Blog Post

GSTR 9C – Part III

by Madhav Joshi


Posted on June 27, 2020


GSTR-9C-Part-III

Part III: Reconciliation of Tax paid

Table 9: Reconciliation of rate wise liability and amount payable thereon.

  • In this table, we need to provide a reconciliation of rate wise liability and the amount payable thereon. The turnover declared in the audited annual financial statement may have different rates of tax. We need to give the details of Taxable value and tax payable for goods or services sold at various rates. This amount is required to be compared with the total turnover and tax liability shown in GSTR 9.
  • This table showed the unreconciled payment by the difference obtained from the details filed here and the details of GSTR 9.

Table 10: Reasons for Un-Reconciled Payment of Tax

  • In this Table, Auditor will give his views to explain the reasons for the Un-Reconciled payment of Amount.

Table 11: Additional Amount Payable.

  • In this table, the Difference in Gross Turnover & Taxable Turnover & Taxes paid, are to be entered as per the Rate wise and bifurcated in IGST, CGST & SGST.
  • This Tax declared under this table has to be paid in cash.

79 Views 0 comments

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Popular Posts
logistics-bulk

GST to Change the Face of Warehousing

GST to Change the Face of Warehousing

Input-Tax-Credit

Cases when ITC is not available under GST

Cases when ITC is not available under GST

history-of-goods-and-services-tax-for-india

Taxation: History of Goods and Service Tax for India

Taxation: History of Goods and Service Tax for India

entire-nation

How your small pie of Tax builds the entire nation.

How your small pie of Tax builds the entire nation.

AGM and EGM meeting

Difference between AGM and EGM meeting

Difference between AGM and EGM meeting

GSTR 9C Part 2

GSTR 9C – Part II

GSTR 9C – Part II

GSTR-9C

GST Audit/Reconciliation and Certification (Form GSTR-9C)

GST Audit/Reconciliation and Certification (Form GSTR-9C)

GSTR-9C-Part-III

GSTR 9C – Part III

GSTR 9C – Part III

income-tax-analysis-on-companies

Income Tax Analysis on Companies

Income Tax Analysis on Companies