Share quarterly data and summary documents. We consolidate for annual return filing.
Can I file GSTR-9C before filing GSTR-9?
Absolutely not. The portal will not allow you to initiate GSTR-9C until the status of your GSTR-9 for that year is "Filed" The 9C form auto-populates data from your filed GSTR-9. Refer GSTR 9 Annual Filing Service Plan for more information.
Is GSTR-9C mandatory if my turnover is exactly ₹5 Crore?
No. It is mandatory only if your Aggregate Annual Turnover (AATO) exceeds ₹5 Crore. If it is exactly ₹5 Crore or less, you are exempt from filing
GSTR-9C, though you must still file GSTR-9 if you are above the ₹2 Crore mark.
What if I find an error in my GSTR-9 while preparing GSTR-9C?
Since GSTR-9 cannot be revised, you must report the correct figure in GSTR-9C. The "Unreconciled Difference" should be explained in the comments section, and any additional tax liability must be paid via Form DRC- 03
Is there a maximum cap on the penalty?
Yes, the late fee is capped at a maximum of 0.50% of the turnover (0.25% CGST + 0.25% SGST) in the respective State or Union Territory.
What is the form GSTR 9C?
GSTR-9C is a reconciliation statement filed by certain taxpayers that reconciles values in annual returns of GSTR-9 with the audited financial statements to identify gaps and report the same for authorities to assess.
Is it mandatory to file GSTR 9C by CA?
It is not mandatory to have GSTR-9C filed or certified by a Chartered Accountant (CA).
Can we claim ITC in GSTR 9C?
No, GSTR-9C is a reconciliation statement that compares ITC figures from GSTR-9 with audited financials; it does not allow direct ITC claims.