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GST Audit Checklist.

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  GST AUDIT CHECKLIST. Particulars Remark Registration & Basic Profile ·        Verify GST registration details (legal name, trade name, address, nature of business). ·        Check additional places of business and branch registrations. ·        Verify amendments made during the year (timely filing). ·        Check cancellation / suspension, if any, and its impact. Applicability of E-Invoice ·        Check the compliances Applicability of E-Way Bill ·        Check the compliances Outward Supplies / Income Side ·        Verify whether GST is correctly paid on all taxable income. ·        Classifi...
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How to Report ITC Taken – Reversed – Reclaimed in GSTR-9 for FY 2024-25.

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  ITC Taken – Reversed – Reclaimed How to Report in GSTR-9 for FY 2024-25 1. Case 1 – ITC Claimed, Reversed & Reclaimed in Same FY 2024-25. Example: - • Claimed: April 2024 – ₹100 • Reversed: October 2024 (Rule 37 – payment not made within 180 days) • Reclaimed: March 2025 (payment made) Reporting: - • ITC Claim → Table 6B • ITC Reversal → Table 7A to 7H (as applicable) • ITC Reclaimed → Table 6H 2. Case 2 – ITC of FY 2023-24 Claimed & Reversed in 2023-24 but Reclaimed in FY 2024-25. A. Reclaimed in FY 24-25 for reasons OTHER than Rule 37/37A : - → Report in Table 6A1 (ITC of previous year) → Not to be reported in Table 6H B. Reclaimed due to Rule 37/37A (payment made later) : - → Report in Table 6H → Do not report in Table 6A1 3. Case 3 – ITC of FY 2024-25 Claimed & Reversed in 24-25, but Reclaimed in FY 2025-26. A. Reclaimed in FY 25-26 for reasons OTHER than Rule 37/37A: - → Claim in Table 6B (FY 24-25) → Reversal in Table 7 (FY...
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What data needs to be filled in GSTR-9 and what are the data optional in GSTR-9 for 2024-25 (Annual Return under GST) (GSTR-9 Explanation).

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  GSTR-9_INSTRUCTION FOR 2024-25. OVERVIEW OF FORM GSTR-9. Part Table No. Remark I 1, 2, 3A, 3B Basic Details {i.e. Financial Year, GSTIN, Legal Name, Trade Name (if any)}. II 4, 5 Details of Outward and inward supplies made during the financial year. III 6, 7, 8 Details of ITC for the financial year. IV 9 Details of tax paid as declared in returns filed during the financial year. V 10, 11, 12, 13, 14 Particulars of the transactions for the financial year declared in returns of the next financial year till the specified period. VI 15, 16, 17, 18, 19 Other Information. PRE-REQUISITES. It is mandatory to file all FORM GSTR-1 and FORM GSTR-3B for the Financial Year for which the return is being filed for before filing this return.   SPECIAL NOT...
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