Course in GSTR 9 & 9C (FY 23-24)

COURSE CONTENT

1. ITC based on GSTR 2A/2B with limit provided under rule 36(4)
2. Section 44 of the CGST Act read with rule 80 (1) of the CGST Rules
3. Consequences of wrong Filing or No Filing of Annual Return
4. Late Fee for delay filing Sec 47(2) read with NN 7/2023 dated 31 March 2023
5. Notice for delay filing annual return
6. Maximum Time Limit to furnish Annual GST Return
7. List of optional Entries in GSTR 9 & 9C
8. What is spillover effect?
9. Spill Over effect adjustment in Annual GST Return
   • Invoice for FY 2022-23, reported and paid in 2023-24 (upto specified date)
   • Invoice for FY 2023-24, reported and paid in 2024-25 (upto specified date)
   • Invoice for FY 2023-24, reported and paid in 2024-25 (after specified date)
   • ITC for FY 2022-23, claimed in FY 2023-24 (upto specified date)
   • ITC for FY 2023-24, claimed in FY 2024-25 (upto specified date)
10. Annual GST Return Workflow
11. Scrutiny & Notice w.r.t Annual GST Return
12. Clause wise Analysis of GSTR 9 Tables
13. Table 4 Details of Advance, Inward & Outward supply on which Tax is payable
    • 4A. Supplies made to unregistered persons (B2C)
    • 4B. Supplies made to registered persons (B2B)
    • 4C. Zero rated supply (Export) on payment of tax (except supplies made to SEZs)
    • 4D. Supply made to SEZs on payment of tax-
    • 4E. Deemed Exports-
    • 4F. Advances on which tax has been paid but invoice has not been issued (not covered under (A) to (E) above)-
    • 4G. Inward supplies on which tax is to be paid on reverse charge basis-
    • 4G1. Supplies on which e-commerce operator is required to pay tax as per section 9(5) (including amendments, if any) [E-commerce operator to report]-
    • 4I. Credit Notes issued in respect of transactions specified in (B) to (E) above (-)
    • 4J. Debit Notes issued in respect of transactions specified in (B) to (E) above (+)
    • 4K & 4L. Supplies / tax declared through Amendments (Upward or Downward)
14. Adjustment related to Table 4
15. Supply reported in next FY in books     
16. Adjustment in case of missed supplies (Upward adjustment
17. Adjustment in case of Over supplies (Downward adjustment)
18. Adjustment in case of RCM
19. Table 5 Details of Outward supplies made during the financial year on which tax is not payable
    • 5A. Zero rated supply (Export) without payment of tax
    • 5B. Supply to SEZs without payment of tax
    • 5C. Supplies on which tax is to be paid by recipient on reverse charge
    • 5C1. Supplies on which tax is to be paid by e-commerce operators as per section 9(5) [Supplier to report]
    • 5D, 5E & 5F. Exempted, Nil Rated and Non -GST Supplies (includes ‘no-supply’)
    • 5H. Credit Notes issued in respect of transactions reported in table 5A to 5F 
    • 5I. Debit Notes issued in respect of transactions specified in 5A to 5F above 
    • 5J & 5K. Supplies declared through amendments (Upward or Downward)
20. Table 6 Details of ITC availed during the financial year
    • 6A. Total amount of input tax credit availed through FORM GSTR-3B (sum total of Table 4A of FORM GSTR- 3B)
    • 6B. Inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs)
    • 6C. Inward supplies received from unregistered persons liable to reverse charge (other than 6B above) on which tax is paid & ITC availed
    • 6D. Inward supplies received from registered persons liable to reverse charge (other than 6B above) on which tax is paid and ITC availed
    • 6E. Import of goods (including supplies from SEZ)
    • 6F. Import of services (excluding inward supplies from SEZ)
    • 6G. Input Tax credit received from ISD
    • 6H. Amount of ITC reclaimed (other than 6B above) under the provisions of the Act
    • 6J. Difference (I – A above)
    • 6K. Transition Credit through TRAN-1 (including revisions if any)
    • 6L. Transition Credit through TRAN-2:
    • 6M. Any other ITC availed but not specified above
21. ITC Adjustment in Table 6
22. Table 7 Details of ITC Reversed and Ineligible ITC for the financial year
23. Table 8 Reconciliation of ITC avail for FY
    • 8A ITC as per GSTR 2B (TABLE 3(I))
    • 8B ITC as per sum total of 6(B) and 6(h)
    • 8C ITC on inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs) received during the financial year but availed in the next financial year upto specified period
    • 8D Difference
    • 8E & 8F For ITC lapsed
    • 8G. IGST paid on import of goods (including supplies from SEZ)
    • 8H. IGST credit availed on import of goods (as per 6(E) above)
    • 8K. Total ITC to be lapsed in current financial year (E + F + J)
24. Table 9 Details of Tax paid
25. Table 10 & 11 Particulars of the transactions for the financial year declared in returns of the next financial year till the specified period
26. Table 12 Reversal of ITC availed during previous financial year
27. Table 13 ITC availed for the financial year
28. Table 14 Differential tax paid on account of declaration in table no. 10 & 11         
29. Table 15 Particulars of demand and refund
    • 15E. Total demand of taxes.
    • 15F. Total taxes paid in respect of E above.
    • 15G. Total demands pending in respect of E above
30. Table 16 Supplies received from Composition taxpayers, deemed supply by job worker and goods sent on approval basis
    • 16A. Supplies received from Composition taxpayers
    • 16B. Deemed supply under Section 143
    • 16C. Goods sent on approval basis but not returned
31. Table 17. HSN wise summary of outward supply
32. Table 18 HSN wise summary of Inward Supply (Optional)
33. Practical GSTR 9 Filing
34. Practical GSTR 9C Filing
35. Table 8C issue in GSTR 9 for FY 2023-24