The much-awaited forms in form 9 series, form 9 and 9-A has been notified vide notification 39/2018 dt 4th Sep 2018.This enables the taxable persons to compile the data with a reconciliation of financials and for the auditors to prepare themselves about the approach.
GSTR Form 9
Taxable persons other than ISD, TDS/TCS detectors, casual taxable person and a non-resident taxable person has to file the form.
Part-I of the form requires the name and GSTN number of the tax payer. Part II Details of outward and inward supplies, Part III requires ITC declared, part IV the tax payment, Part V requires the 17-18 transactions accounted in 18-19 (April’18 to Sep’18 return), Part VI requires the refund and tax demand detail, supplies received from composition taxpayers and deemed supply, HSN summary of inward supplies and outward supplies and late fee details.
GSTR Form 9A
Tax payer under composition has to file this form.
Part-I of the form requires the name and GSTN number of the tax payer. Part II Details of outward and inward supplies, part III the tax payment, Part IV requires the 17-18 transactions accounted in 18-19 (April 18 to Sep’18 return), Part V requires the refund and tax demand detail, credit availed and reversed and late fee details.
The above detail is to be provided from the returns filed from July 2017 to September 2018.The form is designed to capture auto populated data from the return already filed by the taxable person and their counter persons Auto fill the data which are already entered in the form itself, where the same is required again in other parts of the return.
Those taxable persons who have prepared the return with the detailed back up of data / statements and reconciliation done with GSTR2A with GSTR2 would find the form more comfortable in filing than the others who are yet to prepare.