{"id":21932,"date":"2024-10-14T16:49:59","date_gmt":"2024-10-14T11:19:59","guid":{"rendered":"https:\/\/piceapp.com\/blogs\/?p=21932"},"modified":"2024-12-26T12:46:43","modified_gmt":"2024-12-26T07:16:43","slug":"how-to-file-gstr-9c","status":"publish","type":"post","link":"https:\/\/piceapp.com\/blogs\/how-to-file-gstr-9c\/","title":{"rendered":"How to File GSTR 9C on the GST Portal?"},"content":{"rendered":"\n<div class=\"wp-block-group has-background\" style=\"background-color:#f2f5f9\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\">Key Takeaways<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>GSTR-9C reconciles<\/strong> GSTR-9 data with audited financial statements, ensuring accuracy in turnover reporting.<\/li>\n\n\n\n<li><strong>Mandatory for businesses<\/strong> with turnover above \u20b95 crore, GSTR-9C must be certified by a Chartered Accountant.<\/li>\n\n\n\n<li><strong>Timely filing avoids penalties<\/strong> and ensures smooth compliance under GST regulations.<\/li>\n\n\n\n<li><strong>Filing involves online and offline steps<\/strong>, including generating and uploading a JSON file.<\/li>\n\n\n\n<li><strong>Proper reconciliation ensures transparency<\/strong> in tax liabilities and ITC claims, supporting long-term financial compliance.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>For companies whose taxable turnover exceeds \u20b95 crores, filing GSTR-9C is an essential legal obligation. In order to verify that the information submitted in GSTR-9 corresponds to the taxpayer&#8217;s audited finances, this form serves as a reconciliation statement. The GSTR-9C provides transparency and clarity for business compliance by highlighting any differences between the declared and audited data.<\/p>\n\n\n\n<p>It is created and approved by a Chartered Accountant or Cost Accountant for the taxable person. Both offline and online processes are included in the method. In addition to satisfying legal requirements, timely submission of GSTR-9C forms aids in the maintenance of correct records in a financial period. This protects companies from fines and <a href=\"https:\/\/www.merriam-webster.com\/dictionary\/penalty#:~:text=%3A%20disadvantage%2C%20loss%2C%20or%20hardship,the%20rules%20of%20a%20sport\" target=\"_blank\" rel=\"noopener\">penalties payable<\/a> and guarantees uninterrupted functioning under the GST system.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Is GSTR-9C and Why Should You File it?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/What-Is-GSTR-9C-and-Why-Should-You-File-it.png\" alt=\"What Is GSTR-9C and Why Should You File it?\" class=\"wp-image-22172\" style=\"aspect-ratio:16\/9;object-fit:cover\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/What-Is-GSTR-9C-and-Why-Should-You-File-it.png 900w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/What-Is-GSTR-9C-and-Why-Should-You-File-it-300x169.png 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/What-Is-GSTR-9C-and-Why-Should-You-File-it-768x432.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>GSTR-9C is an audit form introduced on September 13, 2018. Taxpayers with an annual turnover above \u20b95 crore must file it annually. A Chartered Accountant (CA) must certify the form. It reconciles the supply turnover filed in GSTR-9 with the taxpayer\u2019s audited annual <a href=\"https:\/\/www.investopedia.com\/terms\/f\/financial-statements.asp\" target=\"_blank\" rel=\"noopener\">financial statements<\/a>.<\/p>\n\n\n\n<p>The form includes the taxpayer\u2019s gross and annual turnover from their accounting books. These figures are then reconciled with all GST returns for the financial year. Any differences and their reasons must be clearly stated. GSTR 9C is required for each GSTIN.<\/p>\n\n\n\n<p>After certification from a Cost Accountant, you then file it on the GST portal or at a facilitation centre. Additional documents, like audited accounts and GSTR-9 forms, may also be required. Lastly, taxpayers must note that they need to file GSTR-9C by December 31 following the audited financial year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Pre-requisites to Prepare and File GSTR-9C<\/strong><\/h2>\n\n\n\n<p>To file the GSTR-9C form, the following conditions must be met:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The registered person or regular taxpayer must have a valid GSTIN under GST.<\/li>\n\n\n\n<li>Valid login credentials (Username and password) for the applicable taxpayer are required.<\/li>\n\n\n\n<li>The taxpayer should have filed Form GSTR-9 (Annual Return)&nbsp;for the relevant financial year.<\/li>\n\n\n\n<li>The business must have an annual aggregate turnover exceeding \u20b95 crores.<\/li>\n<\/ul>\n\n\n\n<p>On the GST Portal, GSTR-9C tile gets enabled only after filing the Form GSTR-9 of that financial year. For the GSTR 9 C offline filing process, the taxpayer needs a laptop or desktop. The tool used must be compatible with <a href=\"https:\/\/en.wikipedia.org\/wiki\/Windows_7\" target=\"_blank\" rel=\"noopener\">Windows 7<\/a> or above and Microsoft Excel 2010 or above. The process involves downloading the form from the GST portal, filling it out using the offline utility and then uploading the completed form back to the portal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Reconciliation Statement and Certification for GSTR-9C<\/strong><\/h2>\n\n\n\n<p>The GSTR-9C is a reconciliation statement comparing the taxable turnover\/annual return Form GSTR-9 filed with the taxpayer&#8217;s audited financial statements. The form is divided into several key parts:<\/p>\n\n\n\n<p><strong>Part 1: Basic Entry Details<\/strong> &#8211; This section gathers essential information like the financial year, GSTIN, legal name and trade name of the taxpayer. It also asks whether the taxpayer is subject to an audit report under any Act.<\/p>\n\n\n\n<p><strong>Part 2: Reconciliation of Turnover Declared<\/strong> &#8211; Here the taxpayer reconciles the taxable turnover and unbilled revenue reported in the audited financial statement with the taxable turnover declared in GSTR-9. This ensures that the sales figures align across both records as per books of accounts.<\/p>\n\n\n\n<p><strong>Part 3: Reconciliation of Tax Paid<\/strong> &#8211; In this section, you need to detail&nbsp;the<a href=\"https:\/\/www.collinsdictionary.com\/dictionary\/english\/tax-payment\" target=\"_blank\" rel=\"noopener\"> tax payment<\/a> transactions at various tax rates (5%, 12%, 18%, etc.). It includes both normally paid taxes and those paid on a reverse charge basis.<\/p>\n\n\n\n<p><strong>Part 4: Reconciliation of ITC (Input Tax Credit)<\/strong> &#8211; This part reconciles the ITC claimed in the financial statements with the ITC reported in GSTR-9, helping to identify any discrepancies in the transitional credit claimed.<\/p>\n\n\n\n<p><strong>Part 5: GST Auditor\u2019s Recommendations<\/strong> -The GST auditor wouldmake recommendations on any additional liability due to discrepancies found during reconciliation on turnover after adjustments declared. This includes details on taxes, interest, penalties, un-reconciled payment transactions and any outstanding demands or other amounts that need to be paid.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Preparing Form GSTR-9C Tables for Using the GSTR 9 C Offline Utility<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Preparing-Form-GSTR-9C-Tables-for-Using-the-GSTR-9-C-Offline-Utility.png\" alt=\"Preparing Form GSTR-9C Tables for Using the GSTR 9 C Offline Utility\" class=\"wp-image-22174\" style=\"aspect-ratio:16\/9;object-fit:cover\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Preparing-Form-GSTR-9C-Tables-for-Using-the-GSTR-9-C-Offline-Utility.png 900w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Preparing-Form-GSTR-9C-Tables-for-Using-the-GSTR-9-C-Offline-Utility-300x169.png 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Preparing-Form-GSTR-9C-Tables-for-Using-the-GSTR-9-C-Offline-Utility-768x432.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>The regular taxpayers will have to perform steps offline and on the GST portal. First, a GST auditor needs to fill in the details in Part A to prepare Form GSTR-9C tables as per books of accounts:<\/p>\n\n\n\n<p><strong>Pt II: Reconciliation of Gross Turnover<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Table 5: Reconciliation of gross turnover as declared in audited financial statements and Form GSTR-9C<\/li>\n\n\n\n<li>Table 6: Reasons for the un-reconciled difference in aggregate turnover or annual gross turnover<\/li>\n\n\n\n<li>Table 7: Reconciliation of annual turnover after adjustments<\/li>\n\n\n\n<li>Table 8: Reasons for un-reconciled difference in turnover and audited financial statement<\/li>\n<\/ul>\n\n\n\n<p><strong>Pt III: Reconciliation of Taxes Paid<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Table 9: Reconciliation of rate-wise liability and the amount payable<\/li>\n\n\n\n<li>Table 10: Reasons for un-reconciled payment of the taxable turnover<\/li>\n\n\n\n<li>Table 11: Additional amount payable but not yet paid or any outstanding demand on completed supplies without payment under reverse charge supplies<\/li>\n<\/ul>\n\n\n\n<p><strong>Pt IV: Reconciliation of Input Tax Credit (ITC)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Table 12: Reconciliation of net&nbsp; ITC<\/li>\n\n\n\n<li>Table 13: Reasons for un-reconciled difference in ITC<\/li>\n\n\n\n<li>Table 14: Reconciliation of ITC, as declared in GSTR-9 with ITC, availed on expenses as per audited financial statements or books of accounts<\/li>\n\n\n\n<li>Table 15: Reasons for un-reconciled ITC<\/li>\n\n\n\n<li>Table 16: Tax payable on the un-reconciled difference in ITC<\/li>\n<\/ul>\n\n\n\n<p><strong>Pt V: Additional Liability Due to Non-Reconciliation of Input Tax Credit<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Access tab Pt V and fill in the basic details in the value and<a href=\"https:\/\/www.collinsdictionary.com\/dictionary\/english\/cash-payment\" target=\"_blank\" rel=\"noopener\"> cash payment<\/a> of tax columns.<\/li>\n\n\n\n<li>After updating all the Table-Wise details, click on the \u2018Validate sheet\u2019 button and correct any errors.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Steps to Generate Form GSTR-9C JSON File Using the Offline Utility<\/strong><\/h2>\n\n\n\n<p>Here\u2019s a step-by-step guide on how to generate the Form GSTR-9C JSON file using the offline utility:&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"How To File GSTR9C Annual Return  2022-23 | filing of GSTR9C for fy 2022-23 | GSTR9C filing\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/s4NAOb2bMV8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>Step 1:<\/strong> Log in to the GST portal and download the GSTR-9 form.<\/p>\n\n\n\n<p><strong>Step 2: <\/strong>Download the table-wise details of GSTR-9C, which was derived from Form GSTR-9.&nbsp;<\/p>\n\n\n\n<p><strong>Step 3: <\/strong>Get the GSTR-9C Offline Tool. For this, select &#8216;Offline Tools&#8217; followed by &#8216;GSTR-9C Offline Tool&#8217; from the &#8216;Downloads&#8217; tab.<\/p>\n\n\n\n<p><strong>Step 4: <\/strong>Access the GSTR Offline Utility Worksheet and enter the relevant data as required.&nbsp;<\/p>\n\n\n\n<p><strong>Step 5: <\/strong>Generate the preview PDF file to view the draft version of Form GSTR-9C.&nbsp;<\/p>\n\n\n\n<p>Once you go through the above-mentioned steps, the JSON file can be generated.<\/p>\n\n\n\n<p>Form GSTR-9C should be self-certified by the normal taxpayer. He should verify the return and the taxable turnover adjustments, either through a DSC (Digital Signature Certificate) or by using an <a href=\"https:\/\/medium.com\/@digio.in\/digital-electronic-signatures-all-you-need-to-know-f60e68563286\" target=\"_blank\" rel=\"noopener\">Aadhaar-based signature mechanism t<\/a>o complete successful filing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to Upload the GSTR-9C JSON file on the GST Portal?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/How-to-Upload-the-GSTR-9C-JSON-file-on-the-GST-Portal.jpg\" alt=\"How to Upload the GSTR-9C JSON file on the GST Portal?\" class=\"wp-image-22177\" style=\"aspect-ratio:16\/9;object-fit:cover\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/How-to-Upload-the-GSTR-9C-JSON-file-on-the-GST-Portal.jpg 900w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/How-to-Upload-the-GSTR-9C-JSON-file-on-the-GST-Portal-300x169.jpg 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/How-to-Upload-the-GSTR-9C-JSON-file-on-the-GST-Portal-768x432.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>Before you generate the JSON file, make sure:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You have installed emSigner on your system.<\/li>\n\n\n\n<li>The PAN in the \u2018PT V\u2019 tab of your Worksheet matches the PAN registered with your DSC.<\/li>\n<\/ul>\n\n\n\n<p>Otherwise, you won&#8217;t be able to e-sign the JSON file.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Go to the home tab and click \u2018Generate JSON file to upload GSTR-9C details on GST portal\u2019. Save the file when the \u2018Save As\u2019 dialogue box appears on the GSTR-9C tile. Ensure the HTML file names \u2018wsweb\u2019 and \u2018GSTR_9C_Offline_Utility\u2019 are in the same folder to generate the JSON file.<\/li>\n\n\n\n<li>When a pop-up message appears, click the \u2018Allow blocked content\u2019 of the ActiveX pop-up in IE.<\/li>\n\n\n\n<li>Click the \u2018Initiate signing\u2019 button.<\/li>\n\n\n\n<li>Click \u2018Ok\u2019 when the \u2018Ready to sign\u2019 pop-up appears.<\/li>\n\n\n\n<li>Click \u2018Open Emsigner\u2019. Select the Certificate and sign when the Emsigner popup appears.<\/li>\n\n\n\n<li>A success message will confirm the signing is complete. Click \u2018OK\u2019.<\/li>\n\n\n\n<li>Another popup will confirm the JSON file has been generated and saved. Click \u2018OK\u2019 to close it.<\/li>\n\n\n\n<li>You can now send this signed JSON file to the registered taxpayer for uploading.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Uploading the JSON File<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Log in to the GST portal using the GSTR-9C Offline Utility.<\/li>\n\n\n\n<li>Select \u201cAnnual Return Form GSTR-9\u201d under the \u2018Returns\u2019 tab after logging in to find taxable turnover. Choose the correct financial year. Click \u2018Search\u2019. Once the page loads select \u201cPrepare Offline\u201d. Then click \u201cUpload\u201d.<\/li>\n\n\n\n<li>You can make edits in the GSTR-9C form before clicking \u201cProceed to File\u201d. If changes are made, re-generate and re-upload the JSON file using the GSTR-9C offline utility.<\/li>\n<\/ol>\n\n\n\n<p>If errors occur during upload, download the Error file Report. Correct the issues and upload the updated JSON file. Browse for the JSON file and click open. A confirmation message will appear once the upload is successful.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Steps to File the Form GSTR-9C on the GSTN Portal<\/strong><\/h2>\n\n\n\n<p>Follow these detailed steps, to successfully file GSTR-9C on the GSTN portal:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Steps-to-File-the-Form-GSTR-9C-on-the-GSTN-Portal.png\" alt=\"Steps to File the Form GSTR-9C on the GSTN Portal\" class=\"wp-image-22179\" style=\"aspect-ratio:16\/9;object-fit:cover\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Steps-to-File-the-Form-GSTR-9C-on-the-GSTN-Portal.png 900w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Steps-to-File-the-Form-GSTR-9C-on-the-GSTN-Portal-300x169.png 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2024\/10\/Steps-to-File-the-Form-GSTR-9C-on-the-GSTN-Portal-768x432.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p><strong>Step 1<\/strong>: Begin with uploading the JSON file generated on the GST Portal. Then upload and proceed to add the necessary annual statements like Balance Sheet, <a href=\"https:\/\/www.investopedia.com\/terms\/p\/plstatement.asp\" target=\"_blank\" rel=\"noopener\">Profit and Loss Statement <\/a>etc. Confirmation of each paper is also essential before you can continue.<\/p>\n\n\n\n<p><strong>Step 2<\/strong>: Make sure all documents which you uploaded are in PDF&nbsp;format. The maximum size of each file should be 5 MB and you need to upload a maximum of two files per section. This is to make sure the documents fall within boundaries set by the portal as in what we have seen before.<\/p>\n\n\n\n<p><strong>Step 3<\/strong>: Save the document after you have uploaded each one. This will set its status to &#8220;Processed&#8221;. Skipping clicking \u201cSAVE\u201d after each upload will result in an error message will appear when you attempt to click \u201cPROCEED TO FILE.\u201d<\/p>\n\n\n\n<p><strong>Step 4<\/strong>: The \u201cPROCEED TO FILE\u201d button will only become active after you have successfully uploaded the following essential documents:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Generated JSON file<\/li>\n\n\n\n<li>Balance sheet in PDF format<\/li>\n\n\n\n<li>Profit and loss account in PDF format<\/li>\n<\/ul>\n\n\n\n<p><strong>Step 5<\/strong>: Before final submission, you can preview your GSTR-9C draft by clicking the \u201cPREVIEW DRAFT GSTR-9C (PREVIEW)\u201d button. This step allows you to carefully review all the details and make any necessary corrections.<\/p>\n\n\n\n<p><strong>Step 6<\/strong>: When you click the \u201cPROCEED TO FILE\u201d button, you will be directed to the verification page. Confirm the verification details, which will then enable the \u201cFILE GSTR-9C\u201d button. Clicking this button is the final step to officially file the form.<\/p>\n\n\n\n<p><strong>Step 7<\/strong>: After successful filing, you can easily track the status of your GSTR-9C form for reference. Go to the \u201cServices\u201d tab on the GST Portal, select \u201cReturns\u201d from the drop-down list, and click on \u201cView Filed Returns.\u201d This feature allows you to keep track of your form for any future reference.<\/p>\n\n\n\n<p>Following these steps will ensure that your GSTR-9C is filed accurately and can be monitored efficiently. In case of an error file, follow these steps and avoid the<a href=\"https:\/\/www.collinsdictionary.com\/dictionary\/english\/penalty-payment\" target=\"_blank\" rel=\"noopener\"> penalty payable<\/a>:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Download Error Report:<\/strong> If there\u2019s an error filed during the upload, download the error report.<\/li>\n\n\n\n<li><strong>Make Corrections:<\/strong> Correct the issues in the JSON file.<\/li>\n\n\n\n<li><strong>Re-upload Updated JSON:<\/strong> Upload the corrected JSON file.<\/li>\n\n\n\n<li><strong>Download Processed JSON:<\/strong> Download the processed GSTR-9C JSON file from the GST Portal.<\/li>\n\n\n\n<li><strong>Import to Offline Tool:<\/strong> Import the JSON file into the GSTR-9C Offline Tool.<\/li>\n\n\n\n<li><strong>Make Edits:<\/strong> Add or edit data as needed.<\/li>\n\n\n\n<li><strong>Upload Updated JSON:<\/strong> Upload the updated JSON file to the GST unified Portal.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>Within the Indian finance ecosystem, GSTR-9C is both a mandatory requirement and a key statement for maintaining financial integrity during a specific financial period. Businesses verify the accuracy of their mandatory filings by carefully balancing the taxable turnover in the annual accounts with audited financial statements. <\/p>\n\n\n\n<p>A registered person can access the detailed procedure through the GST website and offline services, which simplifies it. Maintaining GSTR-9C compliance promotes an accountable and transparent culture, in addition to helping to prevent penalties. <\/p>\n\n\n\n<p>Long-term financial stability and business compliance depend on the taxable person&#8217;s ability to comprehend and file GSTR-9C correctly, regardless of the size of your company.<\/p>\n\n\n\n<p class=\"has-ast-global-color-4-background-color has-background\">\ud83d\udca1If you want to streamline your payment and make GST payments, consider using\u00a0<a href=\"https:\/\/piceapp.com\/\">the PICE App<\/a>. Explore the PICE App today and take your business to new heights.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FAQs<\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1728555539973\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>What is GSTR-9C and who needs to file it?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>GSTR-9C is a reconciliation statement that compares a business\u2019s annual turnover declared in GSTR-9 with its audited financial statements. Businesses with an annual turnover exceeding \u20b95 crore must file it, and it requires certification by a Chartered Accountant or Cost Accountant.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1728555590141\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>What happens if GSTR-9C is not filed on time?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Failure to file GSTR-9C by the December 31 deadline may result in penalties, fines, and increased scrutiny from tax authorities. Timely filing ensures compliance with GST regulations and helps avoid potential legal issues.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1728555594613\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>What documents are required to file GSTR-9C?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To file GSTR-9C, businesses need their GSTR-9 (annual return), audited financial statements (Balance Sheet and Profit &amp; Loss account), and the completed GSTR-9C form, which must be certified by a Chartered Accountant or Cost Accountant.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1728555599972\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can GSTR-9C be filed offline?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, GSTR-9C can be filed using an offline utility tool available on the GST portal. The form is filled out offline, and a JSON file is generated and uploaded on the portal to complete the filing process.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1728555605933\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>What is the purpose of GSTR-9C?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The purpose of GSTR-9C is to ensure that the turnover and tax liabilities reported in the GSTR-9 match the audited financial statements. It helps maintain transparency, ensure tax compliance, and highlight any discrepancies between the two records.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Key Takeaways For companies whose taxable turnover exceeds \u20b95 crores, filing GSTR-9C is an essential legal obligation. In order to verify that the information submitted in GSTR-9 corresponds to the taxpayer&#8217;s audited finances, this form serves as a reconciliation statement. The GSTR-9C provides transparency and clarity for business compliance by highlighting any differences between the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":22170,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-21932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst"],"_links":{"self":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/21932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/comments?post=21932"}],"version-history":[{"count":1,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/21932\/revisions"}],"predecessor-version":[{"id":57092,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/21932\/revisions\/57092"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media\/22170"}],"wp:attachment":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media?parent=21932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/categories?post=21932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/tags?post=21932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}