6 Case Studies on RCM reporting in GSTR-9 & 9C of FY 2018-19

ASHOK KUMAR says:

In GSTR-9C table No-12A & 12D -ITC in 12A of case No-2 you have taken ITC as per Books 7 In 12D as per GSTR-3B But in form wording is same ” ITC availed as per audited Annual Financial Statement” Not as per gstr-3B. The books of accounts audited hence in both column amount should be same

September 5, 2020 at 5:52 pm

For guidance purpose only. Check your facts and figures.
Case 1: Short RCM Paid in 3B of FY: 2017-18, Paid in 3B of FY: 2018-19.
Year	Table No.	Particulars	Amount
2017-18		As per Books	500
		As per 3B	400
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	400
	Table 6C and 6D	Inward supplies received from unregistered persons (6C) or Registered person (6D) (as the case may be) liable to reverse charge (other than B above) on which tax is paid & ITC availed	400
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	400
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	400

2018-19		As per Books	200
		As per 3B	300
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	300
	Table 6C and 6D	Inward supplies received from unregistered persons (6C) or Registered person (6D) (as the case may be) liable to reverse charge (other than B above) on which tax is paid & ITC availed	300
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	300
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	300

	Table 12A	ITC availed as per audited Annual Financial Statement	200
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year	100
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	0
	Table 12D	ITC availed as per audited fnancial statements or books of account	300
	Table 12E	ITC claimed in Annual Return (GSTR9)	300

	Precaution:	*Auditors has to cross check the GSTR-2A of the taxpayer for any RCM liability reflected and tax is paid.*

Case 2: Short RCM Paid in 3B of FY: 2018-19, Paid in 3B of FY: 2019-20.
Year	Table No.	Particulars	Amount
2018-19		As per Books	300
		As per 3B	200
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	200
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	200
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	200
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	200

	Table 12A	ITC availed as per audited Annual Financial Statement	300
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	100
	Table 12D	ITC availed as per audited fnancial statements or books of account	200
	Table 12E	ITC claimed in Annual Return (GSTR9)	200

2019-20		As per Books	400
		As per 3B	500
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	500
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	500
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	500
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	500

	Table 12A	ITC availed as per audited Annual Financial Statement	400
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year	100
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	–
	Table 12D	ITC availed as per audited fnancial statements or books of account	500
	Table 12E	ITC claimed in Annual Return (GSTR9)	500

	Note:	*Auditors has to cross check the GSTR-2A of the taxpayer for any RCM liability reflected and tax is paid.*

Case 3: Short RCM Paid in 3B of FY: 2018-19 , Paid during the audit through DRC-03 in FY: 2020-21(Now).
Year	Table No.	Particulars	Amount
2018-19		As per Books	300
		As per 3B	200
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	200
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	200
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	200
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	200

	Table 12A	ITC availed as per audited Annual Financial Statement	300
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year	–
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	–
	Table 12D	ITC availed as per audited fnancial statements or books of account	300
	Table 12E	ITC claimed in Annual Return (GSTR9)	200
	Table 12F	Unreconciled Balance	100
	*Note:*	*RCM paid through DRC-03 and claimed in FY: 20-21 related to the FY:18-19*	*100*

2019-20		As per Books	300
		As per 3B	300
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	300
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	300
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	300
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	300

	Table 12A	ITC availed as per audited Annual Financial Statement	300
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year	–
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	–
	Table 12D	ITC availed as per audited fnancial statements or books of account	300
	Table 12E	ITC claimed in Annual Return (GSTR9)	300

2020-21		As per Books	400
		As per 3B	500
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	500
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	500
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	500
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	500

	Table 12A	ITC availed as per audited Annual Financial Statement	400
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years
	Table 12D	ITC availed as per audited fnancial statements or books of account	400
	Table 12E	ITC claimed in Annual Return (GSTR9)	500
	Table 12F	Unrecocilled Balance	-100
	*Note:*	*RCM paid through DRC-03 and claimed in FY: 20-21 related to the FY:18-19*	*-100*

	*Note:*	*If Short of FY: 2018-19 paid through DRC-03 in FY: 2020-21 then in GSTR-3B of FY: 2020-21 required to report in only ITC coloum.*
	Note:	*Auditors has to cross check the GSTR-2A of the taxpayer for any RCM liability reflected and tax is paid.*

Case 4: Excess RCM Paid in 3B of FY:2017-18 – Claim as per 3B in GSTR-9 of the FY:2017-18
Year	Table No.	Particulars	Amount
2017-18		As per Books	400
		As per 3B	500
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	500
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	500
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	500
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	500

	Table 12A	ITC availed as per audited Annual Financial Statement	500
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year	0
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	0
	Table 12D	ITC availed as per audited fnancial statements or books of account	500
	Table 12E	ITC claimed in Annual Return (GSTR9)	500
	Table 12F	Unreconcilled Balance	–

	Note:	*Auditors has to cross check the GSTR-2A of the taxpayer for any RCM liability reflected and tax is paid.*

Case 5: Excess RCM Paid in 3B of FY: 2018-19 – Claim as per 3B in GSTR-9 of FY:2018-19
Year	Table No.	Particulars	Amount
2018-19		As per Books (Actul RCM as per Book 300/- and 100/- of Excess RCM paid considered as ITC accounted in book for Table 12A).	300
		As per 3B	400
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	400
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	400
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	400
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	400

	Table 12A	ITC availed as per audited Annual Financial Statement	400
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year	0
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	0
	Table 12D	ITC availed as per audited fnancial statements or books of account	400
	Table 12E	ITC claimed in Annual Return (GSTR9)	400

	Note:	*Auditors has to cross check the GSTR-2A of the taxpayer for any RCM liability reflected and tax is paid.*

Case 6: Excess RCM Paid in 3B of FY:2017-18 and FY: 2018-19 – Claim as per 3B in GSTR-9 of FY:2017-18 and 2018-19.
Year	Table No.	Particulars	Amount
2017-18		As per Books	400
		As per 3B	500
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	500
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	500
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	500
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	500

2018-19		As per Books (Actul RCM as per Book 300/- and 100/- of Excess RCM paid considered as ITC accounted in book for Table 12A).	300
		As per 3B	400
GSTR 9
	Table 4G	Inward supplies on which tax is to be paid on reverse charge basis	400
	Table 6C and 6D	Inward supplies received from unregistered persons or Registered person liable to reverse charge (other than B above) on which tax is paid & ITC availed	400
GSTR 9C
	Table 9	Reconciliation of rate wise liability and amount payable thereon	400
	Table 9Q	Total amount paid as declared in Annual Return (GSTR 9)	400

	Table 12A	ITC availed as per audited Annual Financial Statement	400
	Table 12B	ITC booked in earlier Financial Years claimed in current Financial Year	0
	Table 12C	ITC booked in current Financial Year to be claimed in subsequent Financial Years	0
	Table 12D	ITC availed as per audited fnancial statements or books of account	400
	Table 12E	ITC claimed in Annual Return (GSTR9)	400

	Note:	*Auditors has to cross check the GSTR-2A of the taxpayer for any RCM liability reflected and tax is paid.*

M	T	W	T	F	S	S
						1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31

Tags:

Author Bio

Name: Umesh Sharma

Qualification: CA in Practice

Company: R.B. Sharma and Co

Location: Aurangabad, Maharashtra, India

Member Since: 27 Jan 2018 | Total Posts: 466

My Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

2 Comments

Leave a Comment

Subscribe to Our Daily Newsletter

Latest Posts

Featured Posts

Popular Posts