Difference in gstr 9 and 9c
WebJan 12, 2024 · What is the difference between GSTR-9 and GSTR-9C? Ans. As per section 35(5) of CGST Act, every registered person whose turnover during the financial year exceeds prescribed limit (Rs. 2 cr.) shall get his accounts audited by a chartered accountant or a cost accountant and shall submit a copy of the 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 …
Difference in gstr 9 and 9c
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WebJan 5, 2024 · How does GSTR1 differ from GSTR 9? GSTR 1 is monthly Statement of Outward supplies of Goods or Services filed by registered person, but GSTR 9 is an … WebSep 8, 2024 · 1. The GSTR 9 return needs to be filed by Regular Taxpayers filing GSTR 1and GSTR 3B. It needs to be filed electronically on the GST portal directly or through a facilitation centre. it's optional for f.y 2024-18 and 2024-19 for taxpayer having turnover less than 2 Crores. 2. GSTR 9A Companies/persons paying tax under Section 10 of CGST …
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 … 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 …
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 … Web38. 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.
WebMay 29, 2024 · Date: 01 May, 2024 ITR last Date Filing of belated return and revised return for FY 2024-21 (AY 2024-222), has been extended from 30th Sep, 2024 to 31st Dec, 2024. Date: 24-10-2024 - The due date for filing Annual return in Form GSTR-9 and reconciliation statement in GSTR-9C for the F.Y. 2024-19 has been extended to 31st Decemeber 2024.
WebApr 3, 2024 · To start filing the GSTR 9C reconciliation audit report, perform the given steps: First of all, login with username id & password on www.gst.gov.in. After that, the dashboard will open, click on the ‘Annual Return’ tab. Now click on the financial year for the desired period to file the return, click on the FY 2024-18. sayings of hope and healingWebWatch the video to get a complete overview of GSTR-9C What is GSTR-9C? Every registered person under GST whose turnover during a financial year exceeds the … scam text messages from uspsWebWe can say that, GSTR 9 and 9C are interrelated. As per the GST Rules, every registered taxpayer is mandated to file GSTR 9 annual return but now the taxpayers whose turnover exceeds Rs. 2 Crore in the given Financial Year are required to file Form GSTR 9C (GST Audit).. Along with the GSTR 9C Audit form, the taxpayer also has to fill up the … scam text messages from netflixWebJan 27, 2024 · Even though both GSTR 9 and GSTR 9 are filed for the same purpose, there are a few differences between these forms. The main difference is GSTR 9 is filed by the normal taxpayer but GSTR 9C is filed by the taxpayer whose aggregate annual turnover is more than Rs.5 Cr. In this blog, we will talk all about the difference between GSTR 9 … scam text messages philippinesWebNov 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 … sayings of gratitudeWebNov 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. … sayings of jesus crossword clueWebSep 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 … sayings of imam ali on marriage