statement in Form GSTR-9C for F.Y. 2017-18 to December 31, 2019 and for F.Y. 2018-19 to March 31, 2020.

Moreover, certain amendments have been made in the Forms via Notification no. 56/2019 – Central Tax dated 14.11.2019

Part A: Changes related to Form GSTR-9

Table	Particulars	Remarks
4B, to 4E	Details of advances, inward and outward supplies made during the financial year on which tax is payable	This table can be filled net of credit notes, in case there is some difficulty separating details
4I, 4J, 4K, 4L	CN, DN, amendments	These can be netted off in Table 4B to 4E
5D, 5E, 5F	Exempted, Nil rated, Non-GST	Taxpayers have an option to either separately report his supplies as exempted, nil rated and Non-GST supply or report consolidated information for all these three heads in the “exempted” row only
5A, to 5F	Details of Outward supplies made during the financial year on which tax is not payable	This table can be filled net of credit notes, in case there is some difficulty seperating details
5H, 5I, 5J, 5K	CN, DN, amendments	These can be netted off in Table 5A to 5F
6B	Inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs)	Taxpayers have an option to either report the breakup of input tax credit as inputs, capital goods and input services or report the entire input tax credit under the “inputs” row only
6C & 6D	Inward supplies received from unregistered / registered persons liable to reverse charge	(1) Taxpayers have an option to either report the breakup of input tax credit as inputs, capital goods and input services or report the entire input tax credit under the “inputs” row only (2) Taxpayers have an option to either report Table 6C and Table 6D separately or report the consolidated details of Table 6C and 6D in Table 6D only
6E	Import of goods (including supplies from SEZs)	Taxpayers have an option to either report the breakup of input tax credit as inputs and capital goods or report the entire input tax credit under the “inputs” row only.
7A to 7E	Details of ITC reversed	Taxpayers have an option to either fill his information on reversals separately in Table 7A to 7E or report the entire amount of reversal under Table 7H only
8A to 8D	ITC as per GSTR-2A & comparison	For FY 2017-18 and 2018-19, the registered person shall have an option to upload the details for the entries in Table 8A to 8D duly signed, in PDF format in FORM GSTR-9C (without the CA certification)
12	Reversal of ITC availed during previous financial year	Optional
13	ITC availed for the previous financial year	Optional
15A, 15B, 15C, 15D, 15E, 15F, 15G	Particulars of Refunds & demands	Optional
16A, 16B & 16C	Information on supplies received from composition taxpayers, deemed supply under section 143 and goods sent on approval basis	Optional
17, 18	HSN summary for outward supplies and inward supplies	Optional

Note:

1. For FY 2018-19, GSTR-2A will be auto-populated as on 01.11.2019

2. Relevant fields / columns for FY 2018-19 have been inserted in GSTR-9

Part B: Changes related to Form GSTR-9C

1. Now, it is not mandatory to attach cash flow statement along with reconciliation statement. It is optional and would be attached if available.

2. The auditor is now required to give true and fair opinion while conducting GST audit instead of true and correct opinion.

Table	Particulars	Remarks
5B	Unbilled revenue at the beginning of Financial Year	While preparing Reconciliation of Gross Turnover in Table 5, it would be optional to not fill unbilled revenue, unadjusted advances and other few entries. If there are any adjustments required to be reported then the same may be reported in ‘Table 5O – Adjustments in turnover due to reasons not listed above
5C	Unadjusted advances at the end of the Financial Year
5D	Deemed Supply under Schedule I  (+)
5E	Credit Notes issued after the end of the financial year but reflected in the annual return
5F	Trade Discounts accounted for in the audited Annual Financial Statement but are not permissible under GST
5G	Turnover from April 2017 to June 2017
5H	Unbilled revenue at the end of Financial Year
5I	Unadjusted Advances at the beginning of the Financial Year
5J	Credit notes accounted for in the audited Annual Financial Statement but are not permissible under GST
5K	Adjustments on account of supply of goods by SEZ units to DTA Units
5L	Turnover for the period under composition scheme
5M	Adjustments in turnover under section 15 and rules thereunder
5N	Adjustments in turnover due to foreign exchange fluctuations
12B	ITC booked in earlier Financial Years claimed in current Financial Year	Optional
12C	ITC booked in current Financial Year to be claimed in subsequent Financial years	Optional
14	Reconciliation of ITC declared in Annual Return (GSTR-9) with ITC availed on expenses as per audited Annual Financial Statement or books of accounts	There will be an option to not fill ‘Table 14-Reconciliation of ITC declared in Annual Return (GSTR-9) with ITC availed on expenses as per audited Annual Financial Statement or books of account’.

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