GST Reconciliation Statement (GSTR-9C).
GSTR-9C is the reconciliation statement filed with GSTR-9 when aggregate turnover for the year is above the notified limit. It reconciles turnover, tax and input tax credit in your audited accounts with the annual return. Since financial year 2020-21 it is self-certified by the taxpayer rather than certified by a chartered accountant, and we prepare it to the standard an auditor would expect.
Typically two to three weeks per GSTIN after the accounts are audited, run alongside GSTR-9. Time depends on the number of registrations, how turnover is split between them and the size of unexplained differences.
A partner — a chartered accountant or company secretary — from the first call to sign-off.
Based on your situation, and fixed in writing before any work starts.
Is this for you?
- Businesses whose aggregate turnover exceeds the GSTR-9C limit for the year
- Companies with several GSTINs that need state-wise turnover split from one set of accounts
- Businesses whose audited figures differ from returns because of year-end entries or unbilled revenue
- Management wanting an independent check before signing the self-certified statement
What you receive at the end.
- 01Filed GSTR-9C for each applicable GSTIN
- 02Turnover, tax and ITC reconciliation workings
- 03Schedule of unreconciled differences with reasons
- 04DRC-03 working for any additional tax identified
- 05Summary for management before self-certification
GST Reconciliation Statement (GSTR-9C), step by step.
Typically two to three weeks per GSTIN after the accounts are audited, run alongside GSTR-9. Time depends on the number of registrations, how turnover is split between them and the size of unexplained differences.
- 1
Applicability check
We confirm whether GSTR-9C applies for the year, based on aggregate turnover across your PAN.
- 2
State-wise turnover split
Where you have more than one GSTIN, we allocate audited turnover and adjustments to each registration.
- 3
Turnover and tax reconciliation
We reconcile audited turnover with GSTR-9, listing items such as unbilled revenue, credit notes and deemed supplies, and recompute tax by rate.
- 4
ITC reconciliation
We match credit in your books with ITC in GSTR-9 and identify amounts that need reversal or payment.
- 5
Self-certification and filing
You review and self-certify the statement, and we file GSTR-9C on the portal after GSTR-9.
What we need from you.
Don't have everything yet? We send a short checklist after the first call and work with what you have.
- Audited financial statements and tax audit report, if any
- Trial balance and ledger-level details of revenue and expenses
- Filed or draft GSTR-9 for each GSTIN
- State-wise turnover data, where you have several registrations
- Details of unbilled revenue, advances and credit notes
- ITC ledgers and reversal workings
The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.
- Government fees and statutory charges are billed at actuals.
- When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
Questions about GST Reconciliation Statement (GSTR-9C).
Ready to discuss GST Reconciliation Statement (GSTR-9C)?
30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.