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View, Generate and File GSTR-9C using Tally.ERP9

GSTR-9C : is an audit form that was introduced on September 13, 2018. It must be filed annually by taxpayers with a turnover above 2 crores, and it must be certified by a CA. It is basically a reconciliation statement between the annual returns filed in GSTR-9 and the taxpayer’s audited annual financial statements. All such taxpayers are also required to file a copy of audited annual accounts, reconciliation statement of tax already paid and details of tax payable as per audited accounts, along with this Return.

GSTR 9C is a reconciliation statement between GSTR 9 for a financial year and the audited financial statement of the taxpayer.

The GSTR-9C form will contain the taxpayer’s gross and taxable turnover according to their accounting books, reconciled with the corresponding figures after consolidating all of their GST returns for the financial year, and any difference revealed by the reconciliation. The difference, and the reason for it, should be mentioned explicitly. 

1. Getting Details using Tally.ERP9 for Filing GSTR-9C

To start with keep all the information on hand before initiating the filing process. You will get these details from GSTR-1 , GSTR-2 , and GSTR-3B , the steps to get them are shown below.

(A) Get GSTR-1 details

1.  Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR-1 .

2.  Click F2: Period and change the period to 01-07-2017 to 31-03-2018 .

3.  Resolve exceptions of all the transactions listed under Incomplete/Mismatch in information (to be resolved) .

4.  Click F12: Configure and enable the option Show tax types in separate columns . This will display CGST, SGST,and IGST tax amounts in separate columns instead of combined value  in a single column.

5.  Press Ctrl+E and select the option Excel GSTR-1 (Spreadsheet) in the Format field.

6.  Retain all other fields.

7.  Select the option All Vouchers in the Allow Export of field.

8.  Press Enter to export.

(B) Get GSTR-2 details

1.  Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR-2 .

2.  Click F2: Period and change the period to 01-07-2017 to 31-03-2018 .

3.  Resolve exceptions of all the transactions listed under Incomplete/Mismatch in information (to be resolved) .

4.  Click F12: Configure and enable the option Show tax types in separate columns . This will display CGST, SGST,and IGST tax amounts in separate columns instead of combined value  in a single column.

5.  Press Enter to view the report with new added columns.

(C) Get GSTR-3B details

1.  Go to Gateway of Tally > Display > Statutory Reports > GST > GSTR-3B .

2.  Click F2: Period and change the period to 01-07-2017 to 31-03-2018 .

3.  Resolve exceptions of all the transactions listed under Incomplete/Mismatch in information (to be resolved).

4.  Click F12: Configure and enable the option Show tax types in separate columns . This will display CGST, SGST,and IGST tax amounts in separate columns instead of combined value  in a single column.

5.  Press Enter to view the report with new added columns.

2. Process to File GSTR-9C in GST Portal

The GSTR-9C is split into two sections. Part A collects tax information; Part B is a certification that must be completed by a chartered accountant.

Different sections in GSTR-9 and the information recorded in them is described below:

Part - A

Part A, the reconciliation statement, contains sections for basic details, reconciliation of Annual Financial Statement turnover with GSTR-9 turnover, reconciliation of tax paid, reconciliation of Input Tax Credit (ITC), and auditor’s recommendation on additional liability due to non-reconciliation.

Part 1: Basic Details of GSTR-9C Form

Part-1 Basic Details of GSTR-9C Form in GST Portal
(Fig-239)

Part 2 : Reconciliation of turnover declared in audited Annual Financial Statement with turnover declared in Annual Return (GSTR9)

Part-2 towards Reconciliation of Gross Turnover of GSTR-9C Form in GST Portal
Part-2 towards Reconciliation of Gross Turnover of GSTR-9C Form in GST Portal
Part-2 towards Reconciliation of Gross Turnover of GSTR-9C Form in GST Portal
(Fig-240)

Part 3: Reconciliation of Tax Paid information in GSTR-9C

Part 3: Reconciliation of Tax Paid information in GSTR-9C
Part 3: Reconciliation of Tax Paid information in GSTR-9C
Part 3: Reconciliation of Tax Paid information in GSTR-9C
(Fig-241)

Part 4: Reconciliation of Input Tax Credit (ITC) information in GSTR-9C

Part 4: Reconciliation of Input Tax Credit (ITC) information in GSTR-9C
Part 4: Reconciliation of Input Tax Credit (ITC) information in GSTR-9C
Part 4: Reconciliation of Input Tax Credit (ITC) information in GSTR-9C
Part 4: Reconciliation of Input Tax Credit (ITC) information in GSTR-9C
Part 4: Reconciliation of Input Tax Credit (ITC) information in GSTR-9C
(Fig-242)

Part 5: Auditor’s recommendation on additional liability due to non-reconciliation

Part 5: Auditor’s recommendation on additional liability due to non-reconciliation
Part 5: Auditor’s recommendation on additional liability due to non-reconciliation
(Fig-243)

Before filing the GSTR-9C form, you must sign and authenticate the return either through a digital signature certificate (DSC) or by using an Aadhar-based signature verification mechanism.

Part - B : Certification of GSTR-9C

Part - B : Certification of GSTR-9C
Part - B : Certification of GSTR-9C
Part - B : Certification of GSTR-9C
(Fig-244)

 
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