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⭐ 4.9/5 Google Rating✅ Turnover Above ₹5 Crore👨‍💼 CA-Prepared Reconciliation⏰ Due 31st December

GSTR-9C
Reconciliation
Statement Filing

GSTR-9C is the annual self-certified reconciliation between your GST returns and audited financial statements — mandatory if your aggregate turnover exceeds ₹5 crore. Get it prepared by a CA, accurately, before the 31st December deadline.

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Overview

What is GSTR-9C?

GSTR-9C is an annual reconciliation statement filed alongside GSTR-9. It reconciles the figures declared in your GST returns (GSTR-1 and GSTR-3B) with the figures reported in your audited financial statements — Balance Sheet and Profit & Loss account. The purpose is to certify that what you reported to the GST department is consistent with what your audited accounts show.

Until FY 2019–20, GSTR-9C was a CA/CMA-certified audit form. From FY 2020–21 onwards, it is self-certified by the taxpayer — no CA certification is mandated on the form itself, but CA assistance is critical to prepare it accurately given its complexity.

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Aggregate Turnover — All GSTINs Under the Same PAN

The ₹5 crore threshold is calculated on aggregate turnover across all GSTINs registered under the same PAN across India. If your business has branches in multiple states and their combined turnover exceeds ₹5 Crore, GSTR-9C is mandatory for all registrations — even if an individual GSTIN has turnover below ₹5 Crore.

Structure

GSTR-9C — Parts & Key Tables

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Part A — Reconciliation Statement

The core of GSTR-9C — reconciles turnover, ITC, and tax paid between financial statements and GST returns. Tables 5–11.

Part B — Self-Certification

The taxpayer (or authorised signatory) certifies the correctness of the reconciliation statement. From FY 2020–21: self-certified.

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Table 5 & 6 — Turnover Reconciliation

Reconciliation of P&L revenue to GST taxable turnover. Adjustments: unbilled, advances, discounts, inter-GSTIN, non-GST items.

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Table 8 & 11 — ITC Reconciliation

ITC per books vs GSTR-3B vs GSTR-2B. Rule 42/43 reversals, Sec 17(5) blocked credits, ineligible ITC — highest-risk section.

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Table 9 — Tax Paid Reconciliation

Tax paid in GSTR-3B vs tax payable per reconciled taxable turnover. Differential tax must be paid or explained.

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Table 11 — Unreconciled Differences

Unreconciled differences in ITC need explanation — may trigger departmental ASMT-10 scrutiny notice and demand.

Filing Process

How TaxClue Prepares & Files GSTR-9C

End-to-end reconciliation — from collecting audited financials to portal filing.

1

Collect Audited Financial Statements

We receive your audited Balance Sheet, Profit & Loss account, and audit report for the FY. The statutory audit must be completed before GSTR-9C preparation begins — GSTR-9C reconciles against the audited figures.

2

Extract & Compile GST Return Data

We pull all GSTR-1 and GSTR-3B data for the full year, GSTR-2A/2B summary, and the GSTR-9 that was filed (or prepare GSTR-9 simultaneously if not yet filed). All 12 months of return data is compiled into a single working file.

3

Prepare Turnover Reconciliation (Table 5 & 6)

Gross revenue per P&L is mapped to GST taxable turnover. Standard adjustments are applied: unbilled revenue, advances, credit notes, discount reductions, inter-GSTIN transfers, export FOB adjustments, and items outside GST scope.

4

Prepare ITC Reconciliation (Table 8 & 11)

ITC per books (purchase ledger) is reconciled against ITC in GSTR-3B and GSTR-2B. Reversals under Rule 42/43, blocked credits under Section 17(5), and any ineligible ITC are identified and disclosed. This is the highest-risk table.

5

Tax Paid Reconciliation (Table 9)

Tax paid in GSTR-3B is reconciled against tax payable per reconciled taxable turnover. Any differential tax payable identified at this stage must be assessed — either voluntary payment under Section 73(5) or documented explanation.

6

Client Review & Approval

We share the complete GSTR-9C working file and a plain-language summary of all reconciling items before you certify and sign. You understand every figure before filing — no surprises.

7

Online Filing on GST Portal

GSTR-9C is filed at gst.gov.in → Annual Returns → GSTR-9C. Data is either directly entered or JSON-uploaded. Filed using your DSC (companies) or EVC (other entities). Filing confirmation and ARN are shared immediately.

Documents Required

Documents Required for GSTR-9C

From Your Auditor / Accounts Team
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Audited Balance Sheet & P&L

Account for the FY.

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Trial Balance (Detailed)

With all ledger balances.

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Statutory Audit Report

Form 3CA/3CB & 3CD for Income Tax.

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Fixed Asset Register

For capital goods ITC verification.

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Sundry Creditor & Debtor Ledger

Summaries for reconciliation.

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Deferred Revenue / Advance Schedule

Received schedule.

From GST Portal
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All Monthly GSTR-1 Filings

Downloaded from portal for the FY.

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All Monthly GSTR-3B Filings

With tax payment details.

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GSTR-2A and GSTR-2B Annual Summary

For ITC reconciliation.

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GSTR-9 (Annual Return)

If already filed.

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Electronic Credit Ledger

And Cash Ledger year-end balance.

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Any DRC Payments or Demand

Payments made during the year.

Structure Comparison

Late Filing — Fee & Penalty

Filing StatusLate FeeMaximum CapOther Consequence
Filed on time (by 31st Dec)NilNone
Filed after 31st Dec₹200/day (₹100+₹100)0.25% of turnover in stateLate fees accumulate until filing date
Not filed at all₹200/day — no end date0.25% of turnoverPortal blocks future filings; GST dept may initiate assessment
Filed with wrong/inconsistent dataNo additional feeScrutiny notice (ASMT-10), demand for differential tax + 18% interest + penalty
Post-Registration

Key Dates & Facts

Due Date: 31st December of the year following the FY
Threshold: Above ₹5 Crore aggregate turnover (across all GSTINs, same PAN)
File with GSTR-9 — 9C cannot be filed before GSTR-9 is submitted
Self-Certified (FY 2020–21+) — no mandatory CA sign, but CA prep recommended
Late fee: ₹200/day — cap at 0.25% of state turnover
Once filed, GSTR-9C is final — cannot be revised or amended
Unexplained ITC differences = automatic scrutiny trigger (ASMT-10)
Why TaxClue

Why Choose TaxClue?

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Full Reconciliation

Turnover, ITC, and tax — every table prepared with workings.

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ITC Risk Assessment

Table 8 & 11 prepared with full documentation to prevent notices.

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CA-Prepared

Experienced GST CA handles the entire reconciliation.

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Working Papers Included

Complete Excel workings shared — not just portal filing.

Before 31st December

We start early to avoid last-minute rush and errors.

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Transparent Pricing

Fixed fee based on turnover. No hidden charges.

FAQ

Frequently Asked Questions

The threshold is above ₹5 Crore aggregate turnover. If your turnover is exactly ₹5 Crore (not exceeding), GSTR-9C is not mandatory. However, if it's even ₹1 above ₹5 Crore, the requirement kicks in. TaxClue verifies your exact aggregate turnover across all GSTINs.
No. GSTR-9 must be filed before GSTR-9C. The portal blocks GSTR-9C submission until GSTR-9 is submitted for the same financial year. TaxClue files both together in the correct sequence.
GSTR-9C is required for the year in which your aggregate turnover exceeds ₹5 Crore. If your turnover was below ₹5 Crore in prior years, 9C was not mandatory for those years.
The GST department's data analytics system automatically flags businesses where GSTR-9C shows large unexplained differences between ITC claimed and ITC per books. If Table 11 shows significant unreconciled ITC, expect an ASMT-10 scrutiny notice within 6–12 months. TaxClue ensures every ITC difference has a documented explanation.
No. Once filed, GSTR-9C cannot be revised or amended. This makes accuracy critical. A wrong GSTR-9C is worse than a late one — it creates an admission of liability. TaxClue's CA prepares the full reconciliation; you only sign.
Removing the mandatory CA signature doesn't make GSTR-9C simpler — it makes the taxpayer personally responsible for the certification. The reconciliation requires mapping P&L revenue to GST turnover, adjusting for timing differences, identifying blocked ITC, and explaining every difference. A wrong GSTR-9C is worse than a late one.
File Before 31st December

Get Your GSTR-9C Right the First Time

One wrong figure in GSTR-9C can trigger scrutiny notices, demands, and penalties. TaxClue's CA prepares the complete reconciliation — you only sign.

🚀 Start GSTR-9C Filing 📞 +91 98914 64610 💬 WhatsApp

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