13/08/2019
Quick Reference for GSTR-9 Annual Return Preparation
1. Take Income tax P&L for FY 2017-18
2. Compare Summary GSTR-3B and GSTR-1 available in Annual Return Portal with the filed IT Financials and identify the Correct and actual values to report. Actual as per Books has to be reported in this Annual Return.
3. Left out 2017-18 Sales & ITC reported in 2018-19 GSTR-3B having Tax impact either additional liability or reduction in liability (Net difference + or -) ---Table 10,11,12,& 13 (Only the Net impact has to be reported in Table 10 and 11)
4. Table 14: Differential tax arising out of Table 10 and 11 above (ie., Table10 -11). Fill same values in Payable and Paid Column since it has been discharged already through GSTR-3B.
5. Table 15: Refund claims if any during 2017-18 and any demand of tax by tax authorities.
6. Table 16: Only Purchase from Composition Dealer in 16A. It is not compulsory
7. Table-17: HSN for Outward supply: Above 1.5Crores turnover
8. Table18: Inward Supply HSN: It is enough to report only Value of individual HSN above 10% value of total inward supply. It is not compulsory
9. Table-4 consists of all reported sales within 2017-18 and missing or corrections not yet made.
10.Table-5: All left out Exempted Turnover can be shown here. Do not worry about not showing in already filed GSTR-3B or GSTR-1
11.In Table-6: 6B contains details of All other ITC bifurcated into “Inputs” “Capital Goods” and “Input Services”
12.Table 6C and 6D: ITC claimed out of Tax paid on Reverse charge.
13.Table-6E: Import of goods: It includes all values of FY 2017-18 shown in 3B of 201718 and 3B of 2018-19 14.Table-7: Applies only for the Reversals made in GSTR-3B during 2017-18. If No reversal shown till now, but on filing GSTR-9 ANY reversal identified has to be paid only through DRC-03 with interest FRANCE 24 15.In Table-8: 8C is the value of ITC claimed in 2018-19 for the leftout ITC of 2017-18 which is similar to value claimed in Table-13 of this Annual return.
16.Information shown in Table 8 is just for settlement purpose. Submit the Annual return as it is with the “+” or “-“value showing in Table-8D. In case of negative values, Have sufficient evidence to prove the ITC.(Tax Invoice, Payment reference, or any written acknowledgement from the supplier).
17.Table 9: Values reflected from the “Payment of Tax” Table of GSTR-3B. Cross verify with Summary GSTR-3B PDF downloaded from initial Annual Return dashboard.
